The food industry has been amongst the best performing sectors in Africa and has shown an average annualized growth of 20 percent in the last 4 years. Investors in Africa are slow to adjust to this reality as most of them are still focused on finding the next oil field or securing the next plot of arable land. Silk Invest is launching its African Food Fund because investors are much better off investing in food companies that service the local consumer rather than investing in commodities or farmland.
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Interviews
Olusegun Obasanjo
“The reason I am‘re-inventing’myself as an investor... is because I was on the other side when I was in government. During that time I tried to create a conducive environment for investment into Nigeria, knowing fully well that you cannot talk of development and growth without investment”
Andrew Mitchell
“Ninety percent of all jobs around the world are created by the private sector, not governments”
Siegfried Russwurm
“Africa has grown into a focus area and the best proof is that the whole board has convened in South Africa to get a first-hand impression”
Adji Otèth Ayassor
“Our plan has been to attract investors by improving our business climate, making it easier for commerce in the country”
Stephen Chan
“Many countries are going through the protocol of holding an election... but the actual conduct of elections is not legitimate in itself”
