For investors, emerging markets around the globe are some of the most interesting considerations to be made. Developing economies weren’t as hard hit as mature or near-mature economies were, during the post 2008 financial world. Instead, economies like India and Africa have, in many ways, grown by leaps and bounds, even as their large-economy contemporaries have stalled or slowed. Africa in particular is very interesting. With so much room for potential investment and development, much of Africa is catching up to the rest of the world, economically speaking, at least to a point where African investment is becoming a very serious (and evolving) conversation.
Greenfield investments are on the rise in many parts of Africa, and more of these investments are originating within Africa itself, rather than in major economies around the world. Much of the investment and fund raising that happens for African investment projects is still the result of monies coming in from without – a majority, in fact. But the scales are tipping in favor of an Africa whose economy fuels its own growth. For people who remember the 90’s and early 2000’s, this may seem like an impossible dream, but it is becoming a growing reality for nations as diverse as South Africa, Kenya, and Nigeria (among others).
For a closer look at where these funds are originating, how they’re growing over time, and what purpose they are being used for, click here for an infographic courtesy of The Economist. For those totally unfamiliar, this can be a good introduction to a rapidly changing world economy, one where the “advantages of backwardness” are starting to be felt in the world’s second largest continent. These signs are very good for those invested in Africa, and for the African people themselves who hope to see bright economic days in the coming years and decades.