4min chapter

Business Daily cover image

Investing in Africa: Who benefits?

Business Daily

CHAPTER

The Risks of Foreign Direct Investment in Africa

Mining review Africa argues that South Africa's bush felt complex is the richest deposit on earth for a crucial range of rare metals. At current rates of extraction, the complex will likely not be mined out within the next 700 years. Is it safe then to suggest that Africa is the most profitable region in the world to do a business? Peter MacJob: The problem with foreign direct investment is that the repayment of those loans of that investment has to be made invariably in dollars.

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