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We have entered what I like to call a "G-Zero" world: one in which no single nation (not even the U.S.) or alliance of governments (certainly not the G-7 or G-20) possesses the political and economic muscle to drive an international agenda. In this new decentralized global order, growth isn't enough. A country also must have resilience—the power to pivot.
Posted by: The Global Small Business Blog
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Indeed. China has also been investing heavily in African infrastructure: schools, roads, agriculture etc. In addition, they managed to clinch several high profile, high value government contracts on the African continent over the course of the last 10 years.
The region definitely is on the verge of a rebirth of some kind and in my opinion this will result in a somewhat steeper rate of growth than the current 4.7 / 4.8%. Infrastructure in particular will prove to be a potentially good area for investment. Power plants, communication, road infrastructure, bridges, railroads and public buildings immediately come to mind.
There are some risks such as pockets of political unrest in some areas as well as the often onerous, opaque government regulations prevalent in the region, so it will be necessary for any potential investor to perform a thorough due diligence before committing.
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