- December 27, 2016
- Posted by: ABO Capital
- Category: Press Releases
New York, NY, December 27, 2016 – ABO Capital announced today that its CEO Zandre Campos was featured in CNBC Africa discussing the key facts about African consumers. The article entitled “Five key facts about African consumers” was originally published on CNBC Africa on December 9, 2016.
There is a vast and fast-growing consumer market in Africa. The population in Africa is growing and it is a young market. The economy is also expected to grow 50% in the next few years, creating a world of opportunity. Five key facts that demonstrate the potential of African consumers are that consumers are attached to their smartphones, they are digitally-savvy, they demand quality and are brand-conscious, consumers have money to spend, and they want a modern shopping experience.
“The rise of the consumer culture in Africa mirrors the continent’s growth into the 21st Century.” said Mr. Campos. “The facts show that African consumers essentially are no different from those everywhere else. For smart businesses and brands, meeting Africa’s burgeoning consumer demand could also lead to dramatic growth in the years ahead.”
Zandre Campos is chairman and CEO of ABO Capital, an international investment firm that invests in companies in the healthcare, energy, transportation, hospitality, technology and real estate sectors throughout Africa. ABO’s mission is to create global value for developing countries in Africa, while contributing to their economic development.
Read the full CNBC Africa article:
http://www.cnbcafrica.com/news/special-report/2016/12/09/five-key-facts-about-african-consumers/
About ABO Capital
ABO Capital, formerly Angola Capital Investments, is an international investment firm that invests in companies in the healthcare, technology, energy, transportation, hospitality and real estate sectors throughout Africa. The mission of ABO Capital is to create global value for developing countries in Africa, while contributing to their economic development.
About Zandre Campos
Zandre de Campos Finda is one of the great, innovative business leaders and global entrepreneurs emerging out of Africa. Currently, he is chairman and CEO of ABO Capital, an international investment firm headquartered in Angola with holdings throughout Africa and Europe. Prior to founding ABO Capital, Mr. Campos was CEO of Nazaki Oil & Gaz S.A. He has held the positions of CEO of the mobile phone company Movicel Telecommunications and an executive in the office of the president of SONAIR, S.A., a subsidiary of Sonangol, Angola’s state-owned oil company that oversees oil and gas production. He began his career as a legal advisor with Sonangol Holdings.
Mr. Campos also sits on the board of Sphera Bluoshen S.A., a subsidiary of Oshen Group and part of Sphera Global Healthcare. Sphera is committed to bringing high-quality healthcare services to nations around the globe with current activities in Angola, Morocco, and Rwanda. Sphera is dedicated to healthcare equality and accessibility. He is also a board member in Bluoshen S.A. and Boost – Communication & Strategy, S.A. and other organizations across the globe. Mr. Campos graduated from Lusiada University, Lisbon, with a degree in Law.
Mr. Campos has dedicated his career to helping advance Angola and other developing nations. His work makes him one of the most socially forward and conscientious business leaders of our time. Through his entrepreneurial spirit and diverse business portfolio that is ever-expanding, Mr. Campos is creating thousands of new job opportunities and building stronger communities.