Tag Archives | invest in Africa
Things are looking quite positive for the Zambian economy, which has experienced strong growth in recent years, with real GDP growth between 2005 and 2011 more than 6% per year. Moreover copper – the nation’s economic lifeblood – is doing well, and it appears that Zambia’s copper production may once again outstrip that of the DRC, regifting the former with its long-held title of Africa’s number one copper producer.
Standard Bank-owned asset manager Stanlib has set up operations in Ghana through the acquisition of the Stanbic Investment Management Services division. It is also pursuing an asset management acquisition in Nigeria, which it hopes to close in the first half of 2015.
Spurred by substantial private sector investment and backed by additional government spending, Mauritius is hoping to generate 35% of its energy needs through renewable sources by 2025. The country has already made significant inroads in this direction, with various wind farms, waste-to-energy plants, and solar photovoltaic farms already in play.
Dow AgroSciences, the American manufacturer of products devoted to crop protection, is deepening its investment into Africa in order to claim a bigger stake in the continent’s vast agricultural potential. It is doing this by entering new countries, and also by removing the middle man in countries where it already had operations, believing now that the best way to do business in Africa is to have a local presence.
The Zambezi River Basin (ZRB), consisting of Angola, Botswana, Malawi, Mozambique, Namibia, Tanzania, Zambia, and Zimbabwe, is integral to the lives and basic needs of the 30 million people with access to it. The riparian economies that the ZRB facilitates have consistently enjoyed economic growth above 6% year on year, though in the past 30 years, little investment has been made into the ZRB itself in the past 30 years.
Citi, the multinational bank headquartered in Manhattan, has pledged $2.5 billion in incremental capital to fund the Power Africa initiative, which aims to bring electricity to millions in Sub-Saharan Africa.
Among the most important private equity players are public companies, which often base their investment decisions on considerations other than pure profit
Private equity investment into Africa, and fund managers’ ability to raise capital for funds dedicated to the continent, are both trending strongly upward.
The United States has committed to invest USD 33 billion in Africa -this was the message from the recent U.S. Africa Leaders’ Summit hosted by the U.S. Department of State.
In order to make a good investment decision, carrying out due diligence is critical for any potential investor.
More attention than the usual is being given to the Nigerian economy in the wake of April’s GDP rebasing which saw the nation pip South Africa to claim top spot in Africa.
In the past ten years, African countries have experienced unprecedented growth rates, with seven of the top ten fastest growing economies in the world being those of key African countries this year.
LWOL. A discussion with Mark Barnes on ‘Industrial Manufacturing: Africa versus other high growth markets’
This past Thursday we invited our LinkedIn contacts to present Mark with any questions they might have on the topic of ‘Industrial Manufacturing: Africa versus other high growth markets’ during a Lunch With Our Leaders (LWOL) session.
Africa’s enormous growth potential is now an open secret with the International Monetary Fund (IMF) predicting that by 2015 seven out of the top 10 fastest growing economies will be in the region.
In a world that is looking for alternative investment destinations, Africa is seen as the next investment and growth frontier. In order for the continent to secure its place in the global economy, properly developed infrastructure – that can support business development across the continent – needs to be established.
Africa is well positioned as an emerging market and is a wealth of opportunity for investment and growth. The world is eager to do business with Africa, however finds it difficult to access the African market especially in the interior, primarily due to poor infrastructure.
According to mining in Africa director, Ian Kramer, there will be significant opportunities and projects coming on stream in the African mining industry regardless of the decrease in demand experienced by various markets.
“Massive growth will be experienced in the next six months to a year and beyond – for example, investments in the coalfields in Mozambique, as well as the iron-ore market and existing and new investments in Guinea, but these may take longer than a year to come to fruition.”