Deep Oil Cuts Put Africa At Serious Risk ...Middle East

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Deep Oil Cuts Put Africa At Serious Risk
source : OILPRICE ( Middle East ) () 26
About two decades ago, The Economist [infamously] dubbed Africa as the “Hopeless Continent”, claiming that the new millennium had brought more disaster than hope to Africa with threats of famine in Ethiopia (again); floods in Mozambique; mass murder in Uganda and the implosion of Sierra Leone.  A decade later, the magazine did a 180-degree and changed its tune to “Africa Rising” thanks to major improvements in labor productivity; dropping inflation and booming economies.  But alas, the upbeat narrative was not…

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