I’m an American living in the UAE. One of the best parts about living in the Middle East. I’ve been to South Africa, Egypt, and Kenya. It’s ok if people don’t want to invest in Africa because I will. It will be more opportunities for someone like me.
@shotelco2 жыл бұрын
Yep. I originally subscribed to Nomad Capitalist 8 years ago when he had 7000 subs, but un-subbed a few years ago. I do check in here once in a Blue Moon. In the past I added a few comments about my experience in Africa (Morocco and Tanzania primarily), but NC's subscribers are 98% "Westerners" - and Andrew has openly admitted to this: "Romance Novel daydreamers" . They view Africa with disdain, and even worse, a Colonizer mindset. As you know, working and investing in any of the 54 African Countries is not for the faint of heart. Its hard work, and only a special few - especially from the Diaspora - ever get there. But, I have estimated at least 100,000 American Diasporans have relocated to Africa over the past 5 years - mostly to West Africa (Ghana/The Gambia/etc.). For me, at the end of the day, it's not so much about attempting to transplant Western Cultural Capitalism to Thee Continent, it's about how at peace we are when we are there. There is no greater _Wealth_ than that. Good luck my Brother, and Peace be upon you and yours.
@MisterSpeed689 ай бұрын
I live in the UAE too and formed a company with a Liberian friend , lots of opportunities there for sure
@stevenbeck72822 жыл бұрын
I have been involved in development in Africa for many years and part of that has been supporting social enterprises. You are right that in many counties it is so wide open that even something as simple as a pizza joint (that actually makes good pizza) can have fantastic returns. The part you missed is the real need to have a local partner if you are going to do anything on the ground. The nuances of local culture and the trust needed to success with any deal in Africa really requires those kinds of connections. If you have them the sky is the limit. I have seen apartments built in second and third cities in countries like Senegal get 20% yields and up.
@falcon1272 жыл бұрын
VERY GOOD POINT!
@incogb66962 жыл бұрын
:)
@brightpage10202 жыл бұрын
Agreed. There are some phenomenal businesspeople in Uganda as well.
@JonathanWrightZA2 жыл бұрын
You also can't be squeamish about bribes. Africa works in a certain way, and like no other. You want to succeed in Mozambique? You need to bribe the traffic officer just to not pay the fine for not having a drivers licence that he conveniently lost in his pocket. Give him a 2 litre coke, and licence magically appears! Be subtle of course, lest he accuse you of trying to bribe him.
@Ezekiel454 Жыл бұрын
Hey is there anything like nomad capitalist that focuses on African countries taxes and relations.
@Milestonemonger2 жыл бұрын
We lived in Egypt 🇪🇬 they are super friendly and welcoming. I recommend it if you are adventurous, patient and open-minded. If you're planning to do business there, be very vigilant and trust no one, everyone there will try to con you.
@alaskanwhiskey2 жыл бұрын
That's anyone in the world even in the usa.
@mattball70742 жыл бұрын
Import all their food and energy.
@jillybe18732 жыл бұрын
For women who loved being publicly fondled
@pinetworkminer8377 Жыл бұрын
@@patienceisalphaDo you think Morocco and Russia(after the current ongoing war) are better options than Egypt?
@IzzAldin-t9o2 ай бұрын
I am an Egyptian who was born and has always lived in Italy, I studied optics, IoT and indormatics, I am a graduate in business administration and I am designing a Smart Glasses with the knowledge acquired, and it will be one of the many products that will be part of my company of Optics, in addition to ophthalmic lenses. I have no intention of doing anything either in Italy or in Europe, I thought about returning to Egypt to set up this company but by studying various data, to date it seems that there are better countries for a combination of low personnel costs, ease of doing business and which are close to Europe for exports, and are Georgia, Morocco and Jordan. I saw that Egypt has a high tariff and infinite bureaucracy for exports
@elonmusk98692 жыл бұрын
I recently spent 2 months living in Tanzania, it was great. Spent time in both Dar es salaam and Zanzibar.
@crispy41022 жыл бұрын
I was in Africa for a couple of months almost 30 years ago -- Kenya, Tanzania, Zimbabwe and South Africa. Beautiful places, beautiful people. Everybody was so welcoming. I'd love to go back to see how it's changed.
