The five United Nation subregions:[1] One common approach categorizes Africa directionally, e.g., by cardinal direction (compass direction): This approach is taken, for example, in the United Nations geoscheme for Africa and the regions of the African Union.
Another common approach divides Aregions, or vegetation types: A slightly less common, but equally important method of division of the continent is by investment factors.
For the purposes of investing, Africa is not a single destination with a single set of standardized risk factors and homogeneous potential for reward.
[2] Although some high-level similarities are evident, digging into the specifics of certain regions and countries shows that Africa comprises a range of distinct investment destinations, each with its own attractions, flaws, cultural differences and business practices.
[3][4] The investment approach was first developed by global, independent financial analytics provider and investment consultant, RisCura: