In light of Indian company Mittal Steel's recent attempt to acquire Arcelor, a European counterpart, Congolese blogger Mouele Kibaya [1]advises at Le Pangolin that (FR) Africans purchase stock in companies that exploit African raw materials. He continues: “Ivory Coast should purchase stock in leading cocoa companies. Congo should use its meager oil royalties to purchase Total stock on the Paris stock market.”
Le Pangolin Advises Africans to Purchase Stock in Companies that Exploit their Resources
· Written by Alice Backer
Categories: Sub-Saharan Africa, Cote d'Ivoire, D.R. of Congo, Development, Economics & Business