@jamesndlovu91182 жыл бұрын
We are doing great in Zimbabwe.....
@JonathanWrightZA2 жыл бұрын
I'll save you the trip: Only visit Cape Town and the Western Cape in general if you come to SA. You can tell where the provincial boundaries end and ANC controlled areas begin.
@MoeketsiMoseme3 ай бұрын
@@JonathanWrightZAit's funny how Johannesburg is still most preferred in SA under Gauteng run by black person so stop your racist rhetoric is discusting Cape town is in Africa it's president is a Black South African
@JonathanWrightZA3 ай бұрын
@@MoeketsiMoseme I have had more electricity, better roads, and water actually comes out of my taps. What you got Brah? Not water or paved roads 😂
@PatriciaAQ2 жыл бұрын
Investing in Africa ( well, depending on the country) is not for the faint-hearted but will rightly reward the resilient ones as the possibility of having astronomical ROI can’t be ignored, especially south of the Sahara, which has immense potential due to its great need for various infrastructures.
@Mahogany132 жыл бұрын
I would definitely love to learn more about various investment opportunities in Africa!
@nomadcapitalist2 жыл бұрын
Noted. Thank you.
@Maruwasa2 жыл бұрын
you should
@ajinamaia42622 жыл бұрын
I would love to hear more. Especially places like Tanzania, Rwanda and Uganda.
@theworldviewers35862 жыл бұрын
Rwanda is a ticking bomb!
@brightpage10202 жыл бұрын
I vote Uganda. The university in Mbarara is highly underrated. A lot of biotech coming out of there. Great investment long-term, perhaps?
@yfcdhcghgghxg70082 жыл бұрын
I'm very interested in investiment opportunities and visa opportunities in africa, id love to see more content on this
@frankmiller51972 жыл бұрын
Having been to Tanzania twice, can say that it is very underrated. If I could I would live and invest there. As a retiree, I can go there, but not sure if I would be allowed to invest. I'm not African American, but believe that the current president is doing all the right things and would be proud to be called a citizen....Just saying.
@Nonpeon2 жыл бұрын
The former President Magufuli was assassinated for refusing the vaccine and the new female President took it on camera to avoid the same fate. Something's afoot with Western Big Pharma. Kick Big Pharma out and I'm in..
@BucknerFamilyTravels2 жыл бұрын
Are you from the USA?
@jambatvee380310 ай бұрын
I’m Kenyan but in my opinion TZ will be a giant in a few decades. Prez Suluhu is doing a great job attracting business in TZ. They now have a portal where you can easily find details on how to set up business and immigration requirements. It’s a massive country with plenty of natural and wonderful people, as long as you respect their culture and norms…and speak Kiswahili
@shaduwy5 ай бұрын
@@jambatvee3803Good Luck. Clearly you have lived in Tanzania
@masaru15392 жыл бұрын
Would be keen to hear more - particularly interested in Rwanda, Ghana, Egypt and Namibia.
@melodymarks11502 жыл бұрын
I would love to hear more about Investments in African countries
@DragonBallCrypto2 жыл бұрын
I would love to know more about investments in Africa and also more about what’s going on in the specific countries that were mentioned in this video. Definitely love an update or part 2 to this. Thanks again for the content 🙏🏾
@nomadcapitalist2 жыл бұрын
You might like this video kzbin.info/www/bejne/opzFiJJsYtJ4oZI
@stevencarroll42502 жыл бұрын
Andrew, great insights. I worked in Burundi last year for 4 months. It was my first experience living and working in Africa (I have traveled to many countries for safari, vacation, etc.). Burundi used to be part of Rwanda during the Belgian colonial period and split during independence in 1962. They are ethnically similar with the same languages. Burundi seems to be decades behind Rwanda. All the young smart people who could not get to Europe or North America were going to Rwanda. Most imports and higher end labor in Burundi came from Rwanda. Of course management level at hotels, businesses and restaurants all came from Kenya. Rwanda is a sweet spot cheaper than Kenya and well developed. I think the difference between Rwanda and Burundi is political, Rwanda is much safer and more stable. Burundi is still run by the military. The road to Kigali from Burundi is like this : in Burundi it’s beat up with pot holes, once you enter Rwanda it’s smooth like in the West. I could not visit Rwanda last year as all borders were closed due to Covid19, normally Kigali was only a 4 hour drive. Kenya is relatively most developed in Central Africa. South Africa, Nigeria, the security is terrible so hard to consider when you need an armed guard 24x7. Botswana yes security is good and travel business strong. Zim can be considered for the adventurous, great safaris at half the price of BOT.
