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Africa: The Last Investment Frontier

John H. Christy reports in Forbes:

The economies of sub-Saharan Africa are in the best shape in several decades. Africa is on track to deliver economic growth of nearly 7% in 2008. Inflation, which measures below 7%, is high by the standards of the developed world, but nowhere near crisis levels. Record oil prices have certainly helped stabilize African economies, but the International Monetary Fund notes that improvements have also been broad-based, attributable to better macroeconomic policies in recent years...[continue reading]

via Cheetah Index

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