Where this investor sees the best opportunities in Africa
Richard Okello, co-founder of Sango Capital, highlights the markets where he sees the strongest investment potential
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The useful update
- Richard Okello, co-founder of Sango Capital, highlights the markets where he sees the strongest investment potential
- Where this investor sees the best opportunities in Africa
The stakes
- For businesses, that means a vast market where they can achieve significant scale without ever crossing a border
- Specifically, he highlights the removal of a fuel subsidy that previously cost the government billions of dollars a year, and the move to allow the local currency to devalue sharply, as much-needed corrective measures
The next check
- If the story affects a decision, open the original How we made it in Africa report and the relevant official page before relying on local prices or timing
Where this came from
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Original report Where this investor sees the best opportunities in Africa
Publisher: How We Made It In Africa · Published May 23, 12:21 pm · howwemadeitinafrica.com
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The short version
Richard Okello, co-founder of Sango Capital, highlights the markets where he sees the strongest investment potential
In a recent interview with How we made it in Africa, Sango Capital co-founder Richard Okello outlined the countries where he sees the greatest investment potential
Okello points first to Egypt, which he describes as “very intentional about becoming a middle-income country”. A key advantage is its population of some 120 million. For businesses, that means a vast market where they can achieve significant scale without ever crossing a bor…
What happened
- Richard Okello, co-founder of Sango Capital, highlights the markets where he sees the strongest investment potential
- Where this investor sees the best opportunities in Africa
- In a recent interview with How we made it in Africa, Sango Capital co-founder Richard Okello outlined the countries where he sees the greatest investment potential
- Okello points first to Egypt, which he describes as “very intentional about becoming a middle-income country”
- A key advantage is its population of some 120 million
Why this matters
- For businesses, that means a vast market where they can achieve significant scale without ever crossing a border
- Specifically, he highlights the removal of a fuel subsidy that previously cost the government billions of dollars a year, and the move to allow the local currency to devalue sharply, as much-needed corrective measures
- The world’s largest cocoa producer has been one of the continent’s fastest-growing economies, averaging more than 6% annual growth over the past decade
- The practical value is the source trail: How we made it in Africa is the place to check before acting on prices, dates, availability, or local implications
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How we made it in Africa
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How we made it in Africa
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How we made it in Africa
Image from How we made it in Africa via the original article.