Gambia Holiday News

Tuesday, November 6, 2007

African Property Investment Funds

Knight Frank has just launched its East Africa property fund having recently reported an increase in real estate value and growth in the region.

In August a £650 Million Pan African fund was launched by Pamodzi Investment Holdings

Since January 2007 there has been more than £1 Billion raised in London by private equity funds for Africa

Since June 2007 3 African funds have raised £200 Million & listed on boyh AIM & LSE

Two years ago there was just 2 African funds on the London markets, today there are more than a dozen

7 out the the worlds 20 fastest growing world economies are in Africa

6 out of the top 10 performing economies in Africa are in West Africa
Africa's overall GDP growth has exceeded global growth

Top Six Fasting Growing Economies in West Africa

Libera 13.3%
Equatorial Guinea 7.1%
Gambia 7.0%
Burkino Faso 6.5%
Serria Leone 6.5%
Cape Verde 6.5%

* Sourse IMF

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