Investing in Africa Makes Your Day

Deep within Nigeria's and Africa's inundating socio-economic problems lay streams of opportunities and potential for socio-economic strengthening.



However, more often than not, a considerable majority of indigenous populations, who may be without visionary perspectives, merely bemoan the numerous challenges.


Thankfully, the inflow of human capital and financial capital from oversea territories increasingly serve to jolt local sleeping giants to action.


For instance, soon after a stream of foreign-owned firms expanded the output of the Nigerian telecommunications sector at the turn of the century, an indigenous telecommunications firm emerged to claim part of the market share.


Moreover, several cases of knowledge spillovers from 'foreign presence' in various industries are apparent in the recent development history of Rwanda, Madagascar, and Kenya amongst others.


In the light of these, foreign direct investment as well as portfolio inflows to Africa's largely untapped agriculture, energy and manufacturing sectors can create mutually beneficial outcomes for all.


Certainly, human capital in addition to physical and financial capital, whether indigenous or foreign, can jumpstart our creative juices, help us see possibilities and share prosperity throughout the planet. In this wise, win-win cooperation will always make the day, for those who choose global development first before anything else. 


#Nigeriafirst

#AfricaFirst

#sustainable development

#foreign direct investment

#businessclimate

#development

#sharedprosperity


Photo credit: Wikipedia

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