Africa UP Close

By Dr. Mzukisi Qobo

There continues to be a growing interest in Africa’s development challenges and the continent’s future prospects. The commodity boom that took place from 1997 to 2007 accounts for much of this positive commentary.

Coincidentally, Africa’s new emerging partners, China and India, have also helped to spur its growth, due to the vast amount of vital resources found within the continent that are seen as strategic necessities to power their own growth and modernization. Beyond natural resources, the involvement of these new partners in Africa spans diverse sectors, such as infrastructure, agriculture, and finance, with state-driven capital fueling acquisitions in the case of China, and intensifying private sector engagement in the case of India.