If you are looking to invest your money in a growing, vibrant market, you should really consider Africa. Many African countries are providing investors with a healthy return on their capital. Africa has been associated with corruption, poverty and despair, but in recent years it has proved that it can provide genuine opportunities for investors. African investments are most definitely on the rise.
Of the 53 countries that make up Africa, excellent growth is being experienced by 50 of these countries. This is in stark contrast to the western economies which are presently flat. With more than half the population of Africa being under 20 years of age, the economy in this vast continent is creating many opportunities. It would be impossible to discuss all prospering countries in Africa, so we will look at just a few.
The country of Morocco is showing itself as a leader in the real estate market. Situated in northern Africa, Morocco is close to Europe and the Middle East. Therefore its culture is tinged with a little of three different continents. With its stunning coastline and breathtaking natural beauty, it is not surprising that Morocco is attracting real estate investors from all over the globe.
Investors from Mauritius, China, India, Portugal and the United Kingdom have taken advantage of the many profitable opportunities in Botswana. These include the tourism industry, coal mining, leather goods, glass products, and the diamond and semi-precious stones industry. All these sectors of Botswana’s economy are enjoying prosperity.
Kenya ranks at number 3 in Africa’s foreign exchange earnings (South Africa and Morocco are 1st and 2nd). As a result of the implementation of several policies designed to attract investment, Kenya is enjoying a burgeoning tourist industry. Scores of foreign investors have climbed on this bandwagon, while many are also taking advantage of Kenya’s fast-growing movie industry.
In pole position of Africa’s foreign investment income is South Africa. Boycotted by the rest of the world for many years due to its racist government, South Africa has made a remarkable recovery under its new government. There is potential for foreign investors in a host of thriving sectors.
In Nigeria, the government is making great strides in attracting foreign investment. This country enjoys rich dividends earned as a result of the high oil price. Therefore investing in an oil company associated with the Nigerian oil industry would be a solid investment. Other options include investment or unit trusts.
Malawi is another African country that has caused would-be investors to prick up their ears. Those who invest in Malawi′s vibrant agricultural industry are enjoying healthy returns. Because of its ideal climate and fertile land, Malawi is making a name for itself as a major food producer in Africa.
Uganda is an African country that welcomes foreign investments in almost all of its economic sectors. With a steady economy and a government with vision, more and more investors are seeing Uganda as a secure investment opportunity. Investors are permitted to retain a 100 percent shareholding in their investments. This is a big factor for potential investors.
Want to find out more about african investment, then visit the African Infrastructure and Global Connection’s (AI&GC) site on how to choose begin investing in this economy.
