‘Africa’s time has come’

The African continent’s time has finally come, according to KPMG’s John Saker. With economies growing across the continent, the wealth of mineral resources and the improvement of political stability, Africa has become one of the fastestgrowing regions in the world. Speaking at an Africa Exchange conference focusing on business trends and opportunities, particularly in southern Africa, Saker said with the African economy expected to grow around 5.8% in 2012 and a collective GDP expected to reach around $2.6 trillion by 2020 there was no denying now was Africa’s time. “Afro pessimism has gone on for far too long. The opportunities on this continent are endless, especially in the light of the rapid increase in consumer spending and the demand for urban infrastructure and services,” he said.