Africa is a land of opportunity. With a growing population and an increasing demand for goods and services, Africa is quickly becoming one of the most important markets in the world. According to Ibrahim Issaoui, if you’re looking to invest in a region with high growth potential, Africa should be at the top of your list. In this blog post, we will discuss why you should invest in Africa!
Africa Needs Connectors
Missing across Africa is an adequate transportation and communication infrastructure. This is where companies like general electric, caterpillar, and dell have made their mark, helping to build a foundation for economic growth. The companies connecting markets and Africans to the global economy are now receiving attention from investors. The lack of adequate infrastructure has helped create enormous opportunities for foreign companies in sectors like manufacturing, food processing and logistics services, and telecommunications equipment providers such as Nokia siemens networks or cisco systems inc., which have both set up offices across from significant cities throughout Africa.
Trade Barriers in Africa Are Falling
Africa is becoming an increasingly important market for investors. The economic growth rate has been impressive, with many countries experiencing sustained increases over recent decades. Many factors have contributed to this economic growth, including trade liberalization policies that many governments adopted after they became independent from European colonial powers; increased foreign direct investment (FDI) flows into Africa; improvements in governance and political stability across most of Africa as rising commodity prices.
The Digital Transformation Africa
In a continent where only about 25% of the population has electricity, mobile phones are becoming an essential tool for economic growth and development. More than 60 per cent of all Africans live in rural areas, many of which have no or limited access to electricity services – thus making mobile devices their primary source of energy needs. According to the latest report from the global portable Suppliers Association (GSA), there are now more than 660 million unique subscribers in Africa, accounting for about half of the world’s growth in 2017. This is compared to just over 460 million users in 2016, representing an increase of 43%.
Africa Is Diversifying
over the past decade, Africa has become less dependent on commodities and more reliant on manufacturing. This is due to several factors, including the global recession (which reduced demand for things such as oil and gold); falling commodity prices; trade restrictions by developed countries that have made it difficult for African exporters to sell their products; and the increasing availability of capital, technology and skillsets in Africa.