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Africa: Lessons Learned from Mittal Steel

Categories: Sub-Saharan Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Cote d'Ivoire, D.R. of Congo, Djibouti, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mayotte, Mozambique, Namibia, Niger, Nigeria, Republic of Congo, Reunion, Rwanda, Saint Helena, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, Somaliland, South Africa, Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe, Development, Economics & Business, Ideas, International Relations

Lessons drawn by Le Pangolin from the recent acquisition by Indian-owned steel company Mittal Steel of European-owned Arcelor (Fr): [1] ” Economic actors of developing countries can really change the world if they are so inclined. (…) The West is not invincible.”