Africa – time to invest
I have just returned from another trip to Africa, my second this year after two journeys last year. I hope to make two further visits later in 2012 as well – one to the Global Dairy Platform annual forum and the International Dairy Summit at Cape Town in November.
I have to be there as it is my job to keep up with the future … and the future for Africa is developing fast. Here are some compelling fundamentals:
• Great natural resources including energy, minerals and water.
• Very young aspirational population rising faster than Asia.
• Rapid economic growth and increasing stability.
• Governments recognising the mutual benefits of partnership with business.
Companies like Coca-Cola, Nestlé and SABMiller are already huge employers and have announced very substantial investments amounting to many billions of dollars.
Africa is beginning to realise it’s all too long deferred potential.