Africa on the Rise
By NICHOLAS D. KRISTOF
Published: June 30, 2012
http://www.nytimes.com/2012/07/01/opinion/sunday/africa-on-the-rise.html?ref=lesotho
By NICHOLAS D. KRISTOF
Published: June 30, 2012
http://www.nytimes.com/2012/07/01/opinion/sunday/africa-on-the-rise.html?ref=lesotho
this article is about how Americans have learned to pity Africa. It’s mainly seen as a place of famine and genocide. So here’s another way to think of Africa: an economic dynamo. Is it time to prepare for the African tiger economy? Six of the world’s 10 fastest-growing economies between 2001 and 2010 were in Africa, according to The Economist. The International Monetary Fund says that between 2011 and 2015, African countries will account for 7 of the top 10 spots.
Africa isn't just a place for safaris or humanitarian aid. It’s also a place to make money. Global companies are expanding in Africa; vast deposits of oil, gas and minerals are being discovered. some people are even comparing business opportunities in Africa with those in China in the early 1990's. All in all, Africa is becoming more democratic, more technocratic and more market-friendly. Yet Americans are largely oblivious to the idea of Africa as a success story.
Africa isn't just a place for safaris or humanitarian aid. It’s also a place to make money. Global companies are expanding in Africa; vast deposits of oil, gas and minerals are being discovered. some people are even comparing business opportunities in Africa with those in China in the early 1990's. All in all, Africa is becoming more democratic, more technocratic and more market-friendly. Yet Americans are largely oblivious to the idea of Africa as a success story.
This can boost the moral of the country and ensure that their practices and beliefs are never lost. If Africa does become another China, it may affect our economy as well. maybe for better but maybe for worse. if we become as debited to Africa as we are to china, Well lets face it, we're in trouble.
I believe that Africa climbing to the top of the economic ladder is amazing. this can help in making Africa wealthy and help cure diseases. it can also change the way we look at the country. I think we as Americans may have underestimated the country of Africa.