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Opportunities
Africa is open for business - Why you should invest in
Africa ahead of the rush!
Africa is the second largest continent at over 30.2 million km². It is home to
over 900 million people spread across 53 countries. Africa is one region of the
world that is usually overlooked by most international investors, yet African
equity markets have been enjoying a quiet revival, while most of the world's
stock markets have continued to stall or decline. Africa is a truly contrarian
investment opportunity.
First, its economic growth is surprisingly healthy. GDP
has been higher than the world average for eight years, and is predicted by the
World Bank to be 5.6% for 2009. Five of the world’s ten fastest-growing
economies are in Africa; Egypt was the world’s best-performing stock market in
2005.
Second, its mineral wealth is unsurpassed. Africa supplies
half the world’s diamonds, a third of its gold and more than three-quarters of
the platinum/palladium precious metals complex. It has huge copper reserves in
Zambia and South Africa. It has 12% of the world’s oil reserves. The Sirte Basin
in Libya is the biggest onshore reserve, holding 22% of Africa’s 300 billion
barrels; most future growth will come from tapping the deep water reserves off
Nigeria, Ghana and Angola.
Africa is also tackling its political problems. From
1960-1980, no African leader left office having lost an election. In the 1980s,
there was just one. But from 1990-2003, 18 were voted out of office and the
trend continues.
The image of Africa as a failing continent exists for a very
good reason. But there is a widening gap between reality and perception. The
improving situation is as real as it is under-reported. This is why we at Slic
Group continue to showcase the investment opportunities available throughout the
different countries of Africa and unveil to investors the vast potentials of the
continent.
Why there is money to be made out of Africa
Africa is
the richest continent by way of the natural resources endowed upon it. It has
greater reserves of nine of the world top ten mineral resources than any other
continent
Africa holds some 99% of the
world's chrome resources, 85% of its platinum, 70% of its tantalite, 68% of its
cobalt and 54% of its gold. Africa has vast resources of timber and bauxite.
Diamonds, too, with 48% of the world's production. copper, zinc and coltan (used
in computer chips and electronics), as well as crude oil, natural gas, timber,
coal and many other minerals and precious stones.
It has land and it has a
climate in which crops grow. It has people, eager for work and for advancement.
In other words, it has all the ingredients for a successful investment;
ingredients that are so hard to find on many other continents.
Public Private Partnership (PPP)
Africa is developing rapidly and there is need
for the promotion of Public Private Partnerships (PPP)
for infrastructural projects especially for:
- urban and regional
development projects
- traffic and transport
projects especially Railway construction and Electricity
power plant
- supply and disposal
projects
- public building
construction projects
- reconstruction projects
Recent years have seen a marked increase in cooperation
between the public and private sectors for the development and operation of
infrastructure for a wide range of economic activities.
We believe that the private sector, with appropriate oversight
and governance, is the best shepherd of Africa’s resources. We seek to empower
investors to pursue opportunities that have been identified, creating
returns on investment, jobs and economic growth.
Slic Group is a dynamic organization, constantly adjusting to the evolving
needs of its partners in emerging markets. We have been able to attain our
objectives, by the vast unflinching commitments, expert ways and professionalism
in conducting all our business relations. Over the years strategic and
relentless planning, discipline, commitment, and tenacity have made Slic Group
to become the pre-eminent specialist in high opportunity emerging markets, with
a strong presence in Sub-Saharan Africa and the rest of Africa.
Our strength lies in our
prudent management style coupled with strong government and business
relationships in African countries which give us the edge over our peers in the industry.
To find out how you can partner with us, please
contact us

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