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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