Global investors are being enticed by bountiful opportunities to do business in Africa, as the continent arises. The Chairperson of African Union Commission (AUC), H.E. Dr. Nkosazana Dlamini Zuma, joined Uganda’s President, Yoweri Museveni, South Sudan’s Vice President James Wani Igga and H.E. Maged Abdelfatah Abdelaziz, Under-Secretary-General and Special Adviser on Africa, to woo delegates at the “2013 CEO Institutional Investment Summit,” held at the New York Stock Exchange, New York, to promote investing in Africa.
“Available data positions Africa as a new growth pole where returns on investments in virtually every sector- from infrastructure to ICT, and from retail, health to manufacturing – are higher than any other part of the world,” Dr. Nkosazana Dlamini Zuma told the investors. She projected that, “Africa’s population is set to double in the next few decades, its middle class is growing exponentially, it is rapidly urbanising and it has a young population.”