During a short stay in Ghana, which will hold free elections in December, Vodafone had bought a majority stake in Ghana Telecom for $900 million (entering a fiercely competitive mobile-phone market) and I’d heard much about 6 percent annual growth, spreading broadband and new high-end cacao ventures.His killer summation is, "Africa Ascendant is not yet a slogan that sells. It will be."
Accra, the capital, is buzzing. Russian hedge funds are investing. New construction abounds. Technology enables people in the capital to text money transfers via mobile phone to poor relatives in the bush.
I don’t think that picture is exceptional these days for Africa, where growth averaged close to 6 percent last year and I sense a fundamental change in attitudes to governance, trade, the private sector and political accountability.
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