Category: Africa


Billions That The Poor Won’t Touch

With its two-trillion-dollar economy, recent discoveries of billions of dollars worth of minerals and oil, and the number of investment opportunities it has to offer global players, Africa is slowly shedding its image as a development burden. “While global direct investment has shown some decline – dropping by 18% in 2012 – in Africa, foreign direct investment rose by 5%,” Ken Ogwang, an economic expert affiliated with the Kenya Private Sector Alliance (KEPSA) which has a membership of over 60 businesses, said.

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