Opinion / Columnist
Investors see Africa as the Final Frontier
05 Dec 2018 at 11:14hrs | Views
Many investors see Africa as the "final frontier" as emerging markets like China and India continue to mature. With a population of about a billion and abundant of natural resources, the continent has been a magnet among investors over the decades. But, the region has also been affected by war and regime changes that have kept many multinational companies and investors away.
Unlike Europe or South America, investing in Africa varies quite a bit by region. Northern Africa is very similar to much of the Middle East in terms of its oil assets and major industries, while South Africa is more developed market with a strong mining industry. Sub-Saharan Africa is still in pursuit of international investors and includes lesser developed economies but with abundant of natural resources .
Northern Africa consists of Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, and Western Sahara. Most of Northern Africa countries are known as crude oil reserves. For instance, Libya holds Africa's largest oil reserves and the eighth largest reserves in the world. Multinational companies have stakes in many of these oil reserves, although politics frequently interferes with operations.
While Africa is an attractive place for investment, the investments are exposed to a number of risks that may be considered higher than in other places in the world. Risks such as antisocial and criminal behavior, interference by third parties and security attacks can result in devastating effects on the normal running of government entities.
Africa need to boost investor confidence . I believe with good governance Africa will be the Heaven on earth . Africa people don't deserve to suffer because of these abundant of resources . Let's shun corruption , good ground of politics and defend our sovereignty in holistic manner .
Enos Denhere is an Entrepreneur, Leadership Success Coach, Mentor, Pastor, Strategist. He is looking for Multinational Companies, Investors and Nation building organizations to work with in Zimbabwe, SADC region and Entire Africa as your Sole Representative.
Email enosdenhere@gmail.com / rebuild1@gmail.com Call /App +263773894975
Unlike Europe or South America, investing in Africa varies quite a bit by region. Northern Africa is very similar to much of the Middle East in terms of its oil assets and major industries, while South Africa is more developed market with a strong mining industry. Sub-Saharan Africa is still in pursuit of international investors and includes lesser developed economies but with abundant of natural resources .
Northern Africa consists of Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, and Western Sahara. Most of Northern Africa countries are known as crude oil reserves. For instance, Libya holds Africa's largest oil reserves and the eighth largest reserves in the world. Multinational companies have stakes in many of these oil reserves, although politics frequently interferes with operations.
While Africa is an attractive place for investment, the investments are exposed to a number of risks that may be considered higher than in other places in the world. Risks such as antisocial and criminal behavior, interference by third parties and security attacks can result in devastating effects on the normal running of government entities.
Africa need to boost investor confidence . I believe with good governance Africa will be the Heaven on earth . Africa people don't deserve to suffer because of these abundant of resources . Let's shun corruption , good ground of politics and defend our sovereignty in holistic manner .
Enos Denhere is an Entrepreneur, Leadership Success Coach, Mentor, Pastor, Strategist. He is looking for Multinational Companies, Investors and Nation building organizations to work with in Zimbabwe, SADC region and Entire Africa as your Sole Representative.
Email enosdenhere@gmail.com / rebuild1@gmail.com Call /App +263773894975
Source - Enos Denhere
All articles and letters published on Bulawayo24 have been independently written by members of Bulawayo24's community. The views of users published on Bulawayo24 are therefore their own and do not necessarily represent the views of Bulawayo24. Bulawayo24 editors also reserve the right to edit or delete any and all comments received.
