Is Africa becoming the new Asia?

These days, when we talk about emerging market growth in wealth management the conversation tends to focus on Asia, or possibly the Middle East and Latin America. Africa, meanwhile, remains largely forgotten. But there is mounting evidence that global banks and asset managers are turning their attention towards Africa in a drive to harness investment opportunities, as well as the chance to connect with the region’s emerging wealthy. Bank of China (BoC) last month announced a str…