Sub-Saharan Africa Booming, According to TechCrunch

According to Jon Evans on TechCrunch, sub-Saharan Africa is booming, thanks to high global commodity prices, Chinese investment, diaspora remittances, and the mobile phone revolution that finds rural farmers updating their Facebook profiles by text message. He quotes a McKinsey study that says, ““today the rate of return on foreign investment in Africa is higher than in any other developing region.”

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