Africa offers a young
demographic, a growing consumer class and opportunities to build
infrastructure.
U.S.
News & World Report - When it comes
to investing in markets outside of the U.S., Africa is often overlooked. But investing interest in the
continent is starting to grow, particularly with investors who have a long-term
focus.
In
April, The Wall Street Journal reported that the New York State Common
Retirement Fund, a U.S. pension fund, planned to invest as much as 3 percent of
its assets in the region. And in November, private-equity firm The Carlyle
Group bought an 18 percent stake in the Nigerian-based Diamond Bank.
Multinational firms are also entering the region. Click
through the following link to read the full article: Why Africa Is Becoming More Accessible for Investors
“Investors
should remember that Africa is not one big economy, but is made up of many
markets.”
Nile Capital Management
We Know Africa: From Cairo to Cape Town
For more information please call 646-367-2820
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