18 Jun2009

CNBC recently aired a special program on investment in Africa called “Dollars and Danger: Africa, the Final Investing Frontier”. Reporter Erin Burnett traveled from New York to China with stops in Libya, South Africa, Nigeria, and DRC (and more). She interviews government leaders, local entrepreneurs, and major foreign firms operating on the continent in an exploration of the incentives, motivations, trends, and risks surrounding investment and business opportunities on the continent.

Here are some interesting points taken from the segment:

  • Amid the current economic crisis, foreign investment in Africa rose 16% to more than $60 billion last year – contrasting with a global 23% decline.
  • According to Quinton Primo, a major real estate developer from Chicago, a typical equity investment in real estate yields 40-50% returns.
  • China says it is boosting investment to Africa 20% this year.
  • Donations to NGOs have dropped 30% amid economic crisis – this places a greater need for urgent business action.
  • Tourism is South Africa rose 20% amid the economic crisis.

The overarching theme pronounced by business leaders and investors in Africa is that there is an overwhelming demand met by minimal supply and that an emerging, young, middle class is about to become a key market for companies both foreign and domestic.

Enjoy the video and share your thoughts!

SHARE:

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Post discussion

4 Responses to “Video: CNBC’s Dollars & Danger: Africa, The Final Investing Frontier”

  • Claudia June 19, 2009 Reply to

    I was wondering if anyone has any information about an investor for a Resort in Nhasorro -Mozambique. The land has 10 acres and it's 6 ft from the beach.

  • P. Scott Cummins June 28, 2009 Reply to

    A great backgrounder for anyone wanting to be effective in Africa. Do your homework, work with people who hold objective viewpoints (Dambisa Moyo, June Arunga), and be in for the long haul…

  • Salvador Ngalle August 26, 2009 Reply to

    American dream? think again!! How about an African dream ?? check this video out .

  • Salvador Ngalle August 27, 2009 Reply to

    American dream? think again!! How about an African dream ?? check this video out .

Leave a comment

Connect With Me…

I’m continuously looking to meet new people, support new and innovative ventures, and help make people’s dreams come true! If you are interested in connecting with me, please feel free to e-mail me at marco@marcopuccia.com and/or hit me up on one of the following social networks:

Looking for something?

Looking for something specific on the site? Do a quick search and see if I can help you in any way!