Investing in East Africa remains an attractive option for people who want to see their dollars go a little bit further. Though most people won’t think of African when they consider possible investments, there are many reasons to re-think that position. Specifically, areas like Rwanda, Uganda, and South Sudan are places overflowing with possibility. The key for any investor is finding an opportunity with tremendous growth potential. Those who choose to invest in East Africa in 2011 will find exactly that. Here are some benefits to investing in this part of the world.
Untapped natural resources provide growth potential
One of the best things to know about investing in East Africa is that you will be investing in a place with much room for growth. Agricultural possibilities abound and the area is full of minerals. This means that development is a distinct possibility in these regions, and more industry should be moving in. Though it may seem difficult to see, potential exists for widespread economic expansion.
Getting in on the ground floor
One key to investing is getting your capital in on the ground floor. All too often, investors want to see a sure thing before they will throw money at something. The problem with this is that by the time you see a sure investment, the opportunity for growth has long passed. Some risk is necessary for growth potential, and East Africa provides a place where individuals can get their money in very early. For those who want to diversify their investment portfolios, this is the perfect opportunity.
International involvement improving conditions
One of the barriers to growth for East Africa has long involved a lack of cooperation from other nations. Today, these walls are being knocked down. The United States and other prosperous nations are working to establish positive trade conditions that will allow for greater African growth. These countries want Rwanda, Uganda, and their neighbors to succeed and develop. This should help move the process along more quickly.
The goodwill factor
One of the most overlooked benefits of investing in East Africa is the positive impact that you would be making on a desperate region. Not only will investors reap certain rewards for themselves, but they will also take heart in the fact that their investment dollars are significantly improving the lives of people in Africa. This “soft” benefit should be something you consider whole-heartedly.
When thinking about your next investment opportunity, consider investing in East Africa. Countries like Ugandan, Rwanda, and Southern Sudan are emerging countries that can benefit from foreign investment. Local governments and businesses are ready to work with foreigners to help create new opportunities within their home countries.