‘Sub
Saharan Africa’ and more so ‘The
Lake Victoria Basin’ in East Africa
is considered by many as being an area where
major economic growth will take place during
the course of the coming decades. Countries
such as; Uganda, Kenya, Tanzania, Rwanda
and Burundi have all made the transition
to democracy, creating the right platform
for future growth. Kenya and Uganda in particular
are highly investor friendly with no restrictions
on either inward or outward capital flow.
The forthcoming East African Community will
enhance and facilitate cross-border investment
opportunities.
Uganda
is known as the country with one of the
highest percentages of entrepreneurs on
the continent and puts a lot of emphasis
on the education and training of its people
from Primary up to and beyond University
level.
It
is against this background that ‘The
Lake Victoria and Equatorial Africa Company
Limited’ ('LVEAC') has been founded,
aiming at the generation of substantial
returns on capital for its investor base.
‘LVEAC’ will primarily raise
its equity from non-African investors wanting
to diversify and complement their existing
portfolio with investments in the region. |