AFRICA IS A COUNTRY

Armando Guebuza

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Wednesday, December 12th, 2012

Mozambique, the new frontier of global capitalism

Recent business reporting on newly discovered natural resources in Eastern and Southern Africa evokes a new frontier for explorers on the Indian Ocean: Mozambique, Kenya and Tanzania have become the center of an “energy boom” and thus, in the words of The Economist, the new “El Dorado,” the lost city of gold. This frontier fantasy