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P&G in Africa

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

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

As new Procter & Gamble (PG +1.06%) 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.

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About the Author

Asit Sharma, CPA
Asit Sharma, CPA, is a Senior Investment Analyst and Lead Advisor at The Motley Fool. He co-advises The Motley Fool’s flagship Stock Advisor investing service, serves as a lead advisor for Virtual Revolution, and contributes as an analyst to three other premium subscriptions: Quantum Leap, Trends, and Showdown. Prior to his current position, Asit was a contributing writer and editor for Fool.com, CFO of a middle-market manufacturer, and a finance consultant. He holds a B.A. in English Literature from UNC-Chapel Hill and a M.A. in English Literature from New York University.
TMFAsitSharma
X@asitmap

Stocks Mentioned

Procter & Gamble Stock Quote
Procter & Gamble
NYSE: PG
$144.87
(+0.41%)+$0.59
Unilever Stock Quote
Unilever
NYSE: UL
$61.58
(+0.16%)+$0.10
Kimberly-Clark Stock Quote
Kimberly-Clark
NASDAQ: KMB
$99.28
(+1.10%)+$1.08
Colgate-Palmolive Stock Quote
Colgate-Palmolive
NYSE: CL
$85.60
(+0.56%)+$0.48

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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