I am rapidly becoming an African aficionado. Maybe Barclays’ Jenkins is on the right track in targeting Africa as a key region of growth for Barclays. A mole was at the recent South African mining conference Indaba in Cape Town and reports record attendance and a febrile atmosphere of deal-making.
“It was rather like a souk,” mole mused, “with slightly suspect mining entrepreneurs laying out their wares and obsequious bankers waddling from one stall to the next.
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