6 Reasons Why You Want to Make an Investment in Africa
Investment in Africa
6 Reasons Why You Want to Make an Investment in Africa
Africa is quickly developing. Many of its countries are still plagued by poverty, but international investors interested in making an investment in Africa have the opportunity to take advantage of the continent’s fabulous natural resources and expanding financial markets and make nice profits while helping the people improve their living conditions. Here are six reasons why you want to make an investment in Africa this year.
1. Africa has the highest economic growth potential of all continents, and is expected by the International Monetary Fund to become from 2011-2015 the world’s fastest growing region, supplanting Asia.
2. Africa is the youngest continent in the world, with around 40% of its citizens being under 18. Many of these young people are receiving an education and will become professionals, and they will drive consumer expenditures tremendously.
3. South Africa is the world’s largest producer of platinum, gold, and chromium in the world, and has several mining companies that are attractive for international investors. Many of these companies are considered to be safe investments, being owned at least partly by international investors.
4. The African telecommunications sector is one of the most promising financial market in the world. A quick fact: a decade ago there were few mobile phones in Africa, but now there are over 700 million.
5. Sixty percent of the world’s uncultivated arable land is in Africa, but only a small part of it is being used. International investors who want to make an investment in Africa can turn their attention to the agricultural sector where great profits can be made.
6. The political stability in the continent keeps increasing. Africa is still far from being as politically stable as Europe, but many peaceful transitions of power have taken place in African countries in recent years, and the new regimes have managed to reduce corruption significantly.
