- Rising sovereign debt levels and higher unemployment are among the key challenges that policymakers in frontier markets would have to monitor and address. Some frontier markets have also underperformed emerging markets this year due to concerns about the physical health care infrastructure in place.
- The pandemic has resulted in an acceleration of technology and digital adoption across frontier markets. We’ve generally seen higher growth in data and digital payments this year across the African continent, particularly in Kenya.
- While short-term headwinds exist, the long-term story of frontier markets remains intact. The structural opportunity is akin to emerging markets 30 years ago, except that the development curve is likely to be more rapid due to technology availability.
For further details see:
Frontier And MENA 2021 Outlook: A New Era Of Investment