Africa Is of ‘‘Strategic Importance’’ to Gulf States
By Stephanie Nieuwoudt
CAPE TOWN, Feb 27 (IPS) - According to a recent article in the Harvard Business Review, the average annual return on investment in Africa is between 65 and 70 percent higher than in any other country, including China.
However, according to Peter Croll, director of the Bonn International Centre for Conversion (BICC), the media often does not portray the correct picture of Africa. And this has negative consequences for the way potential investors view Africa as an investment region. The BICC is a German research institute promoting peace and development.
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