Source: Control Risks Group Holdings Ltd |

Specialist risk consultancy Control Risks’ Nairobi-based team available for analysis of 14 Riverside attack

Kenya has been on heightened alert since its military intervention in Somalia in 2011, which raised the threat of reprisal attacks by Islamist extremists or sympathisers

Specialist risk consultancy Control Risks (www.ControlRisks.com) is supporting its national and international clients with the response to the 15 January terrorist attack at the 14 Riverside Drive complex in the Westlands district of Nairobi. At around 15:00 (local time), armed gunmen attacked the complex, which houses the DusitD2 hotel and…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

US-China rivalry in Africa set to sharpen in 2019

China will continue to broaden its engagement across the continent, with particular focus on East Africa

Early signs suggest that the US-China rivalry will find its way to the African continent in 2019. While the US is multiplying warnings about the perils of Chinese debt-fuelled spending for economic stability, China will continue to broaden its engagement across the continent, with particular focus on East Africa. This…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

East African countries continue to offer highest rewards for investors

Ethiopia, Tanzania and Kenya among the top scoring economies; Uganda records strongly improved risk-reward score

Ethiopia, Tanzania, Kenya and Uganda offer investors a reward score above the African continent’s average, according to the 2018 Africa Risk-Reward Index from Control Risks (www.ControlRisks.com) and Oxford Economics. Ethiopia and Tanzania lead the list of the top rewarding economies for the second time, with Kenya following in fourth position…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Political change boosts risk-reward score in Southern African markets

Zimbabwe, Mozambique and South Africa among the top ten African economies improving the reward while reducing the risks for investors

Broad political change has led to an improvement of the risk-reward score in many Southern African economies, according to the 2018 Africa Risk-Reward Index from Control Risks (www.ControlRisks.com) and Oxford Economics. Zimbabwe, leading with the largest positive change, Mozambique and South Africa saw economic and social reforms after leadership changes…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Investors’ risk-reward scores improve for West African economies

Ghana, Nigeria and Senegal register effectiveness of public economic reforms

Increased political stability, improved commodity prices and effective public economic reforms led to an improvement of the risk-reward score in several West African economies, according to the 2018 Africa Risk-Reward Index from Control Risks (www.ControlRisks.com) and Oxford Economics. Ghana leads these positive developments for West Africa, recording the strongest improvement…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Sharp rise in number of Islamist militant attacks in Africa

Attacks concentrated in Somalia, with Nigeria and Mali as the second most-prominent theatres of Islamist militant activity

Sub-Saharan Africa suffers under a sharp rise in the number of Islamist militant attacks. In its report Changing Patterns in Terrorism and the Threat to Business, Control Risks (www.ControlRisks.com), the specialist global risk consultancy, finds that the number of incidents rose from 317 in 2013 to 1,549 for the period…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Top five business risks for East Africa

Investor Demand and Business Activity to Increase as Political Stability Returns to Kenya

Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations operating in the country and East Africa more widely. High debt levels in Kenya and unpredictable policymaking in Tanzania are among the key risks for businesses…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Africa’s economic giants face increasing competition from upcoming Kenya and Ethiopia

New Africa Risk-Reward Index provides investors with a synthesis of risks and opportunities across the African continent

Africa’s economic giants, Nigeria, South Africa and Egypt, have been stumbling recently. Rising security risks and political instability in Egypt, economic downturn and militancy in Nigeria and escalating political risks in South Africa led to doubts whether the balance between risks and opportunities in these markets is still favourable for…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

RiskMap 2017. East Africa: Political flux threatens stability of business environment

Macro-economic instability fuelled by low oil prices and global economic sentiment will continue to be the main driver of business risks across East Africa in 2017

Internal political uncertainty across a number of key nations will pose a much greater risk to businesses on the continent than the effect of international geopolitics African nations vying to emerge as the commercial gateway for foreign direct investment, offer opportunities but also unknown threats for business Macroeconomic factors: low…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Governments and Telecoms Top Targeted Sectors for Cyber Attacks in East Africa

Cyber breaches are not confined to developed markets

In East Africa, governments are the top target sector for cyber attacks (33%). Telecommunications (22%) and financial services (17%) follow in close succession. Contrary to the perception that cyber breaches are a problem unique to the large multinational companies based in developed markets, East African organisations are fast becoming a…