@my0.02cents2 жыл бұрын
With respect to Nigeria it depends. Abuja is a world class city Lagos is a nightmare. South Africa cape Town is amazing. Joburg it depends. Just like Mexico is now a kidnap heaven. Kenya in EAST AFRICA not central is vibrant but corruption holds it back the statt-up scene is hot. I have several investments in YC and A16z backed companies. Depends on your hustle really
@AshleyOliviaDaCosta2 жыл бұрын
Epic pro tips. Thank you.
@thandisilec8355 ай бұрын
You’re talking nonsense, and clearly know very little about the continent. South Africa is the most developed country on the whole continent and quite safe politically and business wise, no insurgency or terrorism and goal breakdown of systems as you have in Nigeria and Congo. South African has an open market system and some of freest media on the world. South Africa has regular criminality due to it Ma high inequality but this is not any more than what you’d find in NYC…house break ins, armed robberies and car hijackings, no terrorism
@deli01782 жыл бұрын
Hi Andrew! Please make more videos about Africa. Would love to hear more. Thanks
@nomadcapitalist2 жыл бұрын
Hi Matt! You might like this video kzbin.info/www/bejne/opzFiJJsYtJ4oZI
@jemal992 жыл бұрын
The hyper inflation alone will destroy any monetary gains made in most African countries. Secondly, most African countries have huge shortages of foreign reserves which makes it close to impossible to import goods and services. Thirdly, there's been plenty of cases of banks in kenya and even in ivory coast losing client accounts and money. Lastly, the bureaucracy in Africa is far more frustrating and ridiculous than anyone can imagine.
@godnestgodest6265 Жыл бұрын
How are the Asians and Arabs making billions in Africa??. Change your mindset 😅😅
@hpaulbryant7292 жыл бұрын
Thanks for addressing Africa. I have been to Nairobi twice this year, and will go again in October. I love the Country. I am a fairly tech savvy Lawyer, with a strong background in business and construction law. However, I do not see myself practicing law in Kenya. (Practicing law anywhere is a lot of responsibility.) I could see myself using my capital and partnering with a local to invest in an african business or local real estate. It would be a grand adventure!
@jamesndlovu91182 жыл бұрын
When you look to the south do give me a shout....am based in Zimbabwe 🇿🇼.
@sweetcanary30062 жыл бұрын
Thanks for talking about Africa and Morocco which I asked for - wonderful job !
@IamChevalier2 жыл бұрын
For me, I would welcome to learn more about Morocco. I've investigated opening a company in Morocco - fairly straight forward and not expensive. They also - if memory serves - a type of Visa that would correspond to the company model. The talent there is good - hiring employees in the range the 2-3K EUR p/m provides an above average lifestyle for them. I would love to learn more about residency and some of the nuances of operating a business / company in the country.
@harrisjm622 жыл бұрын
I'm in Morocco now. Residency was relatively easy. It requires a statement about where you reside, your income, and a criminal check. Thats about it if memory serves me well. Morocco is a closed currency though and this has huge effects on its payment system. For example, paypall does not convert to MAD. Its impossible to send money from paypall into Morocco. Furthermore, you need a specific kind of bank account to do online transactions above $1,000/year which is an incredibly small limit for online shopping.
@IamChevalier2 жыл бұрын
@@harrisjm62 - The currency issue is definitely a problem. No worries about bringing currency into the country - the issue is getting it out. If I recall, the 'limits' are for Moroccan citizens - FGN nationals are not restricted as much (might be mistaken) - I know citizens have a max annual travel budget +/- 4K EUR. I don't bother with PayPal for any FGN txns - even IF they operated in MAD - they would rob you blind in FX - I use Wise (TransferWise) and they have great FX - also, the funds actually show up T+1 or T+2 depending on the time of day the remittance is initiated.
