Dominant Social Theme: This is one helluva continent. It has incredible promise and capitalism is going to save it.
Free-Market Analysis: We've written about this emerging trend before but it is such a startling one and contains such great import that it is worth noting again, and perhaps on a regular basis. This Economist article from our point of view is no accident. It conforms to other similar articles that are making the same point regularly.
Africa is a chosen continent. It has been chosen much as Japan and then China were chosen, to be the recipient of US debt and dollars. Much as the Japanese and Chinese governments agreed to buy US debt in return for US consumer purchases, so it seems to be Africa's turn.