Thursday, November 18, 2010

energyresources : Message: G20: free-trade area for Africa proposed by UK and South Africa

energyresources : Message: G20: free-trade area for Africa proposed by UK and South Africa: "The global economic crisis demonstrated two things about Africa's readiness for
growth. The first is that macroeconomic policies in most African countries have
improved so much that they were able to ride through the crisis.
The second important factor is that Africa continued to grow because of the
expansion of domestic demand. The continent's one billion people are beginning
to make an impact on the consumer markets.
When we consider the unexploited mineral wealth of Africa, the fact that Africa
has 60% of the world uncultivated agricultural land, and that Africa has the
youngest age profile of any continent, our continent's growth potential is truly
massive."

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