Economic Growth and Sub-Saharan Africa

sub-Saharan Africa: But once they found out that country was in sub-Saharan Africa, chances are a lot of them would lose their nerve, according to Market Watch. But more fund managers and economists believe its time for that to change. With a lot of factors falling into place at the same time rapid economic growth, unprecedented political stability, and a young and increasingly middle-class population the continent could be at the foothills of a promising upturn and Sara Sjolin Markets reporter MarketWatch If a financial adviser offered her clients a chance to invest in a country that expected economic growth of 6% or 7% a year for the next two decades, chances are the clients would jump at the prospect. With the Ebola virus ravaging the populations and economies of several West African countries, and armed conflicts claiming lives in Nigeria, Kenya and other nations, Africa continually generates the kind of headlines that make Westerners uneasy. And in the U.S. in particular, the continent barely appears on investors radar screens. David Snowball, publisher of the Mutual Fund Observer newsletter, estimates that only about 0.3% of the average portfolio in the U.S. just $3 out of every $1,000 is invested in Africa. (news.financializer.com). As reported in the news.