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mardi, décembre 04, 2007

Can Greed Save Africa?

This week issue of Business Week is on Africa. "Can greed save Africa?"

Will private investment succeed where foreign aid almost failed? The continent is the investing world's final frontier. "Thanks to the global commodities boom of the past few years, sub-Saharan Africa's economies, after decades of stagnation, are expanding by an average of 6% annually—twice the U.S. pace. And like bees to honey, investors are swarming into the region in search of the enormous returns that ultra-early-stage investments can bring."