Sunday, July 29, 2007

Into Africa

url (http://www.economist.com/finance/displaystory.cfm?story_id=9566441 )

The biggest undeveloped country of Africa is soon approaching its goal to integrate into the global economy with lots of natural resources and potential for the future however the investors are not ready to associate with Africa due to its extreme political turmoils. Currently the markets in Africa are undeveloped with a slight chance to be successful, but the country itself is progressing more quickly as ever. I'm surprised about the fact that the adoption of mobile phones have been used by farmers for use of markets and this is pretty neat.

1 comment:

Nanifay said...

I remember when I didn't know too much about Iraq and Afghanistan (well, less than I do now anyway), and I saw some film of these guys in their "mud huts" (well, you know they were very simply constructed, with dirt floors, etc.) and simple clothing, but they were all talking on their cell phones! I just thought it was a really interesting thing, that that kind of communications technology preceded all sorts of (what we might consider) "basic" needs technology.