September 20, 2016

Bloomberg: Silicon (Valley) Is the Hot New Commodity in Africa

Bloomberg- Silicon (Valley) Is the Hot New Commodity in Africa

"The titans of Silicon Valley are undeterred by the economic slump afflicting much of Africa. Facebook Inc., Google, Oracle Corp. and Uber Technologies Inc. are at the leading edge of turning the world’s frontier markets digital. As the commodity crash buffets the continent’s biggest economies, the interest and investments couldn’t come at a better time. Almost half of foreign direct investment projects in Africa last year were in technology, telecommunications, financial services and consumer products."

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