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Foreign Investment: The showdown for Africa begins

Posted April 18, 2008

“Africa is malnourished, politically impotent, overrun with disease, and teeming with warlords, so it’s no surprise the typical life expectancy is 20%-30% below the global average. Despite such a daunting outlook, Africa will be the most hotly contested battleground for the two of the world’s most influential powers over the next 50-100 years.” — Jason Simpkins

by Jason Simpkins, Money Morning

Baltimore – (TFN): As the home to 34 of the world’s 50 least-developed countries, Africa is the poorest and least-developed continent on the planet. It’s 11.7 million square miles of desert and jungle, with little in between.

Africa is malnourished, politically impotent, overrun with disease, and teeming with warlords, so it’s no surprise the typical life expectancy is 20%-30% below the global average.

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Foreign Investment: Battleground Africa

Despite such a daunting outlook, Africa will be the most hotly contested battleground for the two of the world’s most influential powers over the next 50-100 years.

That’s because Africa has become a key economic priority for both India and China - the two Asian powerhouses in the midst of major financial and industrial reformations. Read on to learn more.

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