Sunday, May 11, 2014

The Press Coverage of Africa

Africa gets plenty of bad press, but as David Brooks pointed out in his New York Times column last week (The Real Africa), Africa is starting to look like a success story.  Ponder the following:

"Many countries in sub-Saharan Africa are growing at a phenomenal clip.  Nigeria's economy grew by 6.7 percent in 2012.  Mozambique's grew by 7.4 percent. Ghana's by 7.9 percent.

In 2011, roughly 50 million African households earned at least $3,000 a year.  By next year, more than 100 million households will make that much."

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