Invest in Africa, is Priority for CFASM

9 years, 6 months ago - January 26, 2013
The statistics of a McKinsey report shows the opportunities and potential of the African continent. They note that in 2020, Africa's GDP is $ 2.6 trillion and consumer spending of $ 1.4 trillion. African labour exceed of China’s and India’s with 1.1 billion Africans employed in 2040. To enter this market, CFASM organize a second "traveling conference"

CFA Society of Mauritius (CFASM) renews its successful first African Travelling Conference held in 2011 by organizing a second on the theme 'Investing in Africa, February 22 at the Hilton Hotel in Flic-en-Flac. This was announced Randhir Mannick, President CFASM Thursday in Ebony. Prominent speakers are expected to attend the conference in collaboration with the CFA Institute.

The conference will be held on the one hand, in Johannesburg on 20 February and then in Mauritius. It will focus on investment opportunities in Africa, the relevance of the macroeconomic environment and the political leadership in the decisions of the investor. Randhir Mannick portrayed against the backdrop of the huge growth opportunity in Africa with infrastructural development support. "We see that it is appropriate to hold this event because Mauritius is positioning itself as a financial center and we want to be the gateway to Africa," said the president of the CFSAM. Africa is a land of opportunity, he noted, and it is urgent to seek growth generated by the black continent. If Maurice strategic vision to participate in the revival of Africa, however, must be present at the right time. However, conditions in the African market are complex and can pose serious challenges to investors. "The CFSAM means, Travelling through this Conference, participate in the development of knowledge in order to enable investors, traders and financial Mauritian better understand the realities of the countries concerned," he added.

Many stakeholders will be present at this conference, including Trevor Thom, a partner at African Alliance Ltd, Clifford D. Mpare, President and CEO of Frontline Capiral Advisors, Nick Padgett, CEO Frontaura Capital LLC, Lawrence Speidell, Chief Investment Officer of Frontier Market Asset Management and Wendy Addison, founder and owner of Speakout Speak-up, a coaching company. The themes will be: Operating in Africa: The practicalities; Investment Opportunites in African Markets - Potential Winners, Managing Portfolios Frontier Market; Frontier Stock Markets: A look back from 2050 and No News is Not good news. The participation fee for the conference is Rs 5000 for members CFASM and Rs 6000 for non-members.

 

Text by Le Matinal

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