Unraveling the World’s Best-Kept Secret

Fletcher Features Imaduddin Ahmed | March 23, 2010 Medium-sized investments in sub-Saharan enterprises will help develop the region more than hand-outs, and return profit, say London financier and Kampala-industrialist In 1995, New York had more mobiles than the entire continent of Africa. This year, in spite of the low GDP per capita of the continent, it will have as many mobile phones as the USA. Nigeria, according to UNESCO, produces more feature films than the USA. More than 80% of African countries are politically stable, and the average return on foreign investment into Africa is about 30%. Yet, in the … Continue reading Unraveling the World’s Best-Kept Secret