The African continent represents the opportunities of tomorrow, and we at Roland Berger see strong business opportunities being created by Africa's improving economic strength. Mining this unprecedented potential requires sound knowledge and a thorough understanding of the market. That is the purpose of our study titled "Africa – The next growth opportunity". Its main goal is to highlight selected economies with environments conducive to robust economic growth, and at the same time help companies and investors benefit from and contribute to this growth by providing an in-depth analysis of high-potential industries within these economies.
Beyond commodities: Gulf investors and the new Africa is a
report by The Economist Intelligence Unit examining Sub-Saharan Africa’s growth trends outside of the natural resource
and commodities sectors, and maps the existing and potential
role of Gulf-based investors. The findings are based on desk
research and interviews with experts, conducted by The
Economist Intelligence Unit. This research was commissioned
by Dubai Chamber.
Publication: The Future of Africa - Lessons learnt from the Southern Growth E...Africa Cheetah Run
Africa has a lot to learn, but will need to learn at a very fast pace.
Two different narratives about present-day Africa are thriving in parallel. Indeed, current African debate is a reflection of the complex reality on the ground. There are reasons for optimism and hope. And there are reasons for concern.
An Executive Briefing report that was one of the deliverables required for my International Business final group project: "The Apparel Market of Saudi Arabia: An Untapped and Growing Opportunity for US Firms." Other deliverables included a presentation and an individually written one-page summary of the report.
Dissertation fdi-foreign-direct-investmentTutors India
We write abstract for your master’s dissertation which would approximately contain 250 to 350 words. We complete the abstract after the full dissertation has been written that includes a brief summary of introduction or background, objectives, boundaries, methodology, the results of the dissertation research, main conclusion that you arrive, and recommendations
Beyond commodities: Gulf investors and the new Africa is a
report by The Economist Intelligence Unit examining Sub-Saharan Africa’s growth trends outside of the natural resource
and commodities sectors, and maps the existing and potential
role of Gulf-based investors. The findings are based on desk
research and interviews with experts, conducted by The
Economist Intelligence Unit. This research was commissioned
by Dubai Chamber.
Publication: The Future of Africa - Lessons learnt from the Southern Growth E...Africa Cheetah Run
Africa has a lot to learn, but will need to learn at a very fast pace.
Two different narratives about present-day Africa are thriving in parallel. Indeed, current African debate is a reflection of the complex reality on the ground. There are reasons for optimism and hope. And there are reasons for concern.
An Executive Briefing report that was one of the deliverables required for my International Business final group project: "The Apparel Market of Saudi Arabia: An Untapped and Growing Opportunity for US Firms." Other deliverables included a presentation and an individually written one-page summary of the report.
Dissertation fdi-foreign-direct-investmentTutors India
We write abstract for your master’s dissertation which would approximately contain 250 to 350 words. We complete the abstract after the full dissertation has been written that includes a brief summary of introduction or background, objectives, boundaries, methodology, the results of the dissertation research, main conclusion that you arrive, and recommendations
Sub-Saharan Africa Regional Outlook June 2013WB_Research
http://www.worldbank.org/globaloutlook
Strong domestic demand allowed Sub Saharan African economies to continue their robust growth trajectory in 2012, despite subdued global demand conditions. On aggregate the region grew at 4.4 per cent in 2012 (this includes South Sudan whose GDP recorded a double digit contraction).
Africa-China Dialogue Series: Partnerships on SDGs and Agenda 2063Désiré Assogbavi
Oxfam's Africa-China Dialogue Platform will hold a multi-stakeholder dialogue, under the theme "African countries’ engagement with China and other Partners to achieve SDGs and Agenda 2063". The dialogue will focus on Africa’s strategy to make good use of the opportunities arising from Africa-China/other development partners’ cooperation from development financing perspectives under the framework of SDGs and Agenda 2063. See Concept Note and Agenda
Publication - "The private sector, driving force to africa's growth"AFRICA CEO FORUM
Prior to the 2015 AFRICA CEO FORUM, the organisers are publishing a report called “The private sector, driving force of Africa’s growth.” The purpose of this first-of-its-kind document is to share with as many people as possible the up-to-date issues discussed during previous editions of the AFRICA CEO FORUM. It voices the thoughts of African CEOs on the development of capitalism in Africa.