@TheSchiffReport2 жыл бұрын
@@IamChevalier that limit was recently increased to 10K Euros a year
@thatotaunyane4152 жыл бұрын
I’m from Botswana and it’s rapidly developing however there’s still a lot of things we don’t have if I had the capital I’d implement 90% of American ideas or businesses and I’d be 100% certain that I will become a multi billionaire.
@YenkoAfrica2 жыл бұрын
Togo would certainly be on that list if they would simply add and make English a priority in the public school systems. Togo leads Nigeria with annual port volume and it is the only deep-water port in all of West Africa. Togo also has an easy method of setting up a business online and does not require you to form fake paper-only partnerships with locals. Nor does Togo require you to pay enormous deposits to the country before setting up operations.
@ericpowell43502 жыл бұрын
It's a francophone colony. English isn't and won't be an official priority.
@YenkoAfrica2 жыл бұрын
@@ericpowell4350 Togo is an independent country that is a former colony of France. They are free to introduce whatever language they choose to introduce. It is in the nation's best interest to train and prepare its youth to speak the official language of international trade and business. Every country that thrives globally has a workforce that speaks English and trains its young people to speak English. ✌🏾
@proudlyafrican62402 жыл бұрын
Not for long anymore..Have you not heard of the Lekki Deep Seaport coming up in Lagos Nigeria?
@ericpowell43502 жыл бұрын
@@YenkoAfrica You really think the former French colonies aren't still "colonies"? You still have much to learn.
@marktevault572 жыл бұрын
NoGo on Togo
@lionhearto62382 жыл бұрын
great info and vid. hope to hear more as well.
@GrantLaCorte2 жыл бұрын
Very interested in more content like this Andrew, thank you. I am heading to Kenya and Egypt this year for work and will be scouting during my time there.
@buzzlamicjihad2 жыл бұрын
No Wakanda?
@guilhermesalesferreiradaco29342 жыл бұрын
Yes I would like more content about Africa. In fact not just about Africa but also other parts of the world for people with a stomach like Central Asia as well as what they're doing to become more competitive
@notaryloansigningagent53232 жыл бұрын
Awesome 👍🏾Video. Please do more videos like this...more in depth.
@fabiogoncalves97282 жыл бұрын
We render our services in 3 african countries (allocating aviation manpower and remotely managing their contracts, among other services). Biggest problem have been sanitary and especially draconian/bureaucratic banking regulation (it looks a bit like what it was in Brazil during the 70s and early 80s)...
@last_samurai66902 жыл бұрын
Are you hiring by any chance? Sounds like a cool job
@johnnyprice61412 жыл бұрын
Absolutely. I’d love to hear more of the analysis of these markets. Thanks for this video nomad .
@hermanhaertner46142 жыл бұрын
What about Namibia which is a relative new country just like Botswana its neighbor. Seem to have some good infrastructure in place already from German occupation like Botswana from English occupation. Lots of OIL, GAS, and Uranium activity in Energy sector in last couple of years. Not sure about residency.
@stevestevens5022 жыл бұрын
Namibia has the best road infastructure in Africa and beats some of the top western countries in that category....however 1 thing that is concerning about namibia is that its one of the first African countries to sign up/agreed to roll out first the WEF 'health' pass, which will also lead to CBDC...I may be wrong on this but i remember reading this somewhere...that is worth investigating before thinking about namibia....it is a beautiful looking country otherwise
@hermanhaertner46142 жыл бұрын
@@stevestevens502 good to know...
@kennethjordon47089 ай бұрын
I’m interested in hearing more about investing on the ground in Ghana, Accra and Kumasi. There seems to be many opportunities there in many types of businesses.
@millimunatti2 жыл бұрын
Love the tech space in Kenya and just to let you know, Kenya's internet connectivity is much better than India.
