WASHINGTON — As Africa’s economy rises, American businesses are at risk of being left behind.
“We are missing the boat” was the sour warning former President Bill Clinton issued Tuesday at an otherwise upbeat U.S.-Africa Leaders Summit here.
Sub-Saharan Africa has enjoyed nearly 6 percent annual economic growth for the past decade. And the robust expansion is expected to endure through the decade. Ernst & Young calls Africa the world’s second-most attractive market for investment behind North America.