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Consumer investors need staying power and deep pockets

Image Credit: Economist

At a conference in Cape Town, Christo Wiese advised companies and investors looking to tap Africa’s growing consumer markets to be sure of their Africa strategy and then prepare to have the staying power and deep pockets to achieve their goals. The slump in commodity prices and other factors have contributed to a deceleration in the continent’s growth rate, dulling its attraction to investors for the moment.

Read more at Bloomberg…

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