#46 Africa: a land of opportunity

OECD Observer No 296, Q3 2013

Click to enlarge. By StiK, especially for the OECD Observer.

"This Africa development congress should be intriguing. How times have changed, eh?"

"Ah! Africa. The new Asia! A land of opportunity."

"You can say that again. They now boast 7 of the world's 10 fastest growing economies."

"That's not what does it for me as a businessman."

"Ah, you must mean the new middle classes! All those new consumers must be good for your sales, right?"

"Nope. That's not what does it for me either."

"Well, why is Africa the new Asia then?"

"A nice cheap workforce!"

The world can be a complex place. See how Frankie and his colleagues at Global.org grapple with the thorny public policy issues of our time, in this cartoon strip.

For more Frankie.org, click here

Economic data

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Consumer price inflation: 1.9% August 2019 annual
Trade: +0.4% exp, -1.2% imp, Q1 2019
Unemployment: 5.1% August 2019
Last update: 9 September 2019

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