Friday, February 20, 2009

New Index for Investors Wanting to Tap Into Africa's Multi-Billion Pound Market Topping the index is Nigeria,Ethiopia ranks second , Eritrea the least

Star of Africa(TM) index ranks countries by investment potential
LONDON, UNITED KINGDOM - A new index, ranking each of Africa's 53 countries in terms of investment potential, launches today. The Star of Africa(TM) is a weighted index based on governance and social capital as well as Africa's electricity, water (supply, sanitation and irrigation), internet and telecommunications sectors.(i)
The index is launched by African Rainbow Consulting, which provides intelligence briefings on doing business in Africa. It is designed to help investors and entrepreneurs to establish which countries offer significant risk or opportunity for successful long-term investment.
Topping the index is Nigeria, which, despite its poor governance score, offers significant scope for improvement in access to water, electricity and ITC infrastructure. Ethiopia ranks second, based on its potential for better countrywide access to water and electricity,Somalia, Eritrea and Chad provide the least attractive investment opportunities due primarily to low scores on the governance and social capital scales.
Katharine Pulvermacher, Chief Executive, African Rainbow Consulting, comments: ..more.http://www.msnbc.msn.com/id/29251755/

No comments:

Post a Comment