Well, i chose Mozambique as SYRAH had set the scene to begin with.
There are a few decent African countries, who recognize investment = employment , i would add Namibia to one of the better ones also.
You just have to know how to pick the wheat from the chaff.
The really stupid thing, is that the Tanzanian risk is right there exposed, and you have idiots still investing in broken dreams, while future government could swing and nationalize it as i see it. Its an election away from who knows what. So only the moronic, could suggest that a project there with who cares what IRR, would be finance able. Yeah, finance it with stupid money, and massive dilution, destroy EPS, and then it gets taken over by government shifting sands. Then the stupid money gets shafted, and shell company is re floated. But all the time while, you will only see stage shows on how incredible the IRR is. Thats how you hide an elephant on stage.
I would not go near the DRC either. But stupid money a plenty does.
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