Is Africa is open for business?

Jean-Louis Warnholz at Bottom Billion:

Africa, all too often, is seen as a place do to charity, not business. Returns may be high, but there is a degree of discomfort to take profits out of the country amidst widespread poverty. Jeff Chu, Senior Editor at Fast Company Magazine traveled to Rwanda and sheds light on President Kagame’s investment strategy and the quest to change the country’s reputation. Rwanda’s development vision requires substantial foreign investment to create jobs and raise standards of living. This strategy rests on entrepreneurs taking the country seriously as an investment proposition...[continue reading]