Uganda: WB Urges Investment in Capital Markets

18 October 2011

Seeking to increase capital inflows into Africa, the World Bank last week called on investors worldwide to invest in Africa and its budding capital markets industry.

This call comes on the back of a recent study by Oxford University Professor, Paul collier, which found the return on capital for over 950 African enterprises to be on the average 11 per cent higher than in Latin America and Asia, and 70 per cent more profitable than similar Chinese firms.

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