8 African Countries In The Forefront For Formal Retail Investment In 2017
The year began quietly or, at least, that is the sentiment in African investment circles, but the African consumer goods and retail investment space is looking up for the second half of 2017.
The space remains relatively underdeveloped at the moment, with most shopping done at informal shops. The formalizing of the space will be vital to growth and expansion.
With private equity firms sitting on cash (and their investors pushing them to spend) and strategic investors seeing the region starting to turn the corner, activity in this space should pick up the pace as 2018 approaches with the following countries at the forefront of the discussion.
Kurt Davis Jr. is an investment banker focusing on the natural resources and energy sectors, with private equity experience in emerging economies. He earned a law degree in tax and commercial law at the University of Virginia’s School of Law and a master’s of business administration in finance, entrepreneurship and operations from the University of Chicago. He can be reached at firstname.lastname@example.org.