There is an energy management giant that aims to grow in Africa that many don’t know about. Schneider Electric (SBGSF), a large French company that provides power systems around the world, has been in Africa for a long time and is continuing to expand there, with aims to expand in Southern Africa. They are already operating in Nigeria and other African countries, and have built a new facility in South Africa, looking to go into Angola, Mozambique and Zambia.
The president of Schneider Electric Africa said in 2012 that the electrical needs of Africa should double by 2030! This looks like a tremendous long-term opportunity, and Schneider Electric might be a great company to invest in to take advantage of this. It is listed on the Paris stock exchange as SU.PA and in the U.S. as an ADR (SBGSF)
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