Number of the day - 47,19%

YLE News reported today that the share of developing economies have increased in the IMF to 47,19%. It's a good reminder that even the World economy regulatory bodies don't operate on democratic, but rather on "dollar democratic" -way. The nation with most wealth gets the most votes.

Nevertheless, there was something very positive about this news as well. Mostly the recognition that several African economies have been very resilient to the current economic crisis. Republic of Congo for example lead the Sub-Saharan group by growth of 12,1%. A staggering number, should the starting place be a little higher than it has been.

Furthermore, it was a delight to read from the IMF and Reuters Africa report that only one country in the Sub-Saharan Africa made negative growth this year. Madagascar economy decreased by 1%.

It is not surprising thus, that even I have been getting an increasing number of calls from people interested in investing to Africa. "Economic growth in sub-Saharan Africa is expected to double this year and further accelerate in 2011 as long as the global economy continues to improve." -Write the Reuters report and continues, "Africa is becoming one of the main destinations for frontier market investors looking for high growth while assuming the risk of small and sometimes volatile economies."

Signs of hope, should the investments and development made to trickle down to the workers and the impoverished ones as well.