Tag Archives | GDP growth
Nigeria has so far managed to avoid going the same way as the “fragile five”, namely India, Indonesia, Brazil, Turkey, and South Africa, when it comes to being a prosperous emerging market.
Investment in Africa, and developing the perception of Africa as a promising investment destination, is key to the continued growth, development and success of the region …
Africa is no longer just a curiosity, it is a big source of profit. Boasting GDP growth of more than 5% over the past decade, a population of over 800 million and a total purchasing power of 1.9 trillion US dollars. With growth of any financial services sector really intertwined with that of any economy, it’s not hard to see the appeal that this sector, and investing in it, offers. Once this investment gets made, it then triggers a vicious circle where financial services plays a critical role in unlocking Africa’s full potential.