@dennboy1236 ай бұрын
A video about Africa is much appreciated. No need to “translate” your other videos to suit Africa’s case. I can attest to Kenya (Mombasa and Nairobi) and Uganda (Kampala and Hoima).
@Darnell2 жыл бұрын
I would love to hear about more investment opportunities in Africa, especially Nigeria 🇳🇬, Liberia 🇱🇷 & Sierra Leone 🇸🇱-the latter who granted me citizenship (via DNA 🧬 test albeit it’s classified under “citizenship by descent” by the government). With the exception of Nigeria 🇳🇬 (I have been there 3 times already), most countries seem to be more “hands on” instead of virtual. If you are building an Internet company then Nigeria 🇳🇬, Ghana 🇬🇭, Egypt 🇪🇬, Kenya 🇰🇪, & South Africa 🇿🇦 are where it’s at.
@nomadcapitalist2 жыл бұрын
You might like this video kzbin.info/www/bejne/opzFiJJsYtJ4oZI
@Darnell2 жыл бұрын
@@nomadcapitalist Thanks!
@proudlyafrican62402 жыл бұрын
Really very good video on Africa..Thanks Andrew for showcasing Africa…🙏🙏
@musavillarin61022 жыл бұрын
You should do more videos about Africa
@stiftek2 жыл бұрын
Great video Andrew. As always!
@nomadcapitalist2 жыл бұрын
Thank you.
@nkwebikarome47642 жыл бұрын
Hey i am huge fan of yours...I am from Botswana still in varsity Your are an inspiration for me the way you tackle business world
@mattball70742 жыл бұрын
Tanzania is interesting for me
@silasmoser3012 жыл бұрын
More Africa content, please!
@ericpowell43502 жыл бұрын
FINALLY! Thank you, Andrew!
@chafundiforni02 жыл бұрын
I'd love to hear more about Africa over here. It's the cradle of mankind, and I feel like it's the final frontier of the world (economically speaking), and has a lot of potential: young labor force, natural resources. The only thing in the way is the political instability, but it's slowly getting better as a whole
@babulah84472 жыл бұрын
Cradle of mankind? You are misinformed. Dr David Reich and team have thoroughly debunked that myth through their DNA research. From another perspective the Mayan calendar charts 25,000 year cycles. Coincidentally, the Earth completes one galactic orbit every 25,000 years. Time to think...
@noritajewelrybox71402 жыл бұрын
Please Andrew would you clarify how one could buy real estate in Thailand if one is not Thai? Also in your previous video about best African country you mentioned Morocco, however you didn't mention Moroccan capital controls... N.B Please speak a touch slower as your information is deeply appreciated.
@Useless_Knowledge072 жыл бұрын
Hit the thumbs up!
@unknown-user2 жыл бұрын
Real estate in Morocco is not cheap - actually it’s more expensive than Europe compared to GDP output.
@blockavelli2 жыл бұрын
Your obviously spying on me 😂 great video Andrew!
@thenigerianfile2 жыл бұрын
Thank you for putting this out there.
@hughjass10442 жыл бұрын
Jumped at this video the instant I saw it! Africa fascinates me!
@Cyber-Shaman Жыл бұрын
definitely interested on more info in africa
@sanoranddixon1722 Жыл бұрын
I’m Liberian and I’m very interested in this topic please talk more about this
@ambitecturous47412 жыл бұрын
Please feature IT infrastructure and B2B service investment in Ghana.
@D2thepap2 жыл бұрын
Interesting video you didn’t mention ghana 🇬🇭 much !
@proudlyafrican62402 жыл бұрын
This one is for the big boys like Nigeria, South Africa etc..Maybe there will be another video for featherweights like Ghana later
@D2thepap2 жыл бұрын
@@proudlyafrican6240 hahaha I hear 👂 you 😂
@proudlyafrican62402 жыл бұрын
@@D2thepap 😂😂😂😂…You know already I’m a Nigerian…Jollof war between Ghana and Nigeria won’t end soon…Stay winning brother Of course Ghana is the next best destination in West Africa after Nigeria 😉
@D2thepap2 жыл бұрын
@@proudlyafrican6240 haha yes bro you know the Ghana 🇬🇭 jollof is on point, I do come to Nigeria every now and then also looking at business there . Ghana 🇬🇭 is tryin we need to do more to make it investor friendly though
@legendaryking9132 жыл бұрын
@@proudlyafrican6240 Ghana was the 6th best place to invest Nigeria isn’t even top 10
@bieddruhuggyfalsaperla54472 жыл бұрын
I clicked on Nigeria but only heard like a sentence about it. What is your verdict on Nigeria Andrew? And what cities?
