Africa presents a generational growth opportunity for investors with the right time horizon and tolerance for volatility. There are certainly geopolitical risks, but they are well reflected in discounted valuations for African companies. Further, risks in Africa are non correlated with risks in the increasingly expensive US market.
Africa's favorable demographics are a key component of the long-term growth thesis. According to UN projections, more than half of the people added to the World population between now and 2050 will be in Africa. While the Western world worries about dealing with a shrinking young