Interview with award-winning producer Carol Pineau: “Investment in Africa generates tremendous returns”
Investment in Africa generates tremendous returns, says Carol Pineau in a new movie called Africa Investment Horizons. This new movie on Africa’s business opportunities, produced by Carol Pineau, director and producer of the award-winning documentary Africa Open for Business, shows that Africa may be the next untapped investment destination. The documentary shows the tremendous gains being made in Africa’s vibrant emerging markets and proves one surprising fact – that the highest rate of return on direct investment is found on the continent most people think of as an economic wasteland. "With the current U.S. economic downturn, investors are looking for new markets. Yet few know that Africa boasts more than 20 stock exchanges, some of the fastest growing economies, and the highest rate of return on direct investment in the world. Big investors have been investing in Africa for more than a decade, but most have kept quiet about the astonishing returns – until now.", she adds in this interview held on the sidelines of the African Development Bank Annual Meetings in Maputo, holding in Maputo, Mozambique, from 14-15 May 2008.