Business Daily

BBC World Service

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The daily drama of money and work from the BBC.


BizDaily: Africa's Investment Boom

April 28th, 2015

Episode 227 of 836 episodes

Business Daily looks at the boom in African investment. $80 billion went into the continent last year, close to the all-time record, and it's predicted that 13 of the world's 20 fastest growing economies over the next five years will be African. So what's going on? The optimists say an emerging middle class and better accountable government is replacing the old story of corruption and a commodities curse. But is this growth story guaranteed, and could it even be derailed by the wrong kind of foreign direct investment? We also hear from the Nigerian who made history, becoming the first ever to parachute on the North Pole. All for a good cause mind.

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