Fortune 500 companies are still hesitant about settling in Africa

Investor interest in Africa may have been piqued since the start of the 21st century, but many of the world’s Fortune 500 still seem reluctant to actually move to the continent. And if the do, they rarely stray from the beaten path.

Last year, 196 companies on the Fortune 500 had a dedicated entity covering the region, an increase from 167 in 2015. Still, 305 companies had no such entity, while 226 had no significant business in the region, says a report by Infomineo which tracked...

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