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ARTICLE · 20 SEPTEMBER 2012

A Vast Potential For Investment

The need for infrastructure investment in North Africa is of paramount importance, with commentators earmarking the power and renewable energy sectors as key growth areas.

South AfricaInternational Law

It is widely acknowledged that, following the Arab Spring, the need for infrastructure investment in North Africa is of paramount importance, with commentators earmarking the power and renewable energy sectors as key growth areas. The main hurdle new governments in this region will have to overcome is defining what is economically achievable in light of the infrastructure redevelopment needs in such countries, especially where political risk is a concern for international companies and financial institutions considering investing in North Africa.

Acknowledging the well documented challenges which North Africa faces, how are other countries in Africa, in particular those situated in East Africa, faring in the current climate? In energy terms, East Africa has historically been viewed as somewhat insignificant, although recent discoveries of oil in Kenya and gas fields offshore Tanzania and Mozambique mean this label is no longer applicable. While there are a number of

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