Appian Capital Advisory Plans $2 Billion Investment in Africa Amid Policy Risks

Appian Capital Advisory intends to deploy $5 billion to $7 billion globally over the next 12 to 24 months, allocating about $2 billion for investments in Africa. However, the firm's CEO Michael Scherb noted that policy uncertainty in Africa is causing capital to shift toward Latin America. The London-based mining private equity firm currently manages three active investments in Africa.

Originally published by gnews