The Infrastructure Investor interviewed AIIM’s joint-MD Olusola Lawson about where he sees investment opportunities and challenges across Africa.
The discussion touched on the promise of renewables and challenges of load shedding in South Africa, the importance of increasing internet connectivity to create jobs and how the continent has been affected by global inflation.
Discussing the potential of the internet as Africa’s “fourth utility”, Olusola explained, “the internet economy could contribute over $700b to Africa’s GDP by 2050 while increasing connectivity to 75 per cent of the population could generate 44 million new jobs.”
He also predicted that South Africa could become a leading renewable energy powerhouse in the global emerging market space. He noted that AIIM had been the largest equity investor in the renewable energy opportunity, investing in 32 projects across South Africa.
To read the full interview, please visit Infrastructure Investor.