@proudlyafrican62402 жыл бұрын
Lagos is obviously the choice destination for most foreigners..Abuja is more like an administrative city but it’s better planned and less chaotic than Lagos..Then you have other places in the South that you may be interested in..
@bieddruhuggyfalsaperla54472 жыл бұрын
@@proudlyafrican6240 🤣😂🤣 All my Nigerian friends are from Lagos, but they tell me it's so dangerous they can't even let anyone know they're going back home to visit until they're already safely there. That's why I was asking Andrew for his suggestions.
@proudlyafrican62402 жыл бұрын
@@bieddruhuggyfalsaperla5447 The last people you want to talk to about Nigeria are Nigerians abroad..They want to justify the reason they left Nigeria so they will make it seem that they are hunted by aliens in Nigeria any time they go home..Some of them live in Philadelphia USA where plenty murders occur everyday but they will make it seem that everyone in Lagos is marked for death..What am I saying? Lagos and Nigeria got issues..just like other cities/countries..There are some areas of Lagos/Nigeria that I won’t advise you to visit just as there are some areas in US I won’t advise you to visit..For more context and balanced views, check out Tayo Aina and Wode Maya KZbin Channels for more African contents..Don’t listen too much to most Nigerians abroad..Some just want to paint the country black…
@bieddruhuggyfalsaperla54472 жыл бұрын
I guess Andrew doesn't get to respond to comments🤔 Well hopefully at least his staff reads them and takes note to respond to in future videos since Lagos is too dangerous. I'd really like to hear from him if there are any safe places for foreigners other than the ones attending Ibadan University.
@proudlyafrican62402 жыл бұрын
@@bieddruhuggyfalsaperla5447 Agreed..but Andrew doesn’t know Nigeria as much as a Nigerian who is objective and honest about the challenges and opportunities in the country..Except Andrew has an office in the country or partners with some high quality organizations in Africa, he will only rely on what the big multinationals say..some of those only present views that will match with their bias…Again, I am not sure what resources Andrew has in Africa but I doubt he has even visited the continent
@TheHumbleSniper7182 жыл бұрын
I’d love to hear you talk more with people on the ground making investments in Africa. Thanks for the great content as always.
@TheSchiffReport2 жыл бұрын
I bought farmland in Morocco I pay zero taxes a year ...I am planning to buy beach property next and build a container vacation rentals ...overall I am very happy , also being close to both Europe and America
@nigelc33582 жыл бұрын
👍🏿👍🏿👍🏿 Really like your open minded attitude. You give the pros and cons of different countries. Very educational. Keep the information coming.
@imageadvisorsinternational79352 жыл бұрын
It is about time...
@missjammehvishishdoll59072 жыл бұрын
Good advice.
@vjay66672 жыл бұрын
Nigeria is a great place to invest. It is a freer market that USA. There is a lot of wealth in the country and numerous opportunities for those willing to take the small risk. Example areas are agricultural, tourism (obudu cattle ranch in calabar has been abandoned by the government due to lack of vision and will and it is a ripe target for acquisition for someone with a few million dollars to spare), real estate in cities like onitsha, Warri, benin etc. So many opportunities.
@Diego-pc4rc2 жыл бұрын
Would love to see more content about these far flung countries
@toddhayes35062 жыл бұрын
Great Job 👍
@Jabwoy44442 жыл бұрын
I would love to hear more about Africa, especially in regards to the global shift of supply chain and inflation
@gaelnda29782 жыл бұрын
Côte D'Ivoire is definitely business friendly with an economic growth reaching all time highs. Construction (roads, landmarks, buildings, restaurants, schools, hospitals, etc.), Real Estate (private or commercial), Waste management (plastic recycling, etc.), Medical equipment for hospitals and clinics, Car dealerships, FinTech and the list goes on...
