Question:

If you wanted to invest in one of the world’s fastest growing regions with a variety of diverse economies, rich natural resources, and huge opportunities for growth, where would you put your money?

http://investinafrica.com/

According to McKinsey and Co., Africa is now growing much faster than the OECD Nations

According to the World Bank, nine of the 15 countries in the world (60%) with the highest rate of five-year economic growth are in Africa

Economics of Development

• Doug North• Institutions matter!• Africa is moving away from extractive

institutions

Africa is a major source of some of the world's most utilized minerals and

precious metals, such as gold, silver, copper, diamonds , iron and coltan (used

in computer chips and electronics), as well as oil, natural gas , uranium, bauxite,

and so many…

Gold

diamond

oil petroleum

cacaocoffee

Uranium to nuclear power

Timber woods

12 reasons to invest in Africa

• -Ground-floor opportunity

• -Low correlation• -Strong growth

expected• -Profitable companies• -Demand for

commodities• -Increasingly less

violent

• -China's involvement in the region

• -Infrastructure spending

• -Low debt• -Growing investment

from abroad• -Attractive valuations• -Young demographics

Angola

• One of world’s fastest growing economies: averaging 17% growth since 2002

• Producing more than 2 million barrels of oil per day

• Oil production accounts for 50% of Angola’s GDP

• 4th largest producer of rough diamonds

Ethiopia

• Economy is growing 10x faster than the UK• Broad-based economic expansion, with

services and industrial sectors growing at the highest rates

• Liberalized free-market economy

Mozambique

• Rich resource endowments that are expected to help to secure fiscal sustainability

• Strong performance in financial services, transportation, communications, and construction

Tanzania

• 6.8 and 7.1% growth rates (2012, 2013) beat regional averages

• Services, industry, and construction propel this performance

• Political stability/protection against nationalization

Ghana

• Oil production and mining activities lead industrial growth

• strong export performance of cocoa and gold• GDP expected to rise by 9%

Nigeria

• Vast oil reserves• 7.4% growth over the last decade

Mauritius

• Democracy/stable government• Excellent transportation network• Experienced financial sector• Good infrastructure/communications

Video 2

Conclusion