Legal Systems in Sub-Saharan Africa

Kuramo believes sub-Saharan Africa (“SSA”) is poised to deliver excellent risk-adjusted returns to investors. In the last decade, SSA has remained among the fastest growing regions in the world, outranked only by emerging Asia. According to the World Bank, GDP growth is an average of 4.5% in the last 10 years with nearly one-fifth of countries in the region growing at an average rate of 7% or better. The structural and cyclical outlook for economic activity has remained increasingly favorable; inflation is directionally under control; governments are committed to implementing much-needed reforms; and Kuramo’s target countries are politically stable. Increasing regional cooperation and deeper trade relationships between a number of SSA countries and major emerging markets such as China and India are contributing to the diversity of SSA economies.

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