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Global Conference 2012 | Investing in Africa
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Panel Detail:

Tuesday, May 1, 2012
9:30 AM - 10:45 AM

Investing in Africa

View Slide Presentation

Speakers:

Gad Cohen, Partner, eleQtra Ltd.; Manager, InfraCo Africa

Hurley Doddy, Founding Partner and Co-CEO, Emerging Capital Partners

Brian Herlihy, President, Seacom; former Vice President for Development, Global Alumina Corp.

Kodwo Mills, Founder and CEO, Invictus Africa Group

Moderator:

Mark Chiaviello, Director, Corporate and Investment Banking, Standard Bank

For the last decade, Africa's economy has been growing 5 percent every year, easily beating the U.S., Europe, Latin America and the global average. Growth has been driven primarily by precious metals and oil and gas, but other sectors have now emerged, presenting unique opportunities. This session will focus on investment trends in Africa, with an emphasis on three of the fastest-growing sectors: consumer-facing industries, agriculture and infrastructure. Consumer sectors are growing two to three times as fast as those in wealthy countries, and with 60 percent of the world's uncultivated arable land and low crop yields, Africa's agricultural output is expected to double in less than 10 years. To handle its growing population and economy, Africa's infrastructure needs $1 trillion worth of investment in the next 10 years. Experts on each of these areas, and investment in Africa overall, will provide a unique perspective on these potentially high-yielding opportunities.


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