AFRICA DARK HOLE OR ROUGH DIAMOND ?. Hiroshima 1945. In 1945 Detroit was experiencing prosperity If you were investing in 1945: Would you have chosen Detroit ahead of Hiroshima. Detroit 2010. Hiroshima 2010. Are we expecting Africa to overtake the world ?. GDP in $ Billions (PPP).
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2007 2010 2020 ?
What is driving the GROWTH
Did the last 10 years reduced these fears ?
- Regional identity. Manage small chunks
- ID numbers, other individual detail
- Credit history
- Better econ stats measurement
Whatever rating we give Africa at the moment, we are likely to give it a better rating in 10 years time.
Is it time to invest in Africa?