Friday, November 1, 2019
Potential Investments in Africa Essay Example | Topics and Well Written Essays - 1750 words
Potential Investments in Africa - Essay Example From the discussion it is clear that after globalization of the world economy, entrepreneurs have enlarged their range to the global market. Furthermore, entrepreneurship paired with the ability of globalization is altering the conditions of various regions. In the same way entrepreneurship can work in the interest of Africa as it is further enhanced by a globalized economy.This paper stresses thatÃ Africa is already charming a significant amount of investment from foreign investors in the region. In fact, a study conducted by the AfDB approximates that the continent will fascinate investments of about $85 billion exceeding the figures for the previous year. This is a good sign for people looking to invest in this particular area. This includes investors from Canada who might be interested in becoming part of a growing economy in the world. Even though Africa is a growing economy has not yet counterbalanced the level of poverty in the region, investors are becoming growingly intere sted in investing in the region. There has also been a change in the point of view of Africa from being a provider of raw materials such as coffee beans to a region with a great demand for manufactured goods and services.Ã Africa has a very big population and has a very great proportion of emerging people belonging to the middle class who are a highly qualified and an educated generation but do not have jobs available or accessible for themselves.