Expand into Africa, investors urged

The UK, Eurozone and US economies are facing surprising competition from an unexpected source according to research carried out by AfricaTradePartners.com. With record numbers of small businesses failing to make ends meet and average household incomes falling by 7% in the last three months alone, the nation's firms could fare better by favouring any one of the emerging economies in Africa over traditional expansion targets says the trade experts. Whilst Asia has traditionally led the way when it comes to economic growth, Africa's economy is forecasted to grow at an annual average rate of 7% for the next 20 years - edging out the likes of China, India and Brazil. This makes countries like Kenya, Tanzania, Nigeria and Ghana fertile breeding grounds for business development.
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