@hendo197422 жыл бұрын
RAND MERCHANT BANK BEEN AROUND A WHILE NOW!👍🇿🇦🇿🇦
@jamesndlovu91182 жыл бұрын
Amazing content mate....am based in Zimbabwe and I think people have the worts if mot wrong assumption of the country...did you know despite a terrible economy as depicted by media but Zimbabwe is the largest USD using country in allbof Africa.....everything is sold in USD rytbup to the local market. Zimbabwe is also super gold,diamond and many minerals rich with great investment opportunities.
@jaykern2 жыл бұрын
Would be awesome to hear more about it all. Very keen to learn more. The contingent is the furtest away from me personally, by means of understanding
@TheCitizenRemy2 жыл бұрын
Well done, informative. We at Boston Group Trust enjoy your content. My entire career has been about on the ground, direct investment in the southern hemisphere. The rules to successful exit are simple, keep it simple, the risk is over-weighted and watch your investment.
@dexterspeights34842 жыл бұрын
Africa is the last frontier continent on the globe which is underdeveloped = maximum opportunity to make money!
Thanks for this video. I think Helios Towers will be an great long term play on increasing cell phone use one the continent
@beezowdoodoozoppitybopbopb94882 жыл бұрын
I'd feel egypt is a gamble. If the blue nile dam ends up being built, there could be severe destabilization in that area.
@kevinnoumazalayi67562 жыл бұрын
Thanks for the video. Africa is not often making the headlines on your channel. I appreicate that. What about island countries like Seychelles Maurituis Cape Verde? Are they worth considering? Could you do a list of the worst countries you would not want to invest in? What do you think about countries like the Rep of Congo and DR Congo?
@miattathomas10512 жыл бұрын
Bout time!!!
@cakktus2 жыл бұрын
You mentioned Moldova at some point, could you please develop your idea around investing in this country. Appreciate your time invested.
@JR-ek4xy2 жыл бұрын
Nigeria 🇳🇬
@legendaryking9132 жыл бұрын
What rank was Nigeria?
@Kylo-q2 жыл бұрын
Thank you for this video
@nomadcapitalist2 жыл бұрын
Glad to have you.
@MarkBrown-gc6hr2 жыл бұрын
How about Namibia?
@theworldviewers35862 жыл бұрын
Zambia is a good country and politically stable.
@retrofuturistic82 жыл бұрын
I was surprised to see Mauritius down at #7. I keep reading about Mauritius being the emerging financial hub of Africa, so I expected it to be Top 5, maybe Top 3.
@shaduwy5 ай бұрын
The problem with doing business in Africa is 7+7= 29. You must accept this if you wish to succeed there.
@jonasuk5 ай бұрын
After extensive travel in West and some in South Africa my impression is that West Africa is now safer polically and physically. It is likely safer than parts of the USA and Northern Europe. Benin is up coming with a very stable government where they and sucessfully fought corruption.Benin's cotton and textile industries are growing phenominally. The country also gives tax incentives for investments in agriculture and tech. The infrastrucure is good and well maintained. Ghana is also very stable and safe. Ghana benefits from a highly educated english speaking population and they too have combatted corruption succesfully. As for South Africa, the recent years political direction is not encouraging and the high levels of violent crime is concerning. Hopefully the country will take a better path soon and it can again be attractive.
@Lemurai5 ай бұрын
South Africa will never have peace until the Boers leave, I’m just being blunt & honest, I’ve studied their behaviors (social, business/economic practices, habits, etc…) and how everything they do is strategically targeted towards negatively impacting or causing disruptive incursions with the black majority. This is why they are creeping up on civil war & a possible mass expulsion of Europeans from the nation, it’s not safe to invest in that region & if you’re white, you might want to look into other venues, as it won’t be safe for you, the vitriol will likely spread to other countries on the continent. Best look elsewhere, for the safety of your wallet and self.
@dankadesign74622 жыл бұрын
I think thats going to be new best option for nomad capitalists.Europe becoming more and more dificult as the rest of the world ...thats my opinion - might be wrong
@herkpolivil73272 жыл бұрын
Thank you, Andrew. What do you think of Namibia?
