As new Procter & Gamble (NYSE:PG) 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. Try any of our Foolish newsletter services free for 30 days. 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.