Africa has 15% of the world's population but controls less than 3% of global GDP. A trio of investment pros make the case that as Africa catches up opportunities will abound for investors.
Central bank intervention and its effects on financial markets were topics of major concern for the financial professionals who responded to the survey conducted by CFA Institute for members in the Europe, Middle East, and Africa (EMEA) region in October 2013.
European Investment Conference speaker Charles Robertson of Renaissance Capital explains where Africa's GDP will be by the year 2050.
The founder and executive chairman of the Mandela Institute for Development Studies (MINDS) believes perceived risks of investing in Africa are higher than the actual risks and that attractive investment opportunities can arise from the ‘negatives’ associated with Africa.
Nkosana Moyo, executive chairman at the Mandela Institute for Development Studies (MINDS), argues that development funds should be spent on improvements “to make an investor indifferent.” Moyo will be speaking at the Fifth Annual CFA Institute European Investment Conference.
The continent is benefitting from favorable demographics and an upward secular trend in commodity prices, says Clifford D. Mpare, the Executive Chairman and CEO of Frontline Capital Advisors Limited.