@jacqueslorenz13862 жыл бұрын
Namibia is highly over rated nothing much going on
2 жыл бұрын
Morocco is with no doubt the most beautiful African country and the best to live in. Food, culture, lifestyle, architecture, arts, economic opportunities...The biggest handicap preventing Morocco from booming economically is the french language and the big french presence in the country. If Morocco succeeds in getting rid of France it will surely find full potential.
@thandisilec8355 ай бұрын
Morocco is lovely I agree but no African country is more beautiful than South Africa…I mean Cape Town is officially amongst the most beautiful cities in the world
@Maruwasa2 жыл бұрын
Botswana is great on paper - but i would say also try Namibia
@kevindoyle36142 жыл бұрын
Read : Why You Should Go to Africa Instead of College by Doug Casey ( International Man ).
@banukasilva615310 ай бұрын
South Africa far better than lot of Asian countries like malasiya, Philippines, Thailand and also lot of middle eastern countries
@odinhousepublishing2 жыл бұрын
More info about Africa thanks.
@CoachatCole2 жыл бұрын
🇸🇸 South Sudan!!!!
@rosebogert60472 жыл бұрын
It's strange that so many of these lists mention South Africa and ignore Namibia next-door. I wouldn't consider either a great country to invest, but Namibia has a lot of pros of South Africa minus a lot of the cons. I lived in South Africa for years and wouldn't recommend it to my worst enemy - beautiful country, many lovely people, but I could say the same about Syria yet I wouldn't want to live there, or invest my money there. Rwanda would be my choice though.
@ZinaKorichi-jk6hl5 ай бұрын
I think Algeria 🇩🇿 is the best country in invest in Africa
@mariobroselli36422 жыл бұрын
Anyone opinions on Djibouti?
@ronaldicarify2 жыл бұрын
Great!
@AfroJamaican13 күн бұрын
I am trying to move to Africa…
@farhiyaa48802 жыл бұрын
Follow the Chinese trail in Africa it will lead you to fortune.
@GM4ThePeople2 жыл бұрын
I understand the African space program is set to take off any day now.
@LTgym2 жыл бұрын
I woudnt live in Egypt for free, did you watch experiences other youtubers had in there?
@baboo50542 жыл бұрын
Red Sea
@naet90322 жыл бұрын
Actually I prefer that not so many people want to invest in Africa this is because majority of African countries don't have able investors of their own and no one cares to come and invest. But has time goes by more Africans are becoming potential investors and this is good rather than having a country with over 90% foreign investors and not locals. It is better to be 50/50.
@Chris-bn1vt2 жыл бұрын
As a South African, I came here to hear what you'll have to say about South Africa, knowing that South Africa will be on the list. Depending on how you look at it, South Africa does have some potential. But it comes at high risks. There is the issues with Eskom, the state-owned sole electricity supplier that in 15 years still has not addressed the rolling blackout problem. There is the BB-BEE regulations. There is the land expropriation issue. South Africa is not one of the cheapest places to live. There is a lot of corruption, and not much of service delivery. Crime is as high as it can get. The primary reason many South Africans leave is the high crime, a government that is useless, and the uncertainty of a bright future in South Africa. There is no sight of any improvement in the near or even distant future.
@bootmender2 жыл бұрын
So have you been to “ RICK’S AMERICANA” there in Casablanca Morocco. When I was over there in 1973 I spent 2 days looking for it. No Internet and very little English so I was using my French, not much better. What is there now is just a reincarnation of the movie.
@ae747sp52 жыл бұрын
There's one in Cape Town.
@nkwebikarome47642 жыл бұрын
Even Namibia is a good country to look at
@DaPopeOfDope1012 жыл бұрын
How has no one mentioned Nigeria?
@bmwtctvofficiel9 ай бұрын
Angola
@mojavedesertsonorandesert95312 жыл бұрын
What is your thoughts on Nambia?
@violearn2 жыл бұрын
Namibdesert
@Teardehawkee Жыл бұрын
I wonder how much money needs to invest...im on a fixed income and disabled.