Sunday, March 3, 2013

Next Emmering Market

Next emerging market is Africa, especially Sub-Saharan countries,  along with rich mineral resources,  this region is very attractive for  the investors.  Last few years, the IMF predicated 5- 6% growth in the region. 

“A third of African countries will grow at or above 6 percent with some of the fastest growing ones buoyed by new mineral exports and by factors such as the return to peace in Côte d’Ivoire, as well as strong growth in countries such as Ethiopia,” said World Bank Vice-President for Africa, Makhtar Diop. “An important indicator of how Africa is on the move is that investor interest in the region remains strong, with $31 billion in foreign direct investment flows expected this year, despite difficult global conditions.”

All these Africa countries are natural resources rich along with young growing dynamic populations!