Foreign Investment
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As the number of wealthy individuals in Africa grows, I wonder if the US will see more public investment from such individuals. For example, Tony Elumelu invested an undisclosed amount in a California-based satellite startup last year. Will we see more folks follow the lead of, say, the Qatari government which gave around $100 million…
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Is the right next step for promoting American business investment in African markets a tax credit that encourage American companies to repatriate their investments on the continent? The Africa Report ran an interview in November with Rosa Whitaker, head of the Whitaker Group. She argues that this tax credit is the right investment response for US-Africa…
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I appreciate my sister, Chenae, asking me whether the World Cup will really help South Africa’s economy. My response to her question follows: I worry about South Africa’s ability to maintain these huge stadiums it has built. They could drain resources. 50,000 people aren’t going to watch professional games on a regular basis. Another concern is…
Kwame Som-Pimpong 