EXTRACT:

Read the extract below and answer the questions that follow: RMB establishes US presence "Private sector bank Rand Merchant Bank (RMB) has established a New York-based representative office to facilitate greater US business flows into the African continent. RMB's parent, FirstRand Bank, has received all necessary approvals from the US Federal Reserve board and the New York state Department of Financial Services. RMB CEO Emrie Brown says foreign investors are increasingly turning to Africa, with its considerable natural resources, extensive markets, young population and good technological prospects..."

QUESTION : (20 MARKS)

Speculate, giving reasons on, the factors contributing to the increase in foreign investment in Africa.