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A word to the "Johnny's just come

The story about Africa’s oil being a resource curse or a blessing is a tired one.
Ghana, Mozambique, Tanzania , Uganda together with the latest, Kenya have all discovered oil and gas in recent years, thrusting them into a crossroads between following the likes of diamond-rich Botswana into prosperity or the likes of Nigeria into over-dependence on oil.

Capital main constraint for Africa investment

 Raising capital is the biggest constraint facing private equity firms seeking to invest in potential projects in sub-Saharan Africa, the chairman of Egyptian private equity firm Citadel Capital said.

Citadel, which has focused on the Middle East and north Africa but is also looking to expand its portfolio in sub-Saharan Africa, has $4.3 billion of assets under management.

Never again

Angolans have marked the 10th anniversary of the end of its three-decade civil war that killed half a million people, wrecked cities and sowed its interior with landmines with a pledge never to go back to the dark days again.

Sub Saharan Africa continues to show outstanding growth

The General Motors Sub Saharan Africa (SSA) market has continued to show amazing growth rates during the first four months of the year, reaffirming the company's commitment to expanding their footprint in the region.

The latest figures show that the General Motors SSA region, excluding South Africa, has shown a remarkable 48 percent increase in wholesale vehicle sales, year-on-year, when compared to the first four months of 2011.

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