Cabo Verde is the 18th most attractive country to invest in Africa – Consultant

London, May 3 (Inforpress) – Cabo Verde is the 18th most attractive country for investors in Africa, and the first among Portuguese-speaking countries, according to this year’s edition of the Foreign Investment Attractiveness Program, prepared by consultancy EY.

Mozambique is in 22nd place, in a list led by Morocco, Kenya and South Africa, and untill 25th place does not include any other Portuguese-speaking country, with Cabo Verde improving six places compared to last year’s ranking, while Mozambique has worsened two levels.

“Investor sentiment about Africa should remain less enthusiastic in the coming years, which has less to do with Africa’s fundamental conditions than with a world characterized by increased geopolitical uncertainty and increased risk aversion,” commented the Executive director of EY Africa, Ajen Sita.

Investors who are not present in Africa remain positive about the long-term attractiveness of the investment in the continent, but are cautious and attentive to the difficulties, “he added.

Lusa / Inforpress / HVF

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