This session will explore the various factors driving the reopening to investment of certain African economies over the past two years (particularly Ghana, Nigeria, Zambia, Egypt, and Tanzania) and the opportunities these present to impact investors, as well as risks and risk mitigants. Among the questions to be covered are: What are the key risks to investors getting involved again and how can we mitigate these? What are the key signs to look out for before getting back involved? How do we mitigate the risks of foreign exchange devaluations or restrictions on convertibility? How do sovereign debt restucturings in the 2020s compare with previous and how do they impact investors on the ground? and what role can remittances and other cross-border transfers play in providing a ballast to stressed economies? This session, bringing together perspective from MFIs, international and African investors and economist, among others, will examine how local capital markets can help insulate African economies from local and global economic shocks, while maximising the resilience of impact investing.