Iran War Boosts Africa’s Appeal, Bpifrance-Backed Fund Says

Wars in the Middle East and Ukraine are reshaping investor risk perceptions, highlighting Africa as more resilient than its reputation suggests, according to London-based credit fund manager TLG Capital Ltd.

Focusing on defensive sectors across the continent offer steady returns of about 12%, TLG Chief Executive Officer Zain Latif said in an interview on the Next Africa podcast. The firm, with backers including Bpifrance SACA and the International Finance Corp., has been investing in Africa for more than 16 years.