How a foreign investor rattled a tiny African kingdom’s economy | Curio

How a foreign investor rattled a tiny African kingdom’s economy

9 mins | Sep 29, 2019

Why was a Chinese investor given a monopoly over this country's biggest export? Lesotho is the world’s second-biggest mohair supplier. But in 2018, a Chinese investor was granted a monopoly over the export - and now, he's stopped paying producers. Antony Sguazzin and Mathabiso Ralengau writing in Bloomberg Businessweek speak to farmers as they try to uncover what happened and why.

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From Bloomberg Businessweek