Lion’s Den – Infrastructure Key to Growth

18-Jun-2013

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Brian has held positions with a variety of financial services companies, including Cantor Fitzgerald and FTI Consulting. An avid traveler and investor, Brian enjoys scouring emerging and frontier markets for hidden gems (Oxstones). Brian holds an M.B.A. with a concentration in finance from Georgetown University and a B.A. in economics and political science from Rutgers University. He also completed graduate studies in international management at the University of Oxford, Trinity College.







Key highlights from this year’s Africa Day.

  1. Keynote address given by Rwanda high commissioner to South Africa Vincent Karega
  2. Highlighting the opportunities that infrastructure had to offer, Karega pointed out that, as infrastructure was labour-   intensive, it increased the rate of employment and stimulated financing and the upskilling of labour.
  3. The free trade area in East Africa will give companies access to 300-million people [in the region]
  4. Growth in the economy is matched or slightly exceeding growth of expenditure on items like cement and other materials necessary to establish infrastructure in a country.
  5. Africa has a population exceeding one-billion people and it is well placed as an emerging market, keen for investment and growth.
  6. It has also successfully maintained an average growth rate of 4% for the past few years as a continent.
  7. World Bank reports show that Africa’s inter-regional trade is only around 10% of its total trade in comparison to about 40% in the US and 60% in Western Europe.

 

For further insight – http://www.africainvestor.com/article.asp?id=11769

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