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Vote Here: Where in Africa Would You Invest?

| Wednesday June 9th, 2010 | 3 Comments

By David Abraham

Two people are sent by their company to a poor and dusty country.  When they return, they report separately to the same supervisor.  “Well, what did you find?” asks the manager of his first employee.  “Sir, the people there don’t even have shoes.  The place is just too poor for us to bother with.”  The second employee is later asked the same question and replies: “Boss, everyone’s walking around barefoot.  How soon can we ship shoes!?”

Don’t be too alarmed at my bad taste, I heard this [bad] joke from a Nigerian venture capitalist as he explained the business growth opportunities that are cropping up in places like Sierra Leone and Liberia.  So, with the first African World Cup upon us, leave your comment below to tell us where on the Continent you would put your money and why.


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  • Michael Kwolek

    E+Co has substantial investments in Africa as there is a huge underserved market there for clean energy products in off-grid communities. E+Co offers loans and enterprise development services to entrepreneurs looking to bring solar lighting, improved cookstoves, LPG distribution and other technologies to people in countries like Ghana, Tanzania and Senegal among others. http://eandco.net/investments

  • Terrance

    Anywhere you can trust people and the political situation seems like a viable investment right now all across the continent. The problem is things are so insanely corrupt and the culture so profoundly uneducated that people are afraid, understandably, to take big risks. I'd guess the best bet is in some kind of microfinance that generates small enterprise…

  • Terrance

    Anywhere you can trust people and the political situation seems like a viable investment right now all across the continent. The problem is things are so insanely corrupt and the culture so profoundly uneducated that people are afraid, understandably, to take big risks. I'd guess the best bet is in some kind of microfinance that generates small enterprise…