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« Uganda: EU Tips $20 Million for Bujagali Power | Main | TURKEY: Plan to attract foreign investors to GAP »

November 14, 2006

India, China boost Africa's growth: World Bank

Source: HindustanTimes.com

Increasing trade and investment from Asian countries, especially India and China, is fuelling Africa's economic growth, a new World Bank study has said.

According to the study, "Africa's Silk Road: China and India's New Economic Frontier," 27 per cent of African exports are sold in Asia, up from 14 per cent in 2000 or three times the amount in 1990.

Full Story...

Posted by pichu at November 14, 2006 7:48 PM