www.theafricaceoforum.com
IN ASEAN SINGAPORE IS THE RICHEST ECONOMY WHILE MYANMAR IS POORESTMYO AUNG Myanmar
IN ASEAN SINGAPORE IS THE RICHEST ECONOMY WHILE MYANMAR IS POOREST
https://www.worldlistmania.com/top-20-poorest-countries-asia/
https://en.wikipedia.org/wiki/List_of_ASEAN_countries_by_GDP
https://www.worldatlas.com/articles/the-richest-and-poorest-countries-of-southeast-asia.html
ECONOMICS
The Richest And Poorest Countries Of Southeast Asia
Singapore is the richest economy in Southeast Asia, while Myanmar is the poorest.
https://en.wikipedia.org/wiki/List_of_Asian_and_Pacific_countries_by_GDP_(PPP)
https://www.forbes.com/sites/peterpham/2017/10/18/why-is-asias-99-so-poor/#7fa9c41123be
Why Is Asia's 99% So Poor?
Peter Pham-Contributor-
I write financial newsletters for investors on how to profit in Asia.
https://www.youtube.com/watch?v=w2VPPu5L5gI
https://www.weforum.org/agenda/2015/04/which-asean-country-is-the-most-competitive/
Which ASEAN country is the most competitive?
https://www.gfmag.com/global-data/country-data/myanmar-gdp-country-report
Myanmar GDP and Economic Data
Country Report 2017 - Includes Myanmar real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Myanmar economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Myanmar best banks and safest banks are also available.
https://www.gfmag.com/magazine/september-2018/frontier-asias-trickiest-puzzle
Myanmar: Frontier Asia's Trickiest Puzzle
Investing in Myanmar requires reconciling great opportunities and great risks.
SEPTEMBER 01, 2018 Author: AL EMID
https://borgenproject.org/why-is-myanmar-poor/
12NOV2017
Why is Myanmar Poor?
https://www.adb.org/countries/myanmar/poverty
Poverty in Myanmar
http://www.worldbank.org/en/country/myanmar/overview
The World Bank In Myanmar
The World Bank is working with the government and other partners in support of reforms that will benefit all of the people of Myanmar, including the poor and vulnerable.
http://www.worldbank.org/en/news/press-release/2017/12/12/myanmar-revises-poverty-measure-to-reflect-needs-of-population-in-2015
Myanmar Revises Poverty Measure to Reflect Needs of Population in 2015
http://www.worldbank.org/en/news/press-release/2018/05/17/economy-grows-amid-uncertainty-in-myanmar
PRESS RELEASE May 17, 2018
Economy Grows Amid Uncertainty in Myanmar
South Africa – Mandela Magic versus Nation Gone Astray? Future Watch Report, ...Team Finland Future Watch
Open economy and high growth with business diversification versus closed economy and low growth with low business diversification? Doing business in South Africa is relatively easy, especially in the African context. The disparity between rich and poor is high.
We are pleased to release the November 2016 Africa Market Update covering macroeconomic trends in Nigeria, Kenya, Tanzania, Zambia (Post-Election Issue), Uganda and Rwanda.
The issue includes a snapshot of the deals landscape in Africa as well as our publication with the International Growth Centre on how the plunge in commodity prices in the global market is influencing the electoral cycle in sub-Saharan Africa.
Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, sports and many more. It is our sincere endeavor to bridge the information gap between Africa and India by endowing our readers with updated and latest developments occurring in both the countries.
How is Africa Developing in 2014 ? Report by Ernst and Young, the Africa Attractiveness Report. A #MustRead for anyone doing or wanting to do business in Africa.
Sub-Saharan Africa Regional Outlook June 2013WB_Research
http://www.worldbank.org/globaloutlook
Strong domestic demand allowed Sub Saharan African economies to continue their robust growth trajectory in 2012, despite subdued global demand conditions. On aggregate the region grew at 4.4 per cent in 2012 (this includes South Sudan whose GDP recorded a double digit contraction).
