There's like half of population in Africa doing whatever they can to reach European shores, but some still want to move and live there permanently. Go figure.Where in East Africa would you recommend?
There's like half of population in Africa doing whatever they can to reach European shores, but some still want to move and live there permanently. Go figure.Where in East Africa would you recommend?
different people have different preferences and utility functions - those who run away have no capital, seeking opportunity to survive, "rich" Europeans with capital seeking freedom and escape from being raped to support the first group - endless flow of energy in endless formsThere's like half of population in Africa doing whatever they can to reach European shores, but some still want to move and live there permanently. Go figure.
True, but would you really consider Africa if you were really rich?different people have different preferences and utility functions - those who run away have no capital, seeking opportunity to survive, "rich" Europeans with capital seeking freedom and escape from being raped to support the first group - endless flow of energy in endless forms
Africa is quite diverse.True, but would you really consider Africa if you were really rich?
Especially when you're really rich Africa is a great bet. E.g. many people in the EU have family members from previous generations who made early investments that set their families up for life. Consider those who bought entire streets or buildings when real estate was priced at a fraction of what it is now. Parts of Africa are emerging markets. Similar opportunities might be scarce in the EU/US, but you can accomplish a lot more with your money in Africa, and I believe the long-term returns could be significant.True, but would you really consider Africa if you were really rich?
Africa is Africa. I agree that there are opportunities where you can quickly earn a lot of money, but you can just as fast lose it all. Remember what happened to white farmers in Zimbabwe?Especially when you're really rich Africa is a great bet. E.g. many people in the EU have family members from previous generations who made early investments that set their families up for life. Consider those who bought entire streets or buildings when real estate was priced at a fraction of what it is now. Parts of Africa are emerging markets. Similar opportunities might be scarce in the EU/US, but you can accomplish a lot more with your money in Africa, and I believe the long-term returns could be significant.
Plus, let's be honest, the cost of doing business there can be more manageable than in Western societies.
Some investors I know who heavily backed a specific port in East Africa for 'pennies' just recently made incredible gains. Investing strategically in the right projects across the continent could lead to the same outcome. Just for fun, look at what the Arabs and Europeans are doing within the Telco space in Africa. Big money is trying to monopolize yet another continent.
Also spending a million on a house in Switzerland or Dubai will make you only modestly wealthy, but in most parts of Africa, that same figure will get you a mansion with staff.
There's like half of population in Africa doing whatever they can to reach European shores, but some still want to move and live there permanently. Go figure.
NairobiWhere in East Africa would you recommend?
as true as it can get - it's fair to say that your point is way more general, far from exclusively AfricanWe are NOT worried about the land, the valleys, the rivers, the weather, the mountains, the soil, the beaches, and the "wild" life.
Define “really rich” - I think you understand very little about wealth.True, but would you really consider Africa if you were really rich?
Nairobi is great as you can fly into Wilson private and from Nairobi travel anywhere (international/international) easily either private or in what’s basically a private air taxi service, city has a lot going for it - laid back yet youth on the rise so innovation and entrepreneurship is everywhere - I remember being introduced to the people behind M-pesa there years ago before it took off (investment discussions) - now it’s the core of nearly all regional trade.Nairobi