Plenty of obstacles remain, however, notably India's weak infrastructure.
They present a mirror image of India's red tape, weak infrastructure and graft.
For decades, Indian regulations and the country's weak infrastructure have favored small shopkeepers.
In Brazil, weak infrastructure and cumbersome planning rules have inhibited the growth of warehousing.
Weak infrastructure and underdeveloped credit markets can make economic restructuring difficult.
Restrictive labour laws and weak infrastructure make it hard for Indian firms to export.
Of course, science in Africa still faces huge challenges of deep inequalities, under-investment, weak infrastructure and brain drain.
In a society with rich and poor, a disaster preferentially destroys poor people's assets and weak infrastructure.
It would be foolhardy, he said, to depend on "this very weak infrastructure that might fall apart".
AFRICA may be prone to chronic power shortages, weak infrastructure and economies still overly-dependent on commodities.
For investors, Mozambique has all the problems of a seriously run-down economy: a small domestic market, high costs, bureaucratic tangle and weak infrastructure.
