Good news from Africa

14 September 2005

By Michael Holman


There is good news from the continent, but it is in danger of being buried under hand-wringing anguish and well-intented largesse. The good news is the emergence, not of a new breed of polician, but a new breed of business leaders. However, as a recent World Bank report points out, when it comes to improving the business climate for local or foreign investors, African countries lag well behind all other regions.