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Societe Generale in Africa

News

25/07/2019

What if Africa was investors' next Eldorado?

Discovering the still widely-ignored "unlisted African" asset class.

Africa offers exciting opportunities for any investor who are seeking above-average risk-adjusted returns.

Viewpoint of our experts

Marine Ledoux, Business Analyst within the SGSS International Country Supervision team, and Jean-François Marchand, Supervisor for Africa & India within the SGSS International Country Supervision team speak about Africa offering exciting opportunities for any investor who are seeking above-average risk-adjusted returns.

What if Africa was investors' next Eldorado?
Many major investors support this idea. With annual GDP growth of 4.54% since 2007, Africa and the Middle East have seen their GDP increase by USD 1,780 billion over the last decade. Growing interest in the region can notably be explained by the emergence of a middle class on this continent that was estimated to incorporate some 330 million people in 2011. Investment in unlisted assets, in particular venture capital, is benefiting from this trend. Between 2012 and 2017, 953 venture capital operations were concluded on African markets for a total value of USD 24.4 billion, according to the African Private Equity and Venture Capital Association (AVCA).

Read the full article on securities-services.societegenerale.com