Mohammad Alshereda is one of the leading voices for social change and humanitarian movements. He has been pushing everyone to invest in parts of the world that have traditionally been underserved. Now, Mohammad Alshereda is encouraging everyone to invest in Africa. This is a rapidly changing and growing part of the world. There are untapped resources and developing countries that represent major markets that could help businesses grow by leaps and bounds. What are a few of the reasons why people should consider investing in Africa?
Without a doubt, the best time to invest in Africa is now. While foreign investors have traditionally focused on other parts of the world such as Asia, Europe, and even Australia, Africa has often been overlooked. This is because there is a perceived level of risk that people associate with Africa that is simply not accurate when compared to the reality on the ground.
Numbers from the UN Conference on Trade and Development show that Africa is actually the most profitable region in the world. When compared to rates of return on foreign direct investment, Africa has the largest profit margin.
There are numerous companies that have benefited from investing in Africa already. These include companies in the oil and gas industry, financial groups, environmental groups, and more. There are several factors that have driven high profit margins when it comes to Africa, which is why it is imperative for businesses from all over the world to invest in this part of the world.
While Africa is already one of the most profitable regions in the world, the continent is not done growing. Some of the fastest-growing countries in the world are located in Africa, including Ethiopia, the Democratic Republic of the Congo, the Ivory Coast, and Mozambique. Because these countries are growing so quickly, those who decide to invest in Africa will be investing in a sustainable business model. While the markets that currently exist in Africa are still largely untapped, they will continue to grow. When this is compared to the youthful population that is present in Africa, the marketing actually going to grow more quickly than most people predict. There is also an abundance of labor that wants to work, meaning that in addition to having a strong customer base, there is also a strong and eager labor force.
These are just a few of the biggest reasons why everyone should consider investing in Africa. This is a part of the world that has historically been overlooked. Both for business reasons as well as humanitarian purposes, companies need to invest in this part of the world. This is a sustainable, winning business strategy.