What will be the benefits for Korea in investing in Africa?
There is plentiful low-cost labor and huge access to raw material imports like agriculture and minerals. Several countries also have open commercial environments where it will be easy to gain benefits in agreements with the governments. I want to stress that there is huge growth in consumer demand and the desire to buy high-quality consumer goods, such as cars, mobile telephones and personal computers. So why not assemble Korean mobile phones in Africa with low-cost labor? read more...
Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts
Monday, August 2, 2010
Tuesday, July 27, 2010
Seeking Alpha: For Serious Investors: It's Time for Africa
Gone are the days when Africa was considered to be a poor continent rich only in natural resources but where poor people fought for survival amid disease and poverty. Africa, the birthplace of human civilization, is slowly but surely getting its rightful place in the history of mankind. African countries are not simply spectators to the economic rise of China and India but are a party to it. Africa is not only attracting investors from China and India, but African ETFs have also shown substantial gains in the recent times. There is no doubt that some African nations offer a tremendous growth opportunity for the investors, especially for those looking at emerging economies outside the BRIC nations. Of course there are people who are skeptical of the kind of growth African nations can achieve, but as South Africa showed with the successful completion of the FIFA World Cup Football 2010, the continent is ready to attain its lost glory. read more
Wednesday, June 30, 2010
MarketWatch: Tiny Mauritius lures China with talent, Africa know-how
These established trade routes with Africa are a major draw for the Chinese developers of the Jinfei zone, a 521-acre project being hacked out of the red soil and undergrowth about a 10-minute drive north of the capital here that the government says will amount to a $750 million development, Mauritius' largest single foreign direct investment ever.
One of the first economic zones planned by China in Africa, it's a small part of Beijing's plans to greatly increase its foreign investments overseas - what the Chinese press calls the country's "going out" strategy. Read more...
Labels:
China Africa,
investment,
SEZ,
Special Economic Zones
Tuesday, June 29, 2010
Meredith Witney: Insular nations better off
Meredith Whitney says insular African nations have faired better during the financial crisis than nations dependent on one another.
Watch video here
MarketWatch: African markets offer opportunities for the smart investor
"From an investment standpoint, it's a market that's hard to ignore, because it's a massive continent with a huge and young population and very important resources," said David Damiba, a senior fund manager at Renaissance Asset Managers in London. read more
Global Forum: For growth opportunities, don't overlook Africa
I'm was one of the ignorant ones -- I've spent most of my career as a foreign correspondent in east Asia -- but after three days of drinking from the fire hose, I've learned, along with a lot of the other attendees at the conference, that any number of African nations need to be included on any list of emerging "Hot Spots." An illuminating report on growth and opportunity in Africa by the McKinsey Global Institute had a lot of the conference goers shaking their heads and saying, in effect, "I had no idea…'' read more
Subscribe to:
Posts (Atom)