Sunday, October 18, 2009

Africa is not a Country

Euvin Naidoo, an Investment Banker, is a leading advocate for Western Investment into Africa.  He provides a convincing argument for a positive outlook for some of the counties(53) that comprise the Dark Continent.  When Africa is first mentioned we immediately think of famine, war, genocide, hunger, corruption, AIDES, slavery and other horrors.

Mr. Naidoo presents the other side of the argument by pointing out that problems can be seen as opportunities for profitable investments,, that Africa is on a path to recovery and a turnaround in its economic fortunes.

He envisions a transformation of fortunes on the Continent as greater offshore investment makes its ways to individual economies, diversification away from cursed commodity based economies,. stable inflation, currency stability and continued strong performances in the many African Bourses.

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