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Africa Delivers Highest Investment Returns
The current return rate on investment in Africa is more than 30%, making the continent the fastest growing region in the developing world, according to Caroli Omondi, acting Chief Executive of the Africa Trade Insurance Agency.
Mr. Omondi, addressing the fifth gathering of the African Venture Capital Association in Mombasa, compared this with the return on investment in Europe of 10 % and 15% in the United States.
Addressing delegates on turning risks into opportunities, he pointed out that with 52% of Africa’s goods exported to the European Union, the only major risk to trade was political instability which led to a heightened perception or risk.
Source: Databank Group