08 Jun 2011
Africa is most profitable area, say economists
June 8 2011 at 06:02am
By Ethel Hazelhurst
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Africa is the world’s most profitable region, says Econometrix chief economist Azar Jammine. At a presentation in Johannesburg yesterday, he cited an analysis by the University of Oxford which showed that, adjusted for risk, Africa came out “way above” Asia and Latin America.
Jammine, with Frontier Advisory chief executive Martyn Davies, presented the findings of the MasterCard Worldwide Insights report, entitled Taking Stock: The State of Sub-Saharan Africa.
http://www.iol.co.za/business/international/africa-is-most-profitable-area-say-economists-1.1080186
