Sunday, August 19, 2012

Africa continues to grow

Sub-Saharan Africa is shedding its reputation as an "economic laggard". The West should pay attention.

In the first decade of the 21st century, six of the world’s ten fastest-growing economies (Angola, Nigeria, Ethiopia, Chad, Mozambique, and Rwanda) were from Africa. And in eight of the past 10 years, it has grown faster than Asia.

Ghana, "graduated" to middle-income status last year.

The telecom revolution is continuing to generate vast, unanticipated benefits. For example,

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