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Global Issues: Development ~ Africa booming in parts

Owen Moelwyn-Hughes

22nd December 2010

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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. “

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Owen Moelwyn-Hughes

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