Businesses in emerging markets are doing particularly well from this. We read in the Indian press headlines such as Billionaires Go on Buying Spree in Africa. We learn they are investing in some 80 ventures in Africa, the new girl in town, winning every beauty contest. China is the largest investor in Africa. China and India are not being charitable.
It is an open secret that returns on FDI in Africa are among the most attractive around. 8  BIS central bankers’ speeches  This expansion and diversification in investment and trade has brought notable improvements in additional know-how, technology and development experience from these emerging economies into the African continent.