links for 2010-08-25

• Can Africa continue to grow? - McKinsey Quarterly - Economic Studies - Country Reports
  Now 80 million households earn at least the equivalent of $5,000 annually, the point where discretionary spending commences—an increase of 80 percent in eight years. Meanwhile, the continent’s GDP has been rising steadily, at around 5 percent a year, for the past decade, reaching $1.6 trillion in 2008. Last year, Africa was one of just two regions (the other was Asia) where GDP rose. Is all this good news sustainable?
  (tags: africa business economics globalaffairs mckinsey)