The Rise of the African KINGs

The Abraaj group announces yet another African investment fund, one which emphasizes the following:

The sectors include consumer goods and services, consumer finance, and resource and infrastructure services in the core countries of Nigeria, Ghana, Côte d’Ivoire, South Africa and Kenya

While South Africa tends to be de facto in most continental investments, note the choice of the other four countries. Rewritten, we get Kenya, Ivory Coast, Nigeria and Ghana. Or, as was noted earlier, KINGs.

Watch this space.

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