Other reasons to travel and invest in Africa

Excerpt of article published in moneyweek.com

Why invest in Africa? Despite the continent's structural problems and the relentless focus on aid and debt relief, Ghana's stockmarket was the world´s third-best performer last year, while Egypt topped the global table and is soaring this year too. In the long term, Africa´s best chance for prosperity and stability is not from dependency on foreign aid, but from sustained private investment and enterprise. As the continent becomes gradually more prosperous, levels of private investment are set to increase significantly, especially since (according to World Bank figures) Africa currently offers the highest returns on foreign direct investment of any region in the world.

How are Africa's economies doing? Currently, they are doing pretty well. Sub-Saharan Africa is experiencing its best economic performance in years, according to Goldman Sachs economists, who reckon gross domestic product growth could average 5% over the next decade, compared to less than 3% over the past 30 years.

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