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Byline: Jonathan Garner and Michael Wang
Simple case for investing in sub-Saharan Africa SUB-Saharan Africa the continent excluding Algeria, Egypt, Libya, Morocco, and Tunisia, and, for this purpose, SA is showing similar investment opportunities to the former Soviet states and the east Asian economies at a similar stage of their development, in the 1990s and 1980s respectively.
The investment case for sub-Saharan Africa is simple. It is one of the fastest growing regions in the world, with 6% real gross domestic product (GDP) growth a year since 2001 and projected GDP growth of 6%-7% a year from 2008 to 2010, behind only Asia and the Gulf countries within the emerging-market universe. It is also is one of the areas with the lowest …