by China Okasi
Despite the overwhelming narrative that Africa is “underdeveloped,” or lagging behind the global economy, a few investors harness their power of foresight when it comes to Africa and invest the continent’s stock exchange and natural resource industries.
In fact, late last year, Senegal’s president, Abdoulaye Wade, hosted an arts festival (Fesman2009.com) to draw Americans, especially African-Americans, towards Africa’s untapped investment opportunities.
“Africa is now the only continent that has plenty of natural resources,” Wade said. “This is why we have to prepare our people for this next opportunity. People will come to Africa, because Africa will be the last frontier.”
In an effort to explore Wade’s statement, we’ve compiled a list of five African countries that investors may love.
5. Ekiti, Nigeria
The state of Ekiti in Nigeria is rich in sugar cane and granite. Naturally, a group of investors from China’s Shan Dong Province plan to establish granite quarries and sugar cane plantations there this year.
Useful link: http://www.corporate-nigeria.ne
