www.euronews.com It is time to look at Africa with fresh eyes. There is a spirit of optimism on this continent of over a billion people. The World Bank says sub-Saharan Africa will be the only region to accelerate its growth in 2012 with GDP up 5.5 precent. During the last decade, Africa had six of the 10 countries that experienced the fastest growth, like a performance in Asia. Eight hundred people came to Libreville in Gabon to talk about that. International opinion formers, leaders from business, economics and politics, all met at the invitation of the New York Forum Africa organised by Richard Attias. It was the first gathering of its kind. The goal was ambitious: to advance practical solutions and legal proposals to allow Africa to at last take its place on the world stage with this question to start: African growth is it a myth or reality? “Africa is moving now from a little over a billion people to in thirty or forty years two billion people it will be the largest consumer market in the world. That, you know and more of those consumers are going to come into a position where they have disposable income, that alone is going to attract business from all around the world. Plus Africa has what the rest of the world needs in terms of energy and in terms of raw materials. It is inevitable, the thing that was missing before was stable progressive leadership at the top of government,” said Richard Parsons. former chairman of Citigroup. Jean Ping. Chairperson, Commission …
Video Rating: 4 / 5
Thats exactly what investors and people like you were saying about the introduction of mobile networks in the beginning of 90’s but look now how the mobile phone is transforming Africa and how operators have invested heavily tp meet the demand? The middle class is growing at avery rapi speed and if you were an investor and dont see the opportunity now by the time you wake up, it will be too late.
and How many of those companies are foreigner?and what about the local companies? foreigner companoies, who just want to take advantage of working people, You just want to change your business like always, in the past slavery then colony then ” religion”, and now you want to ”save” them.Because at then for them, Africa is just a business where you want to get something…
1 billion to 2 billion…those stats are just nonsense…how many of those 1billion have any sustainable (let alone growing) purchasing power…?