Viewed since the turn of the century, Africa remains far more hopeful on a range of indices than it was during the preceding post-colonial decades. Despite swathes of chaos, corruption and dictatorship, democracy and economic growth are the norm in a fair chunk of its 49 countries south of the Sahara (see map): a far better record than in the neighbouring Arab world. And though the rate of growth in 2016 will plateau or even decline, because of the fall in commodity prices precipitated by lessening demand in China for raw materials, African economies on average will still outpace most of the rest of the world. Western investors will still keenly sniff around.
展开▼