According to Mark Mobius, Africa could represent a tremendous
opportunity for investors in the next few years. The continent is well known for its wealth of natural resources, much of it barely developed, which includes oil and gas and a variety of metals and minerals, as well as huge tracts of agricultural land
As global demand for commodities continues to grow, we believe Africa is in an enviable position with its vast resources, not only minerals but also food—60% of the world's uncultivated arable land is in Africa...
China's burgeoning economy is demanding more and more natural mineral resources whether it is oil, copper, nickel, gold, and so on. Looking further into the future, the demands of China's more sophisticated diets means that imports of food will be increasing as well