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Momodou
Denmark
11823 Posts |
 Posted - 11 Apr 2014 : 21:51:46
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SPIEGEL's new series on Africa explores how the continent is changing through technology, investment and a growing sense of enterprise and self-confidence.
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A Giant Awakens: Inside Africa's Economic Upsurge
In roughly a decade, Africa has gone from being labeled "the hopeless continent" to enjoying an unprecedented boom. In a three-part series, SPIEGEL explores this transformation -- its drivers, winners and losers -- and asks if it can last.
The magazine cover bore a completely black background. In the middle, an outline the shape of Africa framed a fierce-looking fighter toting a rocket-propelled grenade launcher. Above the picture was the title, "The hopeless continent."
This cover of British magazine the Economist, the world's most influential newsmagazine for business and financial topics, appeared in May 2000. The issue featured a deeply pessimistic report that tore Africa to pieces, presenting it as a lost continent, eternally plagued by tribal wars, famine and mass poverty.
But since the turn of the millennium, the world has a different take on Africa thanks to an economic boom that refuses to fit into the usual distorted picture. The same voices that once proclaimed the continent dead are now predicting a rebirth for Africa, the awakened giant with nearly incalculable natural resources (around 40 percent of the world's raw materials and 60 percent of its uncultivated arable land), fast-growing markets and a young, highly motivated population.
Indeed, while he was still president of Nigeria, Olusegun Obasanjo proclaimed that the 21st century would be "the century of Africa."
A Second 'Scramble for Africa'?
Read Full Story
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A clear conscience fears no accusation - proverb from Sierra Leone |
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kobo
United Kingdom
7765 Posts |
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toubab1020
12314 Posts |
Posted - 13 Apr 2014 : 11:46:49
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REPLY TO KOBO,S POSTING ABOVE (saving space Admin   [:))
Until Africians accept that THIS IS ONE OF THE GREATEST PROBLEMS STOPPING 21st CENTURY DEVELOPMENT NO PROGRES WILL EVER COME !!!!!
[quote]Originally posted by kobo
NEW AFRICA BUSINESS NEWS REPORTS WITH USEFUL MORE INFORMATION. |
"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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Edited by - toubab1020 on 13 Apr 2014 11:52:34 |
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Momodou
Denmark
11823 Posts |
Posted - 14 Apr 2014 : 08:14:23
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I have confidence that things are going to be changed for the better in most African countries. Ghana is an example. There was a time when even matches was a luxury to have in Ghana.
Of course it is very hopeless in many countries. |
A clear conscience fears no accusation - proverb from Sierra Leone |
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kobo
United Kingdom
7765 Posts |
Posted - 15 Apr 2014 : 00:35:12
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 1. Top 10 Poorest Countries in the World
2. 64% of World's Extreme Poor Live in Just 5 Countries
3. Africa's Natural Resources in Global Context
4. Africa’s dormant resources potential
5. BBC News Africa Debate: Will Africa ever benefit from its natural resources?
6. Notes Extracted from New Africa Business News:
"FACTS ABOUT AFRICA SERIES .........
•Africa has approximately 30% of the earth’s remaining mineral resources.
•Nigeria is fourth largest oil exporter in the world, and Africa’s biggest oil producer with about 2.2 million barrels produced every day. Top 10 oil producers in order of total exports: Nigeria, Algeria, Angola, Libya, Egypt, Sudan, Equatorial Guinea, Republic of Congo, Gabon, South Africa.
•The continent has the largest reserves of precious metals with over 40% of the gold reserves, over 60% of the cobalt, and 90% of the platinum reserves.
• China is Africa’s top trade partner with Sino-African trade volumes now nearing $200 billion per year." |
Edited by - kobo on 15 Apr 2014 01:29:14 |
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kobo
United Kingdom
7765 Posts |
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| Bantaba in Cyberspace |
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A Giant Awakens: Inside Africa's Economic Upsurge
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