Africa-China Dialogue Series: Partnerships on SDGs and Agenda 2063Désiré Assogbavi
Oxfam's Africa-China Dialogue Platform will hold a multi-stakeholder dialogue, under the theme "African countries’ engagement with China and other Partners to achieve SDGs and Agenda 2063". The dialogue will focus on Africa’s strategy to make good use of the opportunities arising from Africa-China/other development partners’ cooperation from development financing perspectives under the framework of SDGs and Agenda 2063. See Concept Note and Agenda
Publication - "The private sector, driving force to africa's growth"AFRICA CEO FORUM
Prior to the 2015 AFRICA CEO FORUM, the organisers are publishing a report called “The private sector, driving force of Africa’s growth.” The purpose of this first-of-its-kind document is to share with as many people as possible the up-to-date issues discussed during previous editions of the AFRICA CEO FORUM. It voices the thoughts of African CEOs on the development of capitalism in Africa.
www.theafricaceoforum.com
IN ASEAN SINGAPORE IS THE RICHEST ECONOMY WHILE MYANMAR IS POORESTMYO AUNG Myanmar
IN ASEAN SINGAPORE IS THE RICHEST ECONOMY WHILE MYANMAR IS POOREST
https://www.worldlistmania.com/top-20-poorest-countries-asia/
https://en.wikipedia.org/wiki/List_of_ASEAN_countries_by_GDP
https://www.worldatlas.com/articles/the-richest-and-poorest-countries-of-southeast-asia.html
ECONOMICS
The Richest And Poorest Countries Of Southeast Asia
Singapore is the richest economy in Southeast Asia, while Myanmar is the poorest.
https://en.wikipedia.org/wiki/List_of_Asian_and_Pacific_countries_by_GDP_(PPP)
https://www.forbes.com/sites/peterpham/2017/10/18/why-is-asias-99-so-poor/#7fa9c41123be
Why Is Asia's 99% So Poor?
Peter Pham-Contributor-
I write financial newsletters for investors on how to profit in Asia.
https://www.youtube.com/watch?v=w2VPPu5L5gI
https://www.weforum.org/agenda/2015/04/which-asean-country-is-the-most-competitive/
Which ASEAN country is the most competitive?
https://www.gfmag.com/global-data/country-data/myanmar-gdp-country-report
Myanmar GDP and Economic Data
Country Report 2017 - Includes Myanmar real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Myanmar economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Myanmar best banks and safest banks are also available.
https://www.gfmag.com/magazine/september-2018/frontier-asias-trickiest-puzzle
Myanmar: Frontier Asia's Trickiest Puzzle
Investing in Myanmar requires reconciling great opportunities and great risks.
SEPTEMBER 01, 2018 Author: AL EMID
https://borgenproject.org/why-is-myanmar-poor/
12NOV2017
Why is Myanmar Poor?
https://www.adb.org/countries/myanmar/poverty
Poverty in Myanmar
http://www.worldbank.org/en/country/myanmar/overview
The World Bank In Myanmar
The World Bank is working with the government and other partners in support of reforms that will benefit all of the people of Myanmar, including the poor and vulnerable.
http://www.worldbank.org/en/news/press-release/2017/12/12/myanmar-revises-poverty-measure-to-reflect-needs-of-population-in-2015
Myanmar Revises Poverty Measure to Reflect Needs of Population in 2015
http://www.worldbank.org/en/news/press-release/2018/05/17/economy-grows-amid-uncertainty-in-myanmar
PRESS RELEASE May 17, 2018
Economy Grows Amid Uncertainty in Myanmar
South Africa – Mandela Magic versus Nation Gone Astray? Future Watch Report, ...Team Finland Future Watch
Open economy and high growth with business diversification versus closed economy and low growth with low business diversification? Doing business in South Africa is relatively easy, especially in the African context. The disparity between rich and poor is high.
We are pleased to release the November 2016 Africa Market Update covering macroeconomic trends in Nigeria, Kenya, Tanzania, Zambia (Post-Election Issue), Uganda and Rwanda.
The issue includes a snapshot of the deals landscape in Africa as well as our publication with the International Growth Centre on how the plunge in commodity prices in the global market is influencing the electoral cycle in sub-Saharan Africa.
Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, sports and many more. It is our sincere endeavor to bridge the information gap between Africa and India by endowing our readers with updated and latest developments occurring in both the countries.
How is Africa Developing in 2014 ? Report by Ernst and Young, the Africa Attractiveness Report. A #MustRead for anyone doing or wanting to do business in Africa.
Africa is home to some of the fast growing countries in the world, a wealth continent full of minerals, abundant human resources and opportunities. At the same time, poverty, underdevelopment, insecurity, infrastructure and talent gaps are high. With 54 independent States and a population of over 1.1 billion inhabitants, Africa economic growth is a paradox story. From the desert in the North through the rich mineral belts of the coastal lines and tourism savannah in Kenya to the dense equatorial forests of Congo basin, Africa’s old dilemma stays the same. The question remains, how can a continent gifted and endowed with the World’s most envied, high in demand and profitable natural resources, abundant and cheap labour market, vast arable land, tourism opportunities and favourable climate said to be the poorest?
BDB India Private Limited is a leading global business strategy consulting and market research company in India. Since 1989, BDB has been providing clients with solutions to expand their businesses in the Indian and international marketplace. We are an ISO certified company.
Ashton Global maintains long-standing relationships based on trust. We seek to be the best emerging manager platform in the world and we are dedicated to exceeding the expectations of our investors.
Ashton Global seeks to identify emerging portfolio managers that generate alpha by investing in non-traditional equities and special opportunities.
https://www.ashtonglobal.com/
https://twitter.com/ashtonglobal
https://www.facebook.com/ashtonglobal?ref=hl
Bpifrance Capital Invest 2016 - L'attractivité affirmée de l'Afrique ? - Eme...Bpifrance
Retrouvez la présentation d'Aziz Mebarek (founding Partner, AfrinInvest), lors de l'événement Bpifrance Capital Invest 2016, qui s'est déroulé le 17 novembre 2016 à Paris (Salle Wagram).
Retrouvez l'intégralité de cet événement en vidéo sur :
http://live.bpifrance.fr/Bpifrance-Capital-Invest-2016
Next generation Africa-GCC Business Ties in a Digital EconomyDubaiChamber
Next-generation Africa-GCC Business Ties in a Digital Economy is an Economist Intelligence Unit report, sponsored by Dubai Chamber of Commerce and Industry. The report explores the perspectives of young entrepreneurs and investors in Africa and the Gulf Cooperation Council (GCC) countries on building business relationships, identifying challenges to overcome and spotting opportunities that await. The report is based on extensive desk research and in-depth interviews with entrepreneurs and investors in Africa and the GCC, with a focus on millennials. The interviews were conducted between June and August 2017
Africa's Engagement of China and Other Partners to Achieve SDGs and Agenda 2063
Multi-Stakeholder Dialogue Forum Organized by – Oxfam International, Africa-China Dialogue Platform
Suggested Date: Wednesday, 28 September 2016, Sheraton Hotel, Addis Ababa, Ethiopia
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...
Africa - The Next Growth Opportunity
1. AFRICA – THE
NEXT GROWTH
OPPORTUNITY
A Roland Berger Study in collaboration
with the Afrika Verein
ABSTRACT
The African continent represents the opportunities of
tomorrow, and we at Roland Berger see strong business
opportunities being created by Africa's improving
economic strength. Mining this unprecedented potential
requires sound knowledge and a thorough understanding of
the market. That is the purpose of this study titled " Africa
– The next growth opportunity". It is aimed at top decision-
makers and investors. Its main goal is to highlight selected
economies with environments conducive for robust
economic growth, and at the same time help companies and
investors benefit from and contribute to this growth. We
aim to do it by providing an in-depth analysis of the
selected economies and the high-potential industries within
each of them.
Roland Berger
April 2017
2. 2
Africa's wealth of natural resources, demographic advantage and increasingly favorable
business environment will help it emerge as the next growth engine in the world
1. Africa: The next growth opportunity
Home to one-sixth of the world's population, Africa is a continent that global companies and investors
can no longer afford to ignore. While the growth of leading economies in Europe and North America is
stagnating and the economic miracles in Asia are facing headwinds, many investors are still only
throwing a cautious glance towards Africa.
