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Open Economies - African investments

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African investments

  • To: <openeconomies(at)cyber.law.harvard.edu>
  • Subject: African investments
  • From: "Kwami Ahiabenu,II" <kwami(at)infoelink.com>
  • Date: Thu, 26 Sep 2002 14:16:53 +0100
  • Organization: infoelink
  • Reply-to: "Kwami Ahiabenu,II" <kwami(at)infoelink.com>

> Colleagues
>
> This story from Channel Africa: www.channelafrica.org
>
> (You are free to use stories from Channel Africa provided you credit the
> source.)
>
> ---
>
> AFRICA HAS HIGHER INVESTMENT PROFITS: U.N.
>
> YAOUNDE: A top United Nations officials says risks of doing business in
> Africa are overstated, saying investments in the continent have delivered
> returns recently surpassing those from other regions. The U.N. Development
> Program's resident representative for Cameroon, Patricia de Mowbray, says
> over the past years, the average profits of foreign investments in Africa
> have been several percentage points higher than in any other part of the
> globe. de Mowbray said this in an address to officials in Africa's booming
> oil business. More than 500 delegates, including government ministers, oil
> industry executives and finance experts, are gathering to discuss
> development and investment opportunities on the continent.
>
>
>


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