Corporate and investor interest in Africa commands the attention of the highest echelons of global business. The theme of the 2015 World Economic Forum on Africa, Then and Now: Reimagining Africa’s Future, has my fellow delegates and me reflecting upon our continent’s remarkable turnaround.
Over the past decade and a half alone, Africa’s economy has grown nearly three percentage points faster than global GDP. Fuelled by an influx of Foreign Direct Investment (FDI), rapid urbanisation and an emerging middle class, African countries – including Mozambique, Zambia and Ethiopia – are forecasted to grow at a faster rate than many other emerging economies in the next five years. It’s no wonder then, that Africa sits at the forefront of many corporate growth strategies.