Even today, with Africa's economic progress no longer a secret, many businesses and investors are
still apprehensive about entering the continent. Those who now continue to underestimate Africa will
be left behind. Typical misconceptions amongst investors brand the continent as a monolithic block of
poverty, disease, stagnation; in short, a dangerous environment and a market to neglect. However,
they oversee the fact that Africa possesses huge diversity in its 54 countries, thousands of ethnicities
and languages. It possesses a wealth of natural resources, with 30% of the world's known minerals,
8% of its oil, 8% of its gas resources and the world's largest diamond reserves
1
. Due to the
considerable progress that many countries have made in terms of urbanization, political stability,
macroeconomic health and business conditions, sustainable growth in Africa is the new reality. It is
also poised to become one of the world's largest labor forces, comprised largely of young jobseekers
with most countries possessing a median age of less than 20.
The African continent represents the opportunities of tomorrow, and we at Roland Berger see strong
business opportunities being created by Africa's improving economic strength. Mining this
unprecedented potential requires sound knowledge and a thorough understanding of the market. That
is the purpose of this study titled "Africa – The next growth opportunity". It is aimed at top decision-
makers and investors. Its main goal is to highlight selected economies with environments conducive
to robust economic growth, and at the same time help companies and investors benefit from and
contribute to this growth by providing an in-depth analysis of high-potential industries within these
economies.
Africa has sustained economic growth at a faster
rate than the world average. Growth in Sub-
Saharan Africa has outpaced the world average
over the past decade, particularly in East Africa
which has emerged as one of Africa's fastest
growing regions. The recent decline in growth of
the MENA
2
region is not a concern as it is driven
in part by the stagnating growth of the oil-
producing countries in the Middle East. These
regions are forecast to well-exceed the world
average growth in the near future as well. While
real GDP growth for the world is projected at
2.7% CAGR over 2016-18, both Sub-Saharan
Africa and MENA are expected to witness higher
growth rates of 3.6% and 3.3% CAGR
respectively over the same period
3
. This will put
the growth prospects in the African regions above
those of the advanced economies (United States,
EU and Japan), forecasted to grow at 1.8%
CAGR over the same period.
Source: World Bank 2017. Global Economic Prospects -
January
http://pubdocs.worldbank.org/en/9781464810169/Global-
Economic-Prospects-January-2017-Table1.pdf and
http://databank.worldbank.org/data/reports.aspx?source=2&ser
ies=NY.GDP.MKTP.KD.ZG&country=
3. 3
Africa's demographic trends are further fueling this
growth. Robust economic growth in the past two
decades has helped lift previously poor households
into the middle class category, thereby increasing
their purchasing power. An African Development
Bank (AfDB) report revealed that Africa's middle and
upper class (defined as having a daily income
between USD 2-20) grew to 39% of the population
or about 360 mn people, in 2010. This figure had
more than doubled from 151 mn people in 1980.
Moreover, by 2010, the middle class (included
floating class) had risen to nearly 326 million people
or 34.3% of the population up from about 115 mn or
26.2% in 1980, 157 mn or 27% in 1990 and 204 mn
or 27.2% in 2000. A strong middle class comparable
to the emerging economies of India and China is
crucial to the continent's economic and social
prosperity. 51% of the continent's middle class was
found to be living in the 5 countries of Egypt, South
Africa, Morocco, Algeria and Nigeria. Other countries
with a sizeable middle class (10-20 mn) included
Kenya, Ghana, Ethiopia and Cote D'Ivoire, amongst
others
4
.
Investors, recognizing the promise of countries in
Africa, are moving in to stake their claim. Between
2000 and 2015, foreign direct investment stocks to
the continent increased fivefold from USD 153 bn
to USD 740 bn. This has been driven by Sub-
Saharan Africa (excluding South Africa) where FDI
stocks in the region increased at a CAGR of
12.7% from USD 66 bn in 2000 to 396 bn in 2015,
compared to overall Africa FDI growth at a CAGR
of 11.1% over the same period
5
. The top three
investors in Africa have been the UK, USA and
France, contributing USD 66 bn, 64 bn and 52 bn
respectively in 2014. However, China has
leapfrogged most other investors in the recent past
and has more than trebled its investment in Africa,
making it the fourth largest investor in 2014. FDI
stocks from China in 2014 were USD 32 bn as
compared to just USD 9 bn in 2009 when it did not
enter the top five investor economies
6
.
