CSCMP's Supply Chain Quarterly
September 07, 2008 | 2:41 pm ET
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Monetary Matters

Asian trade, investment could boost Africa's fortunes

By MARIA L.C. BERTRAM
Soaring demand for Africa's raw materials, coupled with rising global commodity prices, have raised its international stature.
From the Quarter 03 2007 issue

Since the early days of the industrial revolution, Africa has traded on its wealth of natural resources, exporting raw materials needed to stoke the forges and feed the factories of more developed nations. Despite the spread of industrialization and the dawn of the digital age, that remains the case today. But Africa's fortunes may be looking up. Soaring demand for Africa's raw materials, coupled with rising global commodity prices, have raised its international stature. Today, Africa commands attention not only from its traditional trade partners, like the United States and Europe (see Figure 1), but from fastgrowing Asian economies as well....

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