A new Africa is emerging. The
African markets are flooded with business opportunities, however the missing
link for most opportunities in Africa seems to have been the ability to attract
and retain global capital on the scale that would impact development and create
sustainable jobs for Africa’s growing youth population. Entrepreneurs,
promoters of projects and even public officials with responsibilities for
building new infrastructure, are all in the race to secure global capital to
expand the horizons of their businesses and respond to commercial opportunities
in their marketplace as well as expand their operations to the global
In recent times, four great
things are happening with Africa, that have all come together to create a perfect
storm of financial opportunities for African Entrepreneurs and African Nations
PROSPER AFRICA “$60 BILLION"
The United States Government has created a new initiative to drive its next generation of business opportunities between the United States Business Community and the African Entrepreneurs. This initiative is driven by the forming of a coalation of 15 US Government agencies and is supported by $60 billion in funding and US backed guarantees.
"AFRICAN EUROPEAN ALLIANCE FOR JOBS AND GROWTH "€40 BILLION"
Nations of the European Union are also looking at Africa in a whole new way.
This initiative has been designed to support the creation of new African jobs
and expand on new opportunities in Africa working closely with African
Entrepreneurs as well as the public sector. This EU initiative is equally
supported with €40 billion
This is China's singular vision of reshaping its global engagements going forward. Over 50 China State owned enterprises are currently investing over $900 billion in over 1,700 infrastructure projects across the World, which all link back to China, recreating the ancient oil silk road, and in effect reestablishing China's influence globally. Over 20 African Countries are currently benefiting from roads, rails, bridges, ports and airports' projects under the BRI, including Nigeria, Kenya, Ghana, Sao Tome, Gambia, Guinea, Mauritania, Senegal, Angola, Namibia etc.
The African Union has finally mobilized the Nations of Africa to form the largest free market coalition on the globe today. The Africa Continental Free Trade Area is made of 55 African Nations (54 have so far signed), effectively creating a $3.4 trillion GDP market place (over $6.6 trillion in PPP) with an average growth rate of 3.7%, unlocking monumental opportunities for investment targeted at supplying this market place.