Investing in Africa
The frontier markets of sub-Saharan Africa present growth investors with opportunities to tap the region's growing consumer class.
*Estimated. Source: World Bank
Foreign direct investment continues to rise as infrastructure funding is fueled by BRIC nations. The World Bank forecasts FDI flows to reach a record $46.8 billion in 2014.
Sources: World Bank, IMF, African Development Bank
Domestic demand and consumer spending have been driven by rising incomes, coupled with easing inflationary pressures.
Sources: World Bank, IMF, African Development Bank
The African Development Bank forecasts the middle class — those earning between $4 and $20 per day — will continue to grow.
Sources: World Bank, IMF, African Development Bank
The average annualized growth rate of sub-Saharan Africa's largest economies is projected to be 9.4% through 2016.
