In an op-ed for the Financial Times (Britain), the Zambian-born moderate-conservative economist discusses why she is bullish about Africa's prospects: "Solid debt and deficit dynamics, attractive labour trends from the improving quality and quantity of young workers, and prospects for productivity gains, are the backbone of the recent IMF forecasts, which have sub-Saharan Africa poised to be the world’s third fastest growing region in 2013 and 2014, with many African economies growing above 7 per cent."
More: "Savvy investors are not only focussed on Africa’s evolving debt story; on the back of the compelling growth story, the MSCI Africa equity sub index posted returns of over 60 per cent in the last 12 months. The fact that 85 per cent of the roughly 1,000 stocks that trade on Africa’s 19 stock exchanges are non–commodities, indicate significant investment opportunities in the banking and insurance, logistics, telecommunications and retail sectors."
Dambisa Moyo Commentary: Hunt For Alpha Leads To Africa
