Not only are some of SolarReserve's biggest projects in South Africa, but by year's end the continent is also likely to generate the bulk of the company's sales. "We're now spending a whole lot more time" in Africa, he said, mentioning Ghana, Nigeria and Mozambique, among others.
Sub-Saharan Africa still struggles with political unrest, poverty and disease, including the current Ebola outbreak in West Africa. But the last decade has brought a sea change in its economic performance and perceptions of its future promise. In 2000, Economist magazine dubbed Africa "the hopeless continent." Today, scholars talk about the "African growth miracle."
Enjoy curated articles directly to your inbox.