{"id":49317,"date":"2026-10-28T17:28:30","date_gmt":"2026-10-28T15:28:30","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&p=49317"},"modified":"2026-10-28T17:28:30","modified_gmt":"2026-10-28T15:28:30","slug":"appian-targets-about-2-billion-for-africa-but-warns-policy-risk-is-driving-capital-away","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/appian-targets-about-2-billion-for-africa-but-warns-policy-risk-is-driving-capital-away\/","title":{"rendered":"Appian targets about $2 billion for Africa but warns policy risk is driving capital away"},"content":{"rendered":"
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Appian Capital Advisory plans to deploy $5 \u200cbillion to $7 billion globally over the next 12 to 24 months, with roughly $2 billion for Africa, Chief Executive Officer Michael Scherb said, though policy uncertainty is pushing investment toward Latin \u200bAmerica.<\/p>\n<\/div>\n

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The London-based mining private equity firm currently holds three active \u200binvestments in Africa and has exited three others. Those exits include \u2060projects in Burkina Faso and Tanzania, which came amid a coup \u200band an election crisis, respectively. Appian has four active investments in Latin America, \u200bmainly in Brazil.<\/p>\n<\/div>\n

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African governments have tightened control over their mining sectors in recent years, revising mining codes, raising royalties and demanding greater local participation as they seek a larger share \u200bof mineral wealth.<\/p>\n<\/div>\n

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Latin America has generally maintained more stable fiscal and permitting \u200bregimes, despite resource nationalism in major producers like Chile, Peru and Mexico.<\/p>\n<\/div>\n

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“The geology doesn’t \u200cchange, \u2060but government policy does,” Scherb told Reuters <\/i>on Tuesday. “It’s costly for investors to leave, but it’s also costly for governments because that capital simply moves elsewhere.”<\/p>\n<\/div>\n

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Scherb said Appian views Morocco, Namibia and Botswana as top-tier mining jurisdictions \u200band is evaluating \u200bopportunities in Ghana, \u2060Ivory Coast, Mauritania and Senegal.<\/p>\n<\/div>\n

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Appian invests in gold, copper, zinc, rare earths and other critical minerals. It remains bullish \u200bon copper, he said, expecting supply growth to struggle \u200bto keep \u2060pace with demand from electrification, artificial intelligence, data centres and power-grid expansion.<\/p>\n<\/div>\n

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He said African countries could capture a significantly larger share of global mining investment \u2060by \u200bstreamlining permitting and improving policy predictability.<\/p>\n<\/div>\n

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“The capital is \u200bthere,” Scherb said. “The question is which countries will create the stability and predictability needed to \u200battract it.”<\/p>\n<\/div>\n

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–Reuters–<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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