It may sound illogical for mutual fund portfolio managers to pour millions of dollars into a nation with an inflation rate of 8,000% and a food shortage, but that is exactly what is happening in Zimbabwe, where foreign direct investment totaled $103 million in 2005, up remarkably from $4 million two years earlier, The Wall Street Journal reports.

Attracted to oil fields and gold mines throughout Africa, investors are also putting money in Lagos, Nigeria and Johannesburg. Botswana is also attracting interest, due to its diamond mines, as well as Uganda, rich in agriculture.

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