Oct 30, 2003
A Ten-Year Strategy for Increasing Capital Flows to Africa
James A. Harmon, Chairman of the Commission on Capital Flows to Africa and President, Harmon & Co., reported on the findings and recommendations of the 28-Member Commission on Capital Flows to Africa. “With more than 800 million people and vast natural resources, [Africa’s] opportunities and accomplishments are frequently overshadowed by crises, conflicts and chronic poverty. As a result, Africa is not a primary destination for global, especially American, capital. But without significant amounts of capital, Africa's development objectives will not be achieved."
Read the full report by the Commission on Capital Flow to Africa.