Africa offers a young demographic, a growing consumer class and opportunities to build infrastructure.
U.S. News & World Report - When it comes to investing in markets outside of the U.S., Africa is often overlooked. But investing interest in the continent is starting to grow, particularly with investors who have a long-term focus.
In April, The Wall Street Journal reported that the New York State Common Retirement Fund, a U.S. pension fund, planned to invest as much as 3 percent of its assets in the region. And in November, private-equity firm The Carlyle Group bought an 18 percent stake in the Nigerian-based Diamond Bank. Multinational firms are also entering the region. Click through the following link to read the full article: Why Africa Is Becoming More Accessible for Investors
“Investors should remember that Africa is not one big economy, but is made up of many markets.”
Nile Capital Management
We Know Africa: From Cairo to Cape Town
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