RALEIGH, N.C., Jan. 19, 2017 /PRNewswire/ -- After three years of planning, research, and many trips back to the drawing board, African founded, and U.S. based company, Nexo Worldwide Holdings has launched, offering a new outlook on investing in Africa.
Many strategies that have worked elsewhere have failed dismally in Africa because investors have been unable to recognize that Africa has a very different landscape and frame of reference than the rest of the world. Solomon Kamau, founder, believes that in order to succeed in Africa, truly one needs to invest with or alongside Africans. Considering the array of politics, languages, religions, and diverse cultures that are encompassed within a single country alone, it is key to work with people that transcend beyond being skilled in the art of investing. In regards to success, this is not only necessary but vital.
By being African founded and U.S-based, Nexo Worldwide Holdings provides that missing cog in the wheel. This is done by mobilizing its highly skilled team that offers over 50 years of combined experience and exposure in owning and running successful businesses within different industries in the United States and all over the world. "Africa specifically, is primed for major economic growth over the next 30 years," says Kamau. "This meshing of internationally exposed Africans and local ideas will be what unlocks the hidden potential that lies within Africa."
Our investment strategy is spread out in the key areas that we see offer an opportunity to provide value for investors as well as benefiting our fellow Africans in the process. First, Simba Precious Gems & Metals Fund I focuses on the culturing and funding of ventures within the mining sector with a huge emphasis on supply chain, sourcing, and corporate social responsibility. Next, Savanna Agro Fund I focuses on food and animal rearing. Laying a foundation for what is forecasted to be a trillion-dollar industry by 2030. Lastly, Baobab Impact Fund I addresses the lack of funding within the impact arena with an emphasis on building value through micro-finance.
Looking ahead, Nexo Worldwide Holding's outlook on Africa is one of long term investment which will play out in time as Africa evolves and matures. We look forward to introducing investors to Africa, debunking stereotypes and alleviating concerns about investing in Africa thus, raising the profile of Africa as an investment destination.
About Nexo Worldwide Holdings
Founded in 2014, Nexo Worldwide Holdings is a privately owned African established U.S-based holding company that primarily invests in Africa. We believe that the future of Africa, its development and advancement will come as a result of investing in and alongside its people. Nexo Worldwide Holdings bridges the gap between the people, races, cultures, and politics of Africa by finding opportunities to maximize on investment while mitigating the risks of operating in an emerging market.
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SOURCE Nexo Worldwide Holdings LLC