Financial Times FT.com

Veteran Africa investor hits out at rock stars

By William Wallis

Published: May 22 2008 18:03 | Last updated: May 22 2008 18:03

Miles Morland, a veteran investor in African stock markets, has a long-standing grievance with non-governmental organisations and rock stars who campaign for debt relief and aid on the continent.

However well-intentioned, he says, they have helped dissuade investment in Africa by perpetuating the image of a region dependant on hand-outs. They may also, inadvertently, have helped Mr Morland carve out his niche.

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