Africa Boom

Africa Boom

Andreas Sieren, Frank Sieren

The two brothers Andreas and Frank Sieren present us with a real eye opener of a book. The authors write from unusual points of view. One of them has lived over 15 years in Africa, the other for more than 20 years in China. A main take-away of the book postulates: "Ten years of Chinese, Indian, and Brazilian investments have done more to advance the continent than 50 years of development aid." For this reason Sub-Saharan Africa has grown more than 5 percent over the last 10 years and makes up 6 of the 10 fastest growing economies of the world. Additionally, the worldwide demand for African national resources is up, the population is young and increasingly better educated, the middle class counts about 300 million people, and infant mortality is half of what it used to be. But the Dark Continent is held back by the crippling lack of electrical power. The big question about the future is in which direction will development go once enough power is available? And this, the prediction goes, will very soon be the case.

Africa Boom

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