Venture Capital for Africa | Blog | Three reasons to take a new look at investing in Africa

Have you had a chance to look through the McKinsey Global Institute report, ‘Lions on the Move, the progress and potential of African Economies?’ This is a remarkable work that gives some impressive foundation to the African growth story we are happy to read about every day in our newspapers. Today we highlight three reasons we should take a new look at Africa! See a copy of the report.

Looking at compound annual real GDP growth between 2000 and 2008, Africa is third after Emerging Asia and the Middle East. At 4.9 the African region outperformed Central and Eastern Europe by a slim margin but well surpasses Latin America. Given the current financial climate in North America and Europe, those looking for growth numbers will continue to look to emerging African economies.

More from Ben White and Venture Capital for Africa>>



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