Investors were widely expected to abandon Africa -the world’s wealthiest continent, yet portrayed as the poorest by the media – after the recent waves of publicity about the famine in Somalia.

Investing in Africa The Bridge MAG image

Once again, Africa has been making headlines for the wrong reasons, and there are real concerns that lenders will no longer make funds available to support it following the Somali crisis.

“At the height of a vicious civil war, more than 200,000 people died but many more could be threatened this time as aid agencies are today talking about an inevitable declaration of a famine in Somalia for the first time since 1992,” went the BBC’s initial report over the summer.

Striking figures – such as the fact that 80 per cent of the continent’s cattle have been wiped out and nine out of 10 schools closed because of its inability to pay the teachers – are being taken by many as real signs that Africa, and Somalia in particular, are falling apart.

Yet, seen objectively, the African continent still has so much to offer the rest of the world.

In fact, according to an analysis by The Economist: “Over the ten years to 2010, six of the world’s ten fastest-growing economies were in sub-Saharan Africa.  On IMF forecasts Africa will grab seven of the top ten places over the next …

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Why is the richest continent of all, in terms of natural resources, so often portrayed by the international media as the world’s leper?…

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Rachel Tcheungna, Author, Writer of 

The Bridge Books and 

The Bridge Magazine Editor.