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ECONOMY- Is Africa's economic boom a myth?


by: DW.DE


Africa is celebrating 50 years of political unity and the economy is also booming. It's now widely seen as a region of great opportunities, but experts are skeptical about how long this will last.
A man speaking on a mobile phoneTwo out of three Africans have a mobile phone or smartphone. Purchasing power on the continent is increasing, markets are growing and more and more Africans are becoming billionaires. This is a success story which politicians, economists and the media are happy to talk about.
Anver Versi is a Kenyan economic journalist and editor of the London-based Africa Business magazine. He says Africa is catching up... READ MORE