September 6, 2011

Business Opportunities in Africa

The Swedish foreign minister Carl Bildt has written an interesting blog-post about Africa. He says that the African economies have grown with 5 percent per year over the last decade. The continent has potetntial to grow more and faster. 6 of the 10 strongest emerging markets economies during the last decade were in Africa. Everyone knows that some countries in Africa still have big problems but during this year, there have been about 20 democratic elections around the continent.
People tend to focus on the African conflicts, but Carl Bildt says that one should also focus on the opportunities.

"IMF forecasts that seven of the top ten fastest growing economies over next five years will be in Africa - a continent of possibilities."

Source (in Swedish):