Gemcorp Capital (Gemcorp) CEO, Atanas Bostandjiev, participated in the Financial Times Africa Summit in London, joining industry leaders Hanan Morsy (United Nations Economic Commission for Africa ), Amadou Hott (African Development Bank Group), and Modupe Famakinwa (Africa Finance Corporation) on a panel titled "Redesigning the Global Financial Architecture to Unlock Capital at a Fair Cost for Africa."
The panel explored how the barriers of liquidity and access to capital for African markets can best be addressed.
Atanas Bostandjiev, CEO of Gemcorp, commented:
“The majority of global asset managers currently allocate almost none of their capital to Africa. Even so, if they increased their allocations by as little as 0.1% from this very low base, it would unlock an unprecedented amount of funding for growth and development across sectors such as infrastructure, healthcare and agriculture.
“While investments in Africa are often perceived as risky, this is not the case. Default rates on infrastructure project financing in Africa are among the lowest globally. Furthermore, African markets exhibit lower correlation with developed markets, presenting an opportunity for diversification that can reduce overall portfolio risk.
“With a financing gap exceeding $200 billion across key sectors, and global inflation rates alongside G7 yields declining, now is the right moment for global institutions to explore the vast opportunities that Africa offers.”
At Gemcorp, we have been committed to the region since our inception a decade ago, integrating locally and building long-term partnerships with our clients to support them.
Our investments have demonstrated that the perceived risks associated with investing in Africa are often overstated, while the opportunities are immense. We remain dedicated to making a positive impact and contribution to the continent and its vibrant population.
