By Stephanie McCrummen, Washington Post Foreign Service"NAIROBI -- To a growing number of foreign investors, sub-Saharan Africa represents much more than the ethnic clashes, coups, bouts of genocide and natural disasters that have scarred many countries in the region. It represents dazzling opportunities to make money.
"If you look at sub-Saharan African markets, they've given annual returns that are substantially better than most around the world," said Ayo Salami, a chief investment officer for Duet, a London-based financial group that inaugurated its first Africa fund in December. "Even this year, most of the economies around the world are not seeing very much growth -- 2 percent would look optimistic. Whereas in Africa, it's been around 6 percent for years. One of the fastest-growing economies in the world is actually Angola, yet the perception is that it's still in a state of war.""
Complete story at "Foreign Investors Recognize Allure of Sub-Saharan Africa"
Category: Rwanda + Economy + Investment + Public Policy
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