Why Invest in Africa? The Big Picture

Port of Mombasa, Kenya

While the last couple of years have been tough for African equities and currencies, we believe the long-term case for investing in Africa remains intact. The worst commodities bust in a generation, the strengthening of the U.S. dollar and indigestion in frontier and emerging equity markets have left many African stocks trading at valuations not seen in years.

However, Africa is still at extremely low levels of per-capita economic output relative to the rest of the world and is still in the very early stages of its long journey to becoming a middle-income continent. While the decline in commodities prices has applied the brakes to growth in the most resource-dependent African countries, we believe the continent remains on a multi-decade upward trend.

Read more: Africa Capital Group LLC Why Invest in Africa? The Big Picture – Africa Capital Group LLC