May 2, 2013

PIMCO's El-Erian: Africa's Rise is Real

Africa's Rise is Real | Africa Invesments

In the recent May/June issue of Foreign Policy, Mohamed A. El-Erian, CEO and co-chief investment officer of global investment management firm PIMCO, writes about Africa's economy saying "Count me among the growing number of people excited and hopeful about what's happening on the ground in Africa. Markets are booming, and this time it's not just gold mines and oil rigs; it's a new generation of workers and entrepreneurs." "Still a cynic?," El-Erian asks, "Don't take my word for it -- just follow the money."

Follow this link to read the full article: Into Africa: Believe the Hype. Africa's rise is real.

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