P&G in Africa

By Asit Sharma – May 31, 2013 at 3:18PM

NYSE: PG

Procter & Gamble

Market Cap

$384B

Today's Change

(-0.03%) -$0.05

Current Price

$162.55

Price as of April 25, 2024, 4:00 p.m. ET

The consumer goods giant focuses on a key future growth market.

As new Procter & Gamble (PG -0.03%) CEO A.G. Lafley retakes the reins from predecessor Robert MacDonald, he'll find a company that is extending its reach globally into developing consumer markets. A key area for P&G is the African continent. In the accompanying video, Fool contributor Asit Sharma examines P&G's recent manufacturing investments in Africa, and discusses what this means for the company and its future growth.

Fool contributor Asit Sharma has no position in any stocks mentioned. The Motley Fool recommends Kimberly-Clark, Procter & Gamble, and Unilever. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.