Sunday 23 November 2014

Dr. Richard Nel - A Key Player for Africa’s Future



Dr. Richard Nel is the founder of Gate Investment Group, a special-risk investment firm that has shown great success among a continent that is full of economic potential. So much potential, Nel says, that a significant number of finance professionals have been contacted within past years from overseas investors who are trying to make initial public offerings to them so their company’s stocks can be sold to the general public. While the enticement of foreign investors may sound intriguing to many, Dr. Nel says to keep it local and utilize companies whose investment strategies are overseen by the Financial Services Board in order to ensure proper levels of security.

Gate Investment Group falls into the category of such protected investment groups, and has maintained a history of success among their many loyal clients. As a group who is heavily focused on the trends that drive Africa’s industries, they have noticed the technology of mobile banking as a tool that has enabled African countries to do more business than ever, and therefore give much promise to the once poverty-stricken continent.

These days, about seventy percent of Africans can access a mobile network. If any of those people haven’t started using mobile banking yet, they are sure to do so very soon, says Dr. Richard Nel. This accessibility will also alter the spending habits of many Africans, as they will become more and more aware of their day to day expenses. Once they are able to take more control of their finances, they will surely start to benefit from a promising future for Africa.

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