- fertile, developing, challenging
- West Africa is now at a stage of development where the Asian Tigers were 30 years ago.
- Despite the global crisis, African countries continue to show strong GDP growth.
- Political stability is now the norm, with growth in middle classes keeping politics ‘honest’.
- Growing and young populations underpin long term economic growth and consumer demand
- Government incentives to attract Foreign Direct Investment and indigenise manufacturing
- dynamic, enterprising, leadingStrong economic growth despite the US/European economic problems
- US/Euro slowdown is forcing Asian governments and exporters to refocus on Emerging markets
- Asian governments focused on developing trade with Africa as last great investment opportunity
- Strong domestic demand enables good basis to develop into overseas markets
- Private equity style of investing relatively alien concept
- Experienced, resolute, creative uncertainty about government debt, deficits, the EURO means slow growth and consumption levels.
- Banks continue to hoard capital despite government pressure to increase lending
- SME’s are most acutely hit by the twin pressures of reduced access to capital and reduced demand
- SME’s are a critical engine of growth, employment and income generation to most economies