Investing in Africa: The Business Case
With some of the fastest-growing economies in the world, African nations are playing an increasingly significant role in the global economy. The population is young and rapidly growing, and household incomes and consumption are projected to rise. Digital and mobile access is rapidly increasing, the infrastructure gap is closing, and Africa is primed for mass industrialization. Further, the U.S. Government has taken unprecedented steps to support investors. And with business environment reforms being made across the continent, the prospect of investing across Africa’s numerous and diverse countries is much different than it was in decades past.
Despite the wealth of opportunities, doing business in Africa continues to be associated with real and perceived risks. Institutional and infrastructure barriers, risk and reward imbalances, and high transaction costs can make it difficult for U.S. investors to find opportunities and close deals.
Prosper Africa, the U.S. Government initiative to increase trade and investment between African nations and the United States, helps mitigate those challenges. Leveraging the tools of 17 U.S. Government agencies, Prosper Africa provides investors with market insights, deal support, financing opportunities, and solutions for strengthening business climates.