Compare Annuities  

Get latest annuity rates now

Free Pension Healthcheck  

Get a free online consultation now

Equity Bank CEO calls for investment in Africa

In a speech to the Ai Africa Investor Conference at the New York Stock Exchange Dr. James Mwangi, Equity Bank Chief Executive Officer, has stated that the vast economic potential of Africa remains largely untapped.

Dr. Mwangi called upon investors to take advantage of investment opportunities in Africa, adding that the continent was not affected by the financial crisis and economic downturn to the same degree as the West.

Dr. Mwangi went on to state that many great opportunities for investment in Africa were not well-known, and that there was great potential for highly profitable investment.

Because most economies in Africa are based on hard cash the financial crisis had a far weaker impact than in the West, but the worldwide recession depressed demand for natural resources which did have a negative impact upon Africa’s economy.

Comments (0)

There are no comments.

Leave a Reply