‘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.