African growth – the need to take responsibility

In this edition of Business Law Focus, host Evan Pickworth interviews Michael Foundethakis, recently appointed Chair of the Africa Steering Committee at global law firm Baker McKenzie. Michael has a glass-half-full outlook for Africa, based on recent deal-making activity and success. While this positive outlook does not ignore the need for responsibility and bankability, Baker's prediction is that Africa could well be one of the only major regions to experience an acceleration of economic growth in 2022. This reflects a modest improvement on a difficult 2021 for much of the continent.