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Investment in Africa: All to Play For

Tom Cargill, June 2010

The World Today, Volume 66, Number 6

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When many western people think of Africa a set of stock images comes to mind: starvation, poverty, corruption, violence. No matter how many television programmes, articles and campaigns try to change perceptions, these views dominate. In this context, you would have to be mad to call for greater private sector investment. Yet increasing numbers of emerging powers are doing just that. This gulf between western perceptions and modern African realities is doing growing damage to the economic prospects of countries like Britain, just as global competition for resources and power heats up.