With these factors favoring the continent, Africa is poised for rapid economic growth. Gains are
expected across the board in Sub-Saharan Africa as well as North Africa. With investment from and
cooperation with the industrialized nations, Africa has an excellent chance of continuing on the strong
growth trajectory it kicked off at the start of the millennium. This self-reinforcing cycle of key private
investment combined with strengthened governance frameworks and expanding domestic demand
makes sustained growth in Africa a trend not to be missed.
Source: The Middle of the Pyramid: Dynamics of the Middle
Class In Africa. 2011. African Development Bank.
http://www.afdb.org/fileadmin/uploads/afdb/Documents/Publicatio
ns/The%20Middle%20of%20the%20Pyramid_The%20Middle%2
0of%20the%20Pyramid.pdf.
Source: "Foreign Direct Investment: Inward stock, annual". 2016.
unctadstat.unctad.org.
http://unctadstat.unctad.org/wds/TableViewer/tableView.aspx
4. 4
Roland Berger assessed the business landscape of selected four countries: Morocco,
Ghana, Algeria and Kenya. A detailed analysis was prepared for each of the selected
countries and the three most promising industries within them
Roland Berger assessed the African landscape and selected four countries on the basis of
quantitative and qualitative analysis. The quantitative factors included the relative size of the
economies as well as their historical growth trends. The qualitative factors included our assessment of
the political, economic, social, and technological scenarios. Based on this analysis, Morocco, Ghana,
Algeria and Kenya were identified as the countries with the most favorable environments and the
highest potential. A detailed analysis was prepared for each of the selected countries and the three
most promising industries within them.
Morocco is one of the safest and most stable countries in the North Africa region for investors.
Morocco's strategic location supported by its FTAs gives the country access to a market of more than
one billion consumers. It has a stable economy with low inflation, high growth, decreasing current
account deficit and increasing foreign direct investments. It also has a highly competitive ecosystem
and offers a relatively easy environment for doing business. Initiatives by the Government have made
it possible to attract big players like Renault to the country.
Ghana is emerging as one of the most prominent investment destinations in the African region driven
by its dynamic economic growth, strategic location, stable democratic political system and wealth of
natural resources. It was one of the top five recipients of FDI in Africa in 2015 attracting USD 3.2 bn in
foreign investment inflow. Ongoing policy reforms to improve the business environment and beginning
of production from new oil and gas fields are fueling a renewed optimism into the country's growth
prospects. Local processing of agriculture produce and real estate construction to support the
burgeoning middle class population are further driving economic growth for the country.
Algeria is a North African giant and was the fourth-largest economy in Africa by GDP in 2015. It has a
resilient economy which is characterized by stable growth, low inflation, low external debt and high
foreign exchange reserves. It offers a direct access to a large consumer market in the North African
and European regions. It possesses some of the largest oil, gas and shale gas reserves in the world
Source: World Bank Data 2017. http://databank.worldbank.org/data/
5. 5
and also has a large potential for renewable energy generation. Algeria's investment attractiveness is
further complemented by ongoing policy reforms to strengthen macroeconomic conditions, improve
the business climate and diversify the economy to reduce Algeria's reliance on the Oil and Gas
sector.
Kenya was selected due to its robust economic growth over the past decade. Resilient to external
shocks and deteriorating fiscal and trade indicators, the economy has emerged as the East African
frontrunner in terms of the opportunities its presents to private investors. Initiatives undertaken by its
pro-investment government have improved the ease of doing business in Kenya. For example, the
planning of large-scale infrastructure projects and the adoption of a PPP-basis of investment has
helped spur private investment. Favorable demographic trends will help Kenya's dynamic economy as
employment amongst its young labor force shifts towards high-productivity sectors.
6. 82
Contact
Study Author:
Dr. Wilfried G. Aulbur
Managing Partner India,
Member of Supervisory Board
Roland Berger
Phone: +91 99 206 30131
E-mail: Wilfried.aulbur@rolandberger.com