CP-Africa highlights a Goldman Sachs report with the following excerpt:
Africa’s exceptionally robust growth over the last decade is probably understated (informal parts of economies are very big), but not being able to measure this growth precisely shouldn’t detract from Africa‟s potential, which is about much more than resources as it evolves and climbs the consumption, urbanisation and perhaps industrialisation curves that the BRICs have climbed. We believe meaningful opportunities for western consumer companies exist as Africa‟s household consumption grows rapidly (it is already greater than some of the BRICs) and that failure to invest now will see others rush in.More here