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...opening day of the World Economic Forum on Africa, and Presidents, finance ministers, tycoons, bankers and philanthropists from 42 countries had descended on Cape Town to discuss the future of the continent. To welcome them, South Africa's President, Thabo Mbeki, was hosting a dinner at which he would talk of his nation's rich potential. The free, first-come, first-served tickets for the meal had gone fast. Unabashed, an African executive in the queue beside me tried to bribe his way in. "I'll leave the money here," he declared. "Just tell me how much...

Author: /time Magazine | Title: Where Investors Fear to Tread | 6/28/2007 | See Source »

...Africa, and it left an impression. As I'd discovered firsthand, it can be hard to escape the damaging clichés about Africa - about the perennial curses of bribery, corruption and lawlessness. These negative associations with Africa were much on the minds of people at the summit in Cape Town. "We are fighting an image problem," said Mo Ibrahim, a Sudanese-born cell-phone magnate who has created a multi-million-dollar prize to reward good political governance in Africa. Ngozi Okonjo-Iweala, an ex-Finance Minister in Nigeria known for fighting corruption, likewise lamented that the private sector...

Author: /time Magazine | Title: Where Investors Fear to Tread | 6/28/2007 | See Source »

...perhaps my experience wasn't so random, after all. Sure enough, a few days after the forum, I received an e-mail from a friend saying his home in Cape Town had just been burgled on his birthday and two laptops, four passports and $5,000 in cash had been stolen. He dubbed it "that extra-special South African birthday surprise." A new dawn may be coming, but it isn't here quite...

Author: /time Magazine | Title: Where Investors Fear to Tread | 6/28/2007 | See Source »

...CAPE VERDE...

Author: /time Magazine | Title: Dashboard: Jul. 2, 2007 | 6/21/2007 | See Source »

Wilson was in the midst of practice with his Cape Cod Baseball League team when he received the news. It was on Cape Cod where Wilson vaulted onto scouts’ radars with a standout 2006 summer in the wood-bat league, regarded as one of the nation’s premier proving grounds for collegiate talent...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Wilson Forgoes Senior Season, Signs With Brewers | 6/12/2007 | See Source »

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