Is Africa the Next Global Growth Engine?
Finding balance between high-growth potential and risk exposure across a diverse continent.
The conversation about Africa is finally shifting from one of “deficits and risk” to one about opportunities, ventures, creativity and innovation. For companies that have paid close attention to the continent and have already made active investments, this is old news. For those who are less familiar, powerful demographic and urbanization trends and other developments have driven over half a century of YOY growth.
Some, however, will point to 2016 economic deceleration in Sub-Sharan African as cause for concern. In helping our clients understand the portfolio of risks and opportunities at high level, we wanted to offer our views on both sides with the goal of answering a common question – can Africa fuel growth for my company?