Finance, Forex and Investments

What is the best approah for Africa to Create its first IPO & African Americans to invest?

Why is there not an African IPO for The world to invest in that can be an alternative to begging for money from the IMF or World Bank which place deadlines and conditions to terms of agreement that may not be in favor of its lenders! Where Is the African Presidents And The African Union on this subject when we see Europe,China ,& India economy growing from the world investors! Can these processes which is missing be the solution for Africans needed technological upgrade and infrstructural needs. Wisdom2See

Public Comments

1. There is a little thing called 'demand'. No government can force someone to purchase stock in a company! It is up to African companies to generate demand by demonstrating to potential shareholders that their company is work investing in. It is no coincidence that countries like India are thriving. They have been able to maintain a fairly stable global political standing and have shown themselves to be capitalists. Above all else they offer great value in their goods and services. I agree, it is a catch 22, how can Africa bring value without a solid infrastructure but how can they build an infrastructure without making money...
2. The solution for Africans would be to divest themselves of their corrupt governments that steal all the wealth, eliminate tribalism that dooms cooperation, and educate their people so that there are genuine opportunities for advancement, and they aren't losing the most productive members of their populations, by the millions, to AIDS. Right now, there is very little in Africa to invest IN.