Invest in Africa
The African continent is known as a paradise of mineral resources. The African continent has gold and diamond mines. Besides, there are huge natural and forest resources. All of the top ten poorest countries are from the African continent due to poor governance and corruption. Number one Central African Republic has a per capita income of just $656. The rest of the top ten countries are—Congo, Burundi, Liberia, Niger, Malawi, Mozambique, Guinea, Eritrea, and Madagascar.
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About the Country
Despite being a continent with one of the world’s mineral resources, Africa lags far behind in the global economy. Genocide and natural famines are behind this backwardness. Black-white fights and attacks by various militant groups are not allowing the whole of Africa to get out of poverty. Africa is the poorest continent in the world.
But the various developed countries of the present world are investing in various organizations or various business establishments of this country. New and different companies are being created. Which is leading to the economic development of this country.
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About the Video
The Department for International Trade is responsible for promoting UK trade across the world and encouraging inward investment.
The Africa Investment Conference 2022, held on 20 January 2022, seeks to further the UK’s ambition to position itself as Africa’s investment partner of choice, announced by Prime Minister Boris Johnson in January 2020.
The conference will encourage deal origination, facilitate networking opportunities, and raise visibility and UK interest in African projects within an impact and clean growth context.
It will explore inclusive, sustainable, and resilient investment opportunities and will highlight UK Government support that is available to businesses.
The conference will make the case for a strengthened, closer collaboration and partnership between the UK and Africa, showcasing emerging opportunities across the continent and UK capability and expertise. Video link.
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Conclusion
Despite the political unrest, Ethiopia and Rwanda are doing quite well in improving the health and quality of life of the people. Maybe one day leaving behind this old poverty and neglected life, Africa will also come forward in the list of the world’s most prosperous countries.
So much interest from US investors in African countries is really exciting. It is through these investors that the economic conditions of neglected African countries can be expected to improve.
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