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Description
Experience Level: Entry
Foreign Investment in Africa: No friends only interests
Foreign investors seem to have developed so much interest in almost every corner of Africa.
The continent with its underutilized natural resources is a sure ground to keep them landing.
There is copper to mine in Zambia, iron ore to extract in Gabon and oil to refine in Angola.
In other countries less blessed by natural resources, Chinese companies have spied trading and investment opportunities.
Though the presence of foreign investment on African soil may seem a sure blessing to Africa development and economy, but the question remains, ‘what price does Africa have to pay? Are these investments brought forth for friendship sake or interest rates?’
This write-up will expose the long and short term interests of foreign investors, what underlining negative effects their presence may have on Africa? What policies should be put in place to defend Africa from economic entrapment should one arise? What should be the yardstick in measuring acceptance for the different investors?
Article should be about a 1000 words.
Foreign investors seem to have developed so much interest in almost every corner of Africa.
The continent with its underutilized natural resources is a sure ground to keep them landing.
There is copper to mine in Zambia, iron ore to extract in Gabon and oil to refine in Angola.
In other countries less blessed by natural resources, Chinese companies have spied trading and investment opportunities.
Though the presence of foreign investment on African soil may seem a sure blessing to Africa development and economy, but the question remains, ‘what price does Africa have to pay? Are these investments brought forth for friendship sake or interest rates?’
This write-up will expose the long and short term interests of foreign investors, what underlining negative effects their presence may have on Africa? What policies should be put in place to defend Africa from economic entrapment should one arise? What should be the yardstick in measuring acceptance for the different investors?
Article should be about a 1000 words.
Adedola A.
96% (33)Projects Completed
41
Freelancers worked with
34
Projects awarded
80%
Last project
11 Sep 2014
Nigeria
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