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Resource-Rich African Countries Struggle, Resource-Poor Ones Grow

Resource-poor countries like Kenya, Rwanda and Ethiopia are experiencing growth, while resource-rich countries like Nigeria and Angola are battling. The former finance minister of Zimbabwe, Tendai Biti, told the Investing in African Mining Indaba annual conference Tuesday that diversification is key, but African leaders in resource rich countries don’t learn. However, he said the silver lining to the current slump is for policy makers to see this as an opportunity, a sentiment also...

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