By Kurt Davis Jr.
Amidst a continent experiencing unprecedented levels of economic growth, a growing middle class, more stable political conditions, and favorable tariff terms from mature markets, there has been no better time to build manufacturing sites on the African continent. But this continent is vast – geographically, culturally, and politically. Mr. Davis’s piece identifies three of the most promising markets in Sub-Saharan Africa for firms and individuals to explore manufacturing-related development and investment opportunities.
Sub-Saharan Africa is ‘on the rise’. There are growing GDPs and an emerging middle class. Sub-Saharan Africans are buying more and exciting investors in the consumer good space from all corners of the globe.
Manufacturing accordingly is a ‘buzz’ word as investors imagine local producing machines that could satisfy a growing market at home and an always consuming market abroad. The African Growth and Opportunity Act (AGOA), which ensures that several products produced in over 45 African countries…
View original post 1,074 more words