Blog
Global Issues: Development ~ Africa booming in parts
22nd December 2010
Following on from theme of last blog post, here is an Economist article which highlights an upswing in Sub-Saharan economic fortunes: South of the Sahara = Boom times, at least in parts
“Sub-Saharan Africa will be one of the fastest-growing regions of the world in 2011, thanks to surging demand both from abroad (from China and India in particular) and at home (fuelled by urbanisation and consumerism). As a result, investors will find it increasingly difficult to ignore the area, despite its—justified—reputation as a tough place for business because of political uncertainty, corruption, weak infrastructure and inconsistent regulation. “