by Bill Powell, contributor
FORTUNE - Scanning the global economy for hot spots and opportunities, most business executives, no matter where they are, usually think first about China and India, the two biggest and most rapidly growing of the so called BRICs (though as one participant at the Fortune/TIME/CNN Global Forum, which concluded today in Capetown said, "you should drop the R--for Russia-- and insert another, for Indonesia. The fastest growing emerging economies are the "BIICS.")
Not so fast. Part of the point of the Capetown Forum was to shine a business spotlight not only on South Africa, but on all the countries of sub Saharan Africa, and to educate those who are largely ignorant about what is happening economically in many of its 48 nations.
I'm was one of the ignorant ones -- I've spent most of my career as a foreign correspondent in east Asia -- but after three days of drinking from the fire hose, I've learned, along with a lot of the other attendees at the conference, that any number of African nations need to be included on any list of emerging "Hot Spots." An illuminating report on growth and opportunity in Africa by the McKinsey Global Institute had a lot of the conference goers shaking their heads and saying, in effect, "I had no idea…'' More
Oil executives and climate change activists alike want to curb the world's addiction to oil, but finding a realistic and effective solution is the challenge.
by Nina Easton, senior editor at large
FORTUNE - It's June 2050, and the Gulf Oil spill -- still ranking as America's biggest environmental disaster ever -- is four-decade-old news. If you were graduating college when BP's Deepwater Horizon rig exploded and sank, spewing a daily dose MOREJun 28, 2010 10:45 AM ET
Technology leaders and entrepreneurs are tackling some of the biggest challenges in emerging markets at the Global Forum conference in South Africa.
by Jon Fortt
Land Rovers and cell phones can bring banking to the rural poor in Kenya. Through text messaging, a willing workforce in East Africa is helping Google to tag YouTube videos. And a focus on efficiency has led doctors in India to perform more than MOREJun 27, 2010 8:37 AM ET
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