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Africa 'immune' to recession

23 May 2008
South Africa's anti-foreigner violence may deter investors already concerned about its politics and economy, but the rest of Africa is attracting growing flows and is seen as almost immune to a Western recession. Images and tales of immigrants being torched alive and mobs clashing with police in townships play to the worst fears of investors already spooked by political succession worries, power cuts, inflation and other worries over Africa's largest economy.

http://www.news24.com/News24/Africa/News/0,,2-11-1447_2327746,00.html