Rising Stars in Africa / by Andy Gboka, Bellevue Asset Management

Africa has the world’s lowest access to power and ranks poorly on transportation and sanitation, a situation that results from decades-long underinvestment in infrastructure. This trend raised domestic production and transportation costs, which eroded the competitive advantage of the region on low wages and contributed to the continent‘s slow industrialization. Aware of these structural issues and their knock-on impact on wealth creation, certain countries initiated bold reforms that opened up new opportunities. Read the full article by Andy Gboka, Portfolio Manager BB African Opportunities HERE.