- Economist – Six out of Ten fastest growing economies in the World were African from 2001-2010 and the same Economist article predicted from 2011 – 2015 this would increase to be Seven out of the Ten faster growing economies in the World.
http://www.economist.com/blogs/theworldin2013/2013/01/fastest-growing-economies-2013
- The World Bank – Sub-Saharan Africa’s macroeconomic prospects remain promising. Despite headwinds, medium-term growth for Africa remains favorable. Regional GDP growth is projected to strengthen to an average annual pace of 5.2 percent in 2015-16 from 4.6% in 2014, and rise to 5.3% in 2017.
- A buoyant services sector is expected to continue to support growth in the region
- Private consumption in the region is expected to remain strong in 2015-17
- Government consumption is projected to grow
Read More http://www.worldbank.org/en/region/afr
- One of the first African countries to emerge as well managed and economically successful after independence. It has a record of continuous growth and stable government lasting nearly 30 years.
- Uganda has established itself as a stable trading center for the region re-exporting valuable minerals from its less stable neighbours such as Southern Sudan and the DRC (formerly Congo). It has positioned itself for growth in agro-processing, tourism and IT. Since the financial crisis of 2008, the economy has continued to grow at a substantial rate.
- Oil revenues and taxes will soon become a large source of government funding and wealth generation. Oil exports are due to start in 2017 as a result of finding a proven 3.2 billion barrels of proven reserves and this is already creating a sense of optimism that is beneficial to the economy.
- JV Investors – ProAfCo welcomes JV partners, with land on prime locations affordable locations. For enquiries please contact enquiries@proafco.com .
- ProAfCo’s model is to set up joint venture companies with local partners. This is a tried and tested model means that both partners’ interest are aligned are working towards the same goals.
- Cash investors wishing to invest in ProAfCo or one of its subsidiaries should is considering a release equity in the last quarter of 2015, this will be dependent on the funding requirements for projects at that time.
