Africa is a continent that provides the most potential for growth over the next 10-20 years. According to the World Economic Forum, Africa’s urban population is expected to more than triple by 2050. These demographic forces will lead to some of the highest growth economies in the world.
Africa as an investment destination
Geographical Focus
The Opportunity
SPEAR has access to a significant pipeline through its African network of advisors, investment committee members and executive team. SMEs in Africa are largely constrained by factors including limited affordable finance and access to international financial markets. SPEAR provides SMEs with expansion capital to support growth and create sustainable and competitive advantages that provide significant impact effects wherever SPEAR invests.
Paul Collier
Harvard Business Review"Investors who remain set in their ways may be missing a giant business opportunity if they fail to pay attention to the changes a foot in Africa."
SPEAR has chosen these countries based on:
- Team experience
- Extensive internal network
- English language
- Consistency in legal system
- Attractive demographics
- Rapid urbanisation
- Rising middle class
Sector Focus
SPEAR provides between USD 2-10 m in growth capital to consumer based businesses meeting its mission and investment strategy. Priority sectors are:
Food & Beverage
Retail & Wholesale
Healthcare
Education
The View on Africa
Ernst & Young
Significant structural reforms have occured"Our view remains that Africa's rise over the past 15 years is real; what we have witnessed has been a structural evolution rather than the cyclical change that has marked previous boom and bust periods in Africa's post-colonial history."
United Nations
African population in rapid growth"More than half of global population growth between now and 2050 is expected to occur in Africa. Of the additional 2.4 billion people projected to be added to the global population between 2015 and 2050, 1.3 billion will be added in Africa."