Why investors need to wake up to Africa


clock • 2 min read

With the BRIC story now in the investment mainstream, other new and exciting opportunities are beginning to emerge, and in our view, perhaps one of the most exciting of these is Africa.

With a GDP Growth rate of 4.9% in 2010 and 5.3% expected in FY 2011, the African economy is growing faster than that of any other continent outside Asia. Investors are waking up to Africa. As the continent moves more of its resources into industry and services, it stands to become an economic powerhouse, making not only its citizens wealthier, but its influence more global. China has been steadily ramping up investment into the continent over the past decade. It poured $5.6bn into Africa in 19962; which reached a whopping $127bn by 2010 and is expected to set a new annual record by FY...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Emerging markets