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Working out West: A look at ASX-listed companies in West Africa

ASX News, The Market Online Thematica
14 December 2023 13:43 (AEST)

Source: The Market Herald.

Some 15 per cent of ASX-listed companies are operating in Africa, which remains a unique jurisdiction rife with opportunity and risk.

COVID-19, inflation, and the war on Ukraine have all had lasting impacts on West African nations in particular, and in recent times, stressors have been high.

While ASX-listed companies continue to operate across the region, with varying levels of operational success, it cannot be ignored that nine coups have taken place in the last three years.

And yet, Australian companies remain – highlighting just how true the maxim about Africa remains: it depends where you are.

Africa’s population is expected to overtake both China and India’s by the end of the decade, and while poverty and corruption remain huge issues – as do roving Islamic radical groups – digitisation is spreading and most West African nations are slowly developing a middle-class.

The region is worthy of proper insight and analysis – which is what this report intends to provide.

Download your free Thematica Report ‘Working Out West: Why ASX-listed companies are breaking ground in West Africa’ HERE.

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