It’s Africa’s turn now to get western investor’s attention

Kenyan intellectual thinks it is Africa’s turn to be the recipient of solid investments by rich westerners. Read the arguments he makes for this:

http://knowledge.wharton.upenn.edu/article.cfm?articleid=2640

Africa today contributes barely 1.5% to world trade, but its future is brighter than that number might suggest. The continent has a growing middle class, institutions that are investing heavily in infrastructure, and in another decade, it will emerge as a market of one billion consumers. Elkanah Odembo, Kenya’s ambassador to the U.S., visited Wharton recently and spoke with Knowledge@Wharton about the potential rewards and risks of investing in Africa.

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