THE RICH history of Africa is marred by slavery, colonialism, civil wars, diseases, poverty.
Therefore, most investors and businesses find investing in Africa very risky. But things have changed, investors who are set in their ways are missing out on the huge opportunities in Africa today.
The economies of Africa are experiencing tremendous growth. Six out of the 10 fastest growing economies in the world come from Africa.
Africa is the richest continents by far in terms of mineral deposits such as gold, diamond, cobalt, bauxite, magnesium, crude oil. As a matter of fact, 30 per cent of the world’s remaining minerals are in Africa.
Africa has a growing middle class that have a taste for good food, nice houses, nice clothing , good education, nice holiday. 30 per cent of the 1.27 billion population are in the middle class. For a business seeking to grow, then you should explore the African Market. It is projected that by the year 2100, 80 per cent of the world population will be living in Africa and Asia.
Another great factor is the large labour market - 60 per cent to 70 per cent of the population are under the age of 25. Providing you with young, strong, educated labour force.
The factors above make Africa the preferred destination for trade and investment.
These and many more will be highlighted at the upcoming event Investment Opportunities in Africa (IOiA) on June 8, 2019, at Milton Keynes.
IOiA 2019 is the first ever sole investment exhibition designed to bring The African High commissioner to the UK, senior African government officials and successful entrepreneurs together with key investors from across the world.
Way to Africa Ltd is aimed at promoting Africa as a prime destination for businesses and investment. This trailblazing event will focus on attracting investment into Africa’s diverse business sectors — agriculture, renewable energy, infrastructural development, real estate, health, culture and tourism, retail, hotel & hospitality, education, mining and technology.
This is a free event register on Eventbrite [2] or visit the website below for more information www.waytoafrica.org [3].
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