There are more than 100 Singapore-based entities doing business in Africa. They have invested over US$20 billion across the continent. Trade between the two has touched US$9 billion. Yet, there is so much untapped opportunity waiting to be uncovered. As China scales back its credit-fuelled investments in Africa and western capital begins to lose its appetite for frontier markets a new space has emerged for other Asian investors to step in.
More than 40 participants joined us for a riveting evening of talk, discussion, and wine appreciation on Fri, 9 Sep 2022 as Dr Robert Besseling, CEO of Pangea-Risk made a case for Singapore to establish itself as an African trade and investment hub. The event was hosted in partnership with the Singapore Business Federation (SBF) and moderated by Amit Jain, the Director of the NTU-SBF Centre for African Studies.