Africa’s Risks

The FT writes about the impact of Kenya's political turmoil on investor perceptions:

The explosion of violence that has met Mwai Kibaki’s disputed election in what was considered one of Africa’s most stable countries threatens to undermine not only Kenya’s reputation but also the continent’s.Charlemagne Capital, an emerging market specialist, said Kenya’s place “at the centre of the renaissance in eastern Africa seemed assured”. The worst-case scenarios for the country now threatened to “wipe it off the map from the point of view of international investors”.