Institutional investors: Local and international
Categories:
Africa,
Investment
Tags:
asia,
capital,
USA
Institutional investors with large capital will come from outside Africa and will boost the local investment that is happening, as John Ngumi discusses in this TV show.
Institutional investors in Africa
Interestingly, again over the last 15 years we’ve tried to generate internal resources, and it’s amazing how much of that we have.
How much if you give people an expectation of return and security of investment, the local people will find a way to monetise their assets and if you sort out the banking system and financial system and create a money economy, we’ve been able to generate a tremendous amount of money internally.
But there’s no question that for quite some time, think of us as the US in the 19th century, you’re looking at some very, very large capital needs, that will not come from internal generation. But by the same token they would come from Asia.
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