Who Buys the Fruit Of African Investment? It's Different For China And U.S.
Last week President Obama announced a $33bn U.S. investment in Africa at the Washington D.C. US-Africa Leaders Summit. This week the South African Reserve Bank (SARB) was forced to eat $700,000m in bad loans to keep African Bank Investments ...
SA Reserve Bank jumps in to deter capital flight
African Bank needs deposits as model fails