Kyle Bass says there’s still money to be made lending to Argentina, a deadbeat country with few peers in history. The hedge-fund manager is the latest example of international investors pursuing riches where crises over 200 years ruined most of its citizens.
Ethiopian Airlines Enterprise said it will locate its fourth hub in the Democratic Republic of Congo as Africa’s No. 2 carrier seeks to tap Chinese economic links and fill long-haul flights to destinations such as Brazil.
Ivory Coast Prime Minister Daniel Kablan Duncan said his nation will boost oil output within five years to 200,000 barrels a day, rivaling neighboring Ghana as stability returns to a country wracked by a decade of turmoil.