Time to invest in Africa
When reading the news about civil war in Kenya, unrest in Chad, or genocide in Darfur, one can conclude that Africa is no place to invest money. But behind the headlines lies business opportunity.
Africa's economy is growing at 6 to 8% a year. The International Monetary Fund's World Economic Outlook, released in October 2008, projected economic growth of 6.3% for sub-Saharan Africa in 2009, with Uganda, Tanzania, and Nigeria exceeding 8% growth.