Bloomberg keeps having interesting articles on Africa's chance of getting out of the mire and into the money making business due to foreign investors.
Where the hell are the gamblers in Uganda and IBI?
http://www.bloomberg.com/news/2010-10-24/ethiopian-rose-fields-give-india-billionaires-tips-on-african-buying-spree.html
“Africa looks remarkably similar to what India was 15 years ago,” said Firdhose Coovadia, director of Essar’s African operations. “We can’t lose this opportunity to replicate the low-cost, high-volume model we’ve perfected in India.”
“Africa is seen by the investing community as the last frontier,” said Walter Rossini, who manages $330 million in an India fund at Aletti Gestielle Sgr Spa in Milan. “There is a higher risk, but then there is greater reward if the political situation remains stable over the next 10 years.”
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