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Harith FMFML

Africa is making steady progress in dealing with its own challenges. It is no longer ‘business as usual’ on the continent. In fact, the mantra ‘business unusual’ is more suitable to describe the positive winds of economic change.

Although there are still some instances of social and political instability, these are contained and now, fortunately, more the exception rather than the rule. This is independently affirmed in a leading international publication which has radically altered its view of Africa from a “Hopeless Continent” to a “Hopeful Continent”. In essence, Africa has become the global platform for economic competition. Considering that the most important metric of investment opportunity is GDP, African countries which have recorded strong economic growth should be attractive destinations for foreign direct investment (FDI) inflows.

 

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Countries
54
Cities
52
International Rivers
60
Uncultivated land
60%
Potential labour force
500m
Natural resources as a percentage to world average
33%