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African economies easily rank among the most resilient in the world. In the middle of the 2009 global economic recession, Africa was the only region apart from Asia that grew positively, at about 2%. The continent’s growth has been on an upward trajectory ever since then- 4.5% in 2010 and 5.0% in 2011.
And it will get even better in 2012. Africa is favorably positioned to become the 2nd fastest growing region in the world, and according to the International Monetary Fund (IMF), economic growth across the 54 countries of the continent will hover around 6% in 2012.
Africa is becoming an increasingly attractive hub for foreign investors in light of various economic, political and social reforms that are sweeping through the continent, resulting in a much improved business environment conducive for foreign direct investment. Apart from that, there is widespread development of critical social and physical infrastructure, and there is an increasing pool of well-educated, English-speaking, enterprising workers in most countries across the continent.
There is also a significant boost in the spending power of Africans. According to the African Development Bank, Africa’s fast-emerging middle class is now comprised of over 300 million people, and analysts from the McKinsey Global Institute estimate that general consumer spending across the continent will hover past the $1 trillion mark next year.
If you’re a foreign investor who has yet to make a foray into Africa, now is the time to step in and capture a share of Africa’s $1 trillion opportunity in 2012.
As one of the world’s fastest growing economic regions it desperately needs quality real estate. And, by seeking to address Africa’s challenges, investors and business men have to now channel their effort to one of the fastest growing area-Real Estate as a long term investment for development.
By 2040, Africa is projected to be home to one in five of the planet’s young people and the world’s largest working-age population, therefore government needs to stem into investing into the industry for future benefits.
Long-term investment – many people like the idea of an investment that can fund them in their retirement. Rental housing is one sector that rarely decreases in price, making it a good potential option for long-term investment.
Private real estate can provide significant and important benefits for a mixed-asset investment portfolio. Well-chosen portfolios have delivered attractive investment performance over long-term holding periods, providing high returns that have fallen between those of bonds and equities in the long term
The obvious benefit that comes from real estate investing comes from the money that can be made. Those who have managed to buy a home for a small amount, and sell it for a large amount see the largest profit. People will fix houses, and add to houses simply to get as much profit as possible out of the market. This benefit is generally unmatched by many other investments; you can make a lot of money by simply investing in a home. While it is hard work, it can reap large monetary benefits.

By: Samuel Mantey
Property Express


June 5, 2012 - Posted by | SETTING THE NEWS AGENDA

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