Invest in Africa, Say Business Leaders

West Cape News/All Africa Global Media via COMTEX) — With Europe in the midst of recession, Africa is shaping up to be the investment destination for many companies, says Cape Chamber of Commerce President Michael Bagraim.

Speaking today in Cape Town at a two-day summit on doing business in Africa, Bagraim said doing business in Africa “has been a good idea for a long time” and it got a “whole lot better” with some spectacular oil and gas discoveries being made off-shore of East Africa

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