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DESTINATION AFRICA

 

Mustafa & Almana is an established and reputed platform for providing innovative solutions ranging from legal and business consultancy, start up support and corporate structuring advisory services under one roof. The firm, with Indian DNA and rich international experience, has a strong legacy of last 25 years and has its international presence spanning USA, U.K., UAE and India.

M&A has a very positive outlook towards the most promising and gifted content of Africa. Today, Africa comprising of 54 countries is one of the largest markets in the world. With a population of 1.25 billion, two-thirds of which is less than 35, Africa possesses the biggest development and growth potential on this continent.

Africa has 60% of the world’s arable land reserves, and just 10% of the global output. Agriculture in Africa can drive the continent’s march to prosperity, and also support global food security. Four hundred thousand new businesses were registered in Africa in 2013; and, mobile telephone now reaches 95% of the population in many places. Africa is now joining the global mainstream of innovation. The mobile banking of M-Pesa, the healthcare innovation of MedAfrica, or the agriculture innovation of AgriManager and Kilimo Salama, are using mobile and digital technology to transform lives in Africa.

The world therefore has its eyes glued on to Africa.

After having pioneered important and successful programs Destination Dubai and Destination India, M& A proudly announces Destination Africa. M&A will act as a gateway between Africa and M&A base centers of UAE, USA, UK and India.

REASONS WHY AFRICA SHOULD BE YOUR PREFERRED INVESTMENT DESTINTION

EXPECTED STRONG GROWTH

Africa is considered the next frontier for investors, future growth will depend on productivity increases and higher private investment to bridge the infrastructure gap. Africa’s growth story is not limited to the extractive industries. Consumer industry is growing rapidly with around 200 million people entering into the sector.

Banking and telecommunications are growing rapidly too, and infrastructure expenditures are rising significantly faster in Africa than in the world as a whole. Not that the growth of the extractive industries won’t be impressive.

The continent has more than one-quarter of the world’s arable land. Eleven of its countries rank among the top ten sources for at least one major mineral. Africa will produce 13 percent of global oil by 2015, up from 9 percent in 1998. For many companies, this is a future worth investing in

YOUNG DEMOGRAPHICS

Compared with other regions of the world, Africa has a much younger median age, which means African governments aren't as burdened by elderly populations and pension plans. It also means that Africa has a young, vibrant workforce.

Africa's most populous nation is Nigeria, which is about a quarter of Africa's total population. Nigeria's median age is 19 years old. Compare that with 37 in the United States, 40 in the U.K., and 45 in Japan. Young demographic is huge plus point the Africa has but the challenge with the young demographic that they should be educated and skilled.

There is a huge opportunity for the investors to invest in education sector in Africa.

GROWING INVESTMENT FROM ABROAD

Missing across much of sub-Saharan Africa are the roads, rails, ports, airports, power grids and IT backbone needed to lift African economies. This lack of infrastructure hinders the growth of imports, exports, and regional business but this lack of infrastructure is an opportunity for the investors to invest in these sectors because there is demand and the investors who will use this demand will do wonders in African economy.

The African government has a pro-business and liberal economic policy approach, thereby offering investors a business-friendly environment so that investors can invest in the growing sectors.

INFRASTRUCTURE DEVELOPMENT

Countries are no longer coming to Africa solely to extract resources. They're beginning to stay and help make important infrastructure improvements in the continent. The old story of investment in Africa was 'let us get the natural resources out of the ground and immediately ship it out, but now it is changing not only do they go to Africa and make an investment in Africa, but they're also making the additional development projects.

Sub-Saharan Africa, where infrastructure financing needs are estimated at $93 billion a year for the next decade, won’t be able to compete with other regions without roads and universal access to electricity, as well as enhanced ICT. There is huge space of investment in this sector and we are committed to felicitate investment in infrastructure sector.

LOW DEBT

Concerns about sovereign debt—the debt that governments owe—has made headlines in Europe. Countries like Greece, Portugal, and most recently, Ireland have seen their debt downgraded by ratings agencies like Standard & Poor's. The United States also faces a huge budget deficit.

Many African countries don't have the high deb rate. Nigeria, which has a debt-to-GDP ratio of only 18 percent, compared with countries like Greece and Japan whose debt-to-GDP ratio is more than 100 percent.

DIGITAL TRANSFORMATION

Digital Marketing is now really taking off in Africa and, more than ever before, it presents a transformational opportunity which businesses in Africa should meet head-on. For the past five years, sub-Saharan Africa has reigned as the world’s fastest-growing mobile region, with subscriber growth rates more than twice the global average.

The mobile phone industry contributed more than $100 billion to the region’s economy in a year alone. Africa leads the world in mobile adoption, which continues to offer the biggest cross-sectoral economic opportunities. Mobile payment networks, pioneered in East Africa, opened the wired, global economy to poor, unbanked city and rural dwellers.

DIVERSIFIED ECONOMY

African economy is finally starting to diversify itself beyond commodities, even though the development in the early stages. Africa is experiencing returning diaspora that recognizes the potential and opportunities in their own countries.

African countries are beginning to place bets on non-commodity areas where they can be competitive. And they are packaging themselves to appeal to a broader set of investors. Every country now has what are called “Investment Promotion Agencies”, which act as one-stop shops for investors, assisting with registration, taxes, and other steps to establish companies locally.

Destination Africa is aimed to facilitate investments into the continent Emirate by creating a smooth path with the government of the respective states to corporate excellence for foreign investors eyeing to do business in the region.