January 22, 2013
Get Ready for an Africa Boom
Charles Robertson, CNN
The rise of Africa’s long forlorn economies – what we at Renaissance Capital have dubbed “The Fastest Billion” – represents the final phase of a global economic transformation that began over 200 years ago as agrarian societies saddled with absolute rulers began their journey through industrialization into the pluralistic middle-class societies increasingly driven by the information age we know today.
For many reasons, Africa largely missed out on this journey. But no longer.