The McKinsey Global Institute Report titled "Lions on the Move: The Progress and Potential of African Economies" (http://www.mckinsey.com/insights/mgi/research/productivity_competitiveness_and_growth/lions_on_the_move) provides an insightful chart on Africa's capital inflows on pg. 54. Note that the low in Foreign Direct Investment was in 1990. The major high was in 2007 marking a 17 year bull market. Although not on the chart, 2011 was significant as the beginning of the European Debt Crisis. Going forward, 2016 is standing out as a major turning point due perhaps to the Debt Crisis landing fairly and squarely on the shores of the United States.
"JOHANNESBURG- Norway's $680-billion sovereign wealth fund is looking at Africa with interest as it seeks to take advantage of the region's rapid growth and diversify its portfolio, a senior official said on Wednesday.
The world's largest sovereign fund has investments in Egypt, South Africa and Morocco but sees opportunities in other African countries, though their capital markets are still developing, Deputy Chief Executive Trond Grande told Reuters.
"Other African nations are improving their capital markets. You see that growth is high there," Grande said. "They are of interest for this fund as well, as we're trying to be as globally diversified as possible."
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