The good news: Foreign direct investment in Africa reached a record $83 billion in 2021. The bad news: Africa is still drawing only 5.2% of global FDI. It’s hardly for a lack of projects; there are innumerable opportunities to generate returns in Africa. So what’s holding back private capital? What can governments do to incentivize investors? How do funds find their way beyond the largest companies to SMEs? Who’s had success investing in Africa and why? Rajakumari Jandhyala, Managing Partner and Founder, YAATRA Ventures, Florizelle Liser, President and Chief Executive Officer, Corporate Council on Africa, and Ryosuke Yamawaki, Partner, VerodKepple Africa Ventures discuss with Bloomberg's Erik Schatzker.

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