Back in fashion: Africa attracts big investments – FT

There is a scramble for business in Africa, reports the Financial Times. β€œLed by China, countries from Turkey to India are looking for opportunities,” it says.
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EDINBURGH β€” Africa is back on the radar of investment and business strategists, reports the Financial Times. This was underscored by British Prime Minister Theresa May, who got her Africa visits cleverly noticed and viral on social media channels by getting down and dancing clumsily with well-wishers across the continent. The pink newspaper highlights how China has led what it calls a "scramble" for business in Africa. Countries like Ethiopia, once best known for its starving orphans, are noted as attracting money for high-potential projects. – Jackie Cameron

By Thulasizwe Sithole

There is a scramble for business in Africa, reports the Financial Times. "Led by China, countries from Turkey to India are looking for opportunities," it says.

The FT highlights a number of developments to back its point:

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