African Economies Feeature/ Investors Pile Into Africa Unconcerned About Virus Spreading

Jacques Nel, An Economist At Paarl, South Africa-Based Nkc African Economics talks According to an article on Moneyweb, Investors are piling into African assets as if the coronavirus pandemic never happened. Even as questions hang over whether governments in the region will be able to sustainably address the economic and health consequences of the pandemic, stock markets, currencies and bonds have been on a tear since at least the beginning of May. Investors are looking past the risks as unprecedented stimulus by governments and central banks around the world drives down the dollar and re-awakens the search for yield.