Africa Is The New Land Of Opportunity For Investors

Since 2000, at least half of the world’s fastest-growing economies have been in Africa. And by 2030, Africa will be home to 1.7 billion people, whose combined consumer and business spending will total $6.7 trillion. By 2030, the sectors generating the most value in Africa will be food and beverages ($740 billion), education and transportation ($397 billion), and housing ($390 billion). But there will also be strong growth in consumer goods ($370 billion), hospitality and recreation ($260 billion), health care ($175 billion), financial services ($85 billion), and telecommunications ($65 billion). According to the Harvard Business Review, Africa also has the potential to become “the world’s next great manufacturing center.” China is expected to lose from 85-100 million low-cost, labor-intensive manufacturing jobs by 2030, and Africa stands to capture many of them.

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If you see the history, Africa has always been a land of opportunity for colonizers - we recently started calling them investors?

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Yep, colonizers. Like a China now who's promoting a new form of colonialism in Africa. They are building roads in the host countries. Good developmental strides there, but then, are these roads not really designed to help them take resources out of Africa? The Chinese are getting privileged, under-market prices for the commodities they are shipping out from Africa (oil, timber, coal, copper, coltan, etc.). They are creating segregated neighbourhoods for Chinese people only: China towns have sprung up throughout the continent; just like the Apartheid era of whites owning farms, the Chinese are paying Africans very low salaries and often fire them when they try to object to working conditions....

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You are right about Africa being an investment frontier but their leaders, not foreigners, made Africa a looting frontier!

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African regimes (not all) keeps on recycling old leaders. With these regimes it will be hard to win on global market.

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