High stakes for high reward? Real estate funds come to Africa | Reuters
LONDON High stakes for high return, if you can stick it out for the long term - investors are buying into a boom in sub-Saharan African real estate.
Forecasts for 20 percent net annual returns from investing in shopping malls, office blocks or industrial complexes in countries from Zambia to Kenya is drawing in new investors, despite more immediate concerns in some countries about Ebola, terrorism or political stability.
Investors have already taken a liking to sub-Saharan African dollar debt, en