Africa Rising

Africa rising

Africa is second largest continent of the world .it is also a undiscovered continent . Africa is a land of large quantity of minerals and fossils fuels .Now a day Africa have 50 percent population below 30 years , so it is youngest continent.

Despite so much mineral and fossil fuel Africa is most backward continent of world ,due to certain policies of colonial countries and after independent  conflicts and violence in Africa is main reason of backwardness. Lack of research and lack of expose to world making them backward . lack of use of resources making Africa backward ,Africa have minerals and crude oil, hydro power  but  technically backward to exploit its vast natural resources.

But due to effort by  united nation peace keeping force there is stability in some countries .Now European countries are investing in Africa .India have also invested in Africa . Indian companies are investing in several countries . India have started skill development program in some countries . Countries receiving strong investment and business interest from India includes south Africa , Angola ,Nigeria due to their high growth market ,mineral rich reserves and crude oil reserves. The resource sector ,especially oil and coal are of particular interest for Indian investors . the pharmacy care are second sector of interest from a export prospective and potential market for medical tourism. Now time is coming when Africa will be a good destination for investment.

In this way Africa is rising 

     

#Economy