Africa’s growing consumer class is attracting the attention of investors
Reposted from The Milwaukee Journal Sentinel
By Kathleen Gallagher
To find a large number of the world’s fastest-growing economies, investors must look past Asia and South America to a less likely place: Africa.
In the United States, when a consumer buys a new car, it’s often a replacement for an older car, said Robert J. Bukowski, managing director at Alpha Investment Consulting Group in Milwaukee.
“In Africa, they’re buying their first washing machine ever, and their first car, and installing their first bathroom. That’s truly real growth,” he said. More…
