Rise of the Phoenix
In this report InVcap Partner brings you some perspectives on the wind of change blowing through Infrastructure development in Africa. Read More…
Africa is on the march again. Described as the last big emerging market with a compound 6% annual economic growth rate, from oil sands, to pyramids, mineral deposits and gold mines, the gaps that stalled Africa’s integration into the larger comity of nations are now in focus. Whether it’s seen as a country or continent, the story of Africa is no longer about the aids received but its growing rate of infrastructure investments facilitated by Private sector partnerships and international investors. Increasing government reforms across reformist nations that contribute 76% of its GDP (including Next-11s such as Egypt and Nigeria, then others: Ghana, South Africa, Egypt, Angola, Kenya), now mark the face of some African Nations. Continental growth drivers include states that are creating an enabling environment, facilitated by favourable regulatory framework, joint venture initiatives and a steadily rising capital inflow of $84b p.a (as at 2012-excludes remittances, aids). Confidence is returning to the region as most of its economies begin to target a single digit inflation rate. Its rising young population and reduction in conflicts across the continent is engendering business stability, continuity and sustainability. The question is how will Africa get to its destination?
The African Business Review Magazine, London shares InVcap CEO’s perspectives on Africa. For the full report Click:http://theafricanbusinessreview.com/africa-rising-from-the-burden-of-deficits/