KMPG’s Head of Strategy, Tim Bashall on Investing in Africa, in African Business Review
NORWICH, England, May 23, 2012 /PRNewswire/ –
In 2012-13 alone, the continent is expected to grow by 5 percent and it is estimated
that Africa’s GDP could be US$2.6 trillion by 2020…we ask an expert for the inside view
As a continent, Africa is of course diverse, with individual countries performing
economically with different levels of success. There are however significant business
opportunities across the continent, driven by an insatiable demand for Africa’s resources,
a rapidly growing population with an unprecedented rise in consumer demand and the related
infrastructural development that is urgently required in all areas.
African Business Review asked global professional services giant, KPMG, for the inside
view. The company’s Head of Strategy for Africa, Tim Bashall, reflects on these
mega-trends shaping Africa’s future…
“Globally, business is recognising Africa as a high growth region of enormous
investment potential,” says Bashall.
“There are two mega-trends shaping ‘investment hungry’ Africa – the limitless global
demand placed on Africa’s abundant resources and the consumer-based demand within Africa
resulting from the rapidly growing ‘one billion plus’ population.”
Read the full article at:http://www.africanbusinessreview.co.za
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