This page has been archived and commenting is disabled.
Return-Ticket Investment to Africa, Please
Follow ZeroHedge in Real-Time on FinancialJuice
Investors will be fleeing Europe, they’ll be moving from Russia, getting far away from the USA as they can get and they’ll be going where the sun shines longer: Africa. Why? Simply because it’s worth it and the investment prospects there are far greater than they are anywhere else right now.
If you look at the top ten of places to invest in the world in the worrying times of the Chinese economy and the Indian woes, Africa has six countries that are worth taking a look at. They include Kenya, Angola, South Africa and Nigeria. Africa is said to have a potential growth of 6% in years to come and money can be made by investing there. Capitalizing on African economies is no plain sailing though and the instability (despite the apparent improvement of that) means that money can be made but perhaps not quite in the circumstances as any other country. It’s full of risks but if you invest, there’s greater potential than elsewhere right now. But, where does no-risk investment exist?
OECD nations are failing to grow despite whatever we might be told by governments round the world and Western economies are failing dismally to provide good investment projects. Few are willing or ready to take the plunge, however. That might be something good if you have the guts to do it.
South Africa, for example has clearly suffered from the withdrawal of Quantitative Easing and the billions been poured into emerging markets around the world. Economic growth has been cut from 3.2% to 2.7%, but that’s a lot more than what is being experienced either in Europe or in the USA today. Economists predict that economic growth for the country will improve to about 3.4% by 2015. Global demand has increased for South African countries and local exports. What is aiding African countries is the fact that they have huge potential as a market and secondly that they have a growth in population. Naturally, everything will depend on whether or not the developed markets continue purchasing and whether they have enough to be able to do so. Naturally, there has to be improvement in South Africa’s infrastructure and its logistics costs as well as improved competition between companies there before things can get better in terms of economic growth.
Wherever there is a link with the global economy, turbulence has been felt and Africa is no exception. The forecasts for this year for the entire continent are at around 5.3%. There has been a steady increase in economic growth from 2012’s figure of 4.2% (after excluding Libya’s oil production, which had previously madeGDP shoot up to 6.6%). Growth in countries has occurred economically, but not in terms of reducing the poverty levels in the country and there is persisting unemployment. There is the potential to employ and a potential to create jobs and reap the rewards of that.
In 2011, it was the European Union that purchased one third of African exports (but that was already a reduction from 2006’s figure of 37%). 11% of exports went to the USA. China stands at roughly 10% today (up from 6% 5 years before). Everything depends on what happens in Europe and also in China. But, the continent of Africa has the internal potential of its own markets in the years to come and that might mean long-term investment in that continent. Despite the failing of the markets of the EU and China, with which the countries in Africa seem dependent, they have still managed to survive the financial crisis and have positive figures for growth.
Investors won’t be staying in Africa, but they’ll be there to exploit them just as long and as much as they can. Africa has been exploited by the West, by Europe and by the entire world over its history. But, it’s the investors that will make the biggest big-game killing by going there today.
This is a return-ticket to Africa, where the investors will be soaking up the sun while the masses slave away on the dusty roads to success for the West.
Originally posted: Return-Ticket Investment to Africa, Please
»
- advertisements -
Meanwhile.....
Meningitis, tuberculosis and overcrowding in Melilla force evacuation of sub-Saharan immigrants to Málaga
http://www.thinkspain.com/news-spain/24097/meningitis-tuberculosis-and-o...
Unidentified illness with symptoms similar to Ebola virus has killed 23 in Guineahttp://www.news.com.au/world/unidentified-illness-with-symptoms-similar-...
At least 59 people dead in Guinea Ebola outbreakhttp://www.cnn.com/2014/03/22/world/africa/fever-epidemic-guinea/
Here comes the DIEversity, prepare to be culturally enriched!
Group of 500 migrants crosses Melilla border in biggest fence jump to datehttp://www.youtube.com/watch?v=_rVSwXloXoM
http://elpais.com/elpais/2014/03/18/inenglish/1395150133_092464.html
China have insured stability and infastructure in africa for the past 10 years
so i cant see them loosin out in the long term
they are the cement in the BRIC,s wall (south africa)
You'll have a very hard time convincing me to move my investments to a nation/continent in which the average I.Q. of the population is less than 80.......And where anyone who refuses to worship the moon rock/god and its primary perverted epileptic apostle will be hacked to death/beheaded by machetes.
Of course, of course. Defintely. As we all know in the US it's so much better when there are scientologist, people who believe that Jesus Chtist came from outer space, that he even existed, and that the world was created by God that they pray to fervently to bring back the economy to decent levels. I think I'd rather chop the head of a chicken and drink it's blood...
I have spent an immense amout of time in Africa and what you say is true. Sure there are exceptions - honorable exceptions - but overall, sad to say, they're stupid, irresponsible, careless, corrupt and lazy. It was a fucking nightmare trying to get anything done there.
I used to give the 'better' people a fancy title as I realised that this was very important to them. Big mistake! Once they got any sort of title they felt they had to do no more work.
Anybody denying the truth of what I'm saying here is either a liar or has never been there for any length of time.
... "stupid, irresponsible, careless, corrupt and lazy" people are the same everywhere. I wouldn't do any deals with 99+% of the people in the US, EU, ASEAN, GCC, or Africa.
There are shades of distinction amongst a subset of the 1%ers that make certain jurisdictions and economies more preferable and conducive to deals than others, but it's rather esoteric given the common pervasive negative traits amongst the borad majority sheeple and sheeple fleecers.
It is a fucking nightmare trying to get anything productive done anywhere, but at least in Africa the entitlement class is smaller and can be steamrolled if you really know what you're doing.
Oh come on, people are NOT the same everywhere. Except maybe at some profound abstract level, but not in terms of getting a project done efficiently and honestly.
When there is money on the table people exhibit GREED. It is not an abstraction. They will exploit any class, linguistic, racial, religious, or familial gaps to get themselves more of that money.
I don't invest in the U.S. either.
Exactly. I was about to ask Rafferty if he was actually describing America instead of Africa.
Jumbo, worked a lot in the States as well, in academia and technology consulting. Sadly the US is going the same way. It'll probably get me banned here but in all honesty it's a function of race, the darker the more useless and america is getting darker by the day. Black academics weren't worth a fuck and had useless 'qualifications' (Reparation Studies etc.) and all had a chip on their shoulder. They should instead have been on their knees in gratitude for getting totally undeserved tenure.
Some of the best people I ever worked with were Americans. Almost all were White and male but were increasingly getting fucked over by all sorts of AA by the time I was leaving (about 10 years ago). Jewish men got away with it in most companies - and especially in academia - a fact which roundly pissed off me and a lot of other people.
My honest view? White American men are among the best I worked with anywhere but they're getting robbed of the inheitance handed down by their forebears, the people who built the country. And Jews have been, and still are, the main instigators of this robbery.
That's probably the last you'll hear from me, I'll be joining Francis Sawyer in the ZH slammer!
It beggars belief that people still classify others according to the colour of their skin. It has nothing to do with the colour of one's skin. You can be white and compltely thick as pigshit. At least, to still believe that black = having a chip on your shulder and being uuseless (in your words, not mine), is just about the shit definition; let the pig alone.
It beggars belief that people still classify others according to the colour of their skin. It has nothing to do with the colour of one's skin. You can be white and compltely thick as pigshit. At least, to still believe that black = having a chip on your shulder and being uuseless (in your words, not mine), is just about the shit definition; let the pig alone.