East Africa the 'darling of Africa'

East Africa is seen to be
the preferred investment
destination in Africa, according
to the fourth annual Rand
Merchant Bank (RMB) “Where
to Invest in Africa” report.
Regionally, East Africa is “by
far the darling of Africa.”
“Bursting with growthladen
economies, it is forecast
to grow at an average of 6.3%
between 2014 and 2019 but
could surpass this if oil and
gas activities come to fruition
sooner than anticipated,” the
report says.
Overall, confidence in Africa
is declining, with 22 countries
receiving a lower rating than in
the previous year.