Africa's Youngest Billionaire to Invest in Cross River

Given the conducive business environment put in place by the Cross River State Government, Africa's youngest billionaire, Ashish J. Thakkar has made known his intention to invest in Calabar.

Thakkar, who is president, Mara Group stated this while delivering a key note address at the 2013 edition of the Africa CEO Roundtable and Conference on Corporate Sustainability and Responsibility (AR-CSR) at Tinapa Business and Leisure Resort, Calabar.

According to the Ugandan, the decision to establish his presence in Calabar was based on what he has seen and heard of Cross River, which remains a veritable place to invest.

He explained that his investment in the state will be part of his effort to encourage young entrepreneurs to improve their capacity.

The billionaire said he was prepared to bring his wealth of experience to develop Nigeria, adding that "it is only when you give that you can have more, especially when giving to a group or society"

Thakkar disclosed that he professes Nigeria anywhere he goes as the best country and Cross River has further convinced him about that because of its available human and natural resources couple with the conducive economic environment put in place by government to attract investments and investors.