NEW YORK, March 13, 2017 /PRNewswire/ -- ABO Capital announced today that its CEO Zandre Campos was featured in MarketWatch discussing why it is a good idea to invest in Africa. The article titled "3 Reasons Why Africa is a Good Investment" was originally published in MarketWatch on March 6, 2017.
There are three key reasons why Africa is a good investment right now. First, there is a young and growing population on the continent that will strengthen the workforce. Second, Africans are spending a total of $4 trillion annually between consumption and investment, and that number is expected to rise in the coming years. Third, Africa's economy is strengthening and diversifying, allowing for the development of new industries, including tourism, in certain countries.
"Africa today is undervalued, with robust growth prospects in today's environment. Investors with foresight and a long-term view will be positioned to capture the opportunities ahead," said Mr. Campos.
Zandre Campos is chairman and CEO of ABO Capital, an international investment firm that invests in companies in the healthcare, energy, transportation, hospitality, technology and real estate sectors throughout Africa. ABO's mission is to create global value for developing countries in Africa, while contributing to their economic development.
Read the full MarketWatch article:
About ABO Capital
ABO Capital, formerly Angola Capital Investments, is an international investment firm that invests in companies in the healthcare, technology, energy, transportation, hospitality and real estate sectors throughout Africa. The mission of ABO Capital is to create global value for developing countries in Africa, while contributing to their economic development.
About Zandre Campos
Zandre Campos is one of the great, innovative business leaders and global entrepreneurs emerging out of Africa. Currently, he is chairman and CEO of ABO Capital, an international investment firm headquartered in Angola with holdings throughout the Globe. Mr. Campos was named one of the Top 25 African business influencers and was a recipient of the Distinguished Business Excellence Award by African Leadership Magazine. He is frequently quoted as an expert on Africa in the media and is a recurring contributor for The Huffington Post and US News & World Report. He recently addressed both students and professors at the NYU Africa House on the opportunities in Africa.
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SOURCE ABO Capital