January 22, 2013

Get Ready for an Africa Boom

Charles Robertson, CNN

AP Photo

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.

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TAGGED: Africa

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