If you’re an adventurous sort of investor, willing to take a chance on some less conventional—and definitely riskier—potential opportunities, you might want to consider taking a small stake in Africa.
Not many people realize it, but quietly Africa has become the world’s fastest-growing continent in recent years, despite ongoing geopolitical turmoil in certain regions.
According to the IMF, average annual GDP growth for all African countries in the past decade has been around 5 percent. That’s right up there with Asian countries, headlined, of course, by China. To give another comparison, per-capita income in Africa’s top 10 economies is double that of India. But because Africa is still the poorest continent, lacks political clout on the global stage, and is plagued in many areas by poverty and violence, its overall progress has been largely overlooked in the mainstream press.