Press Releases: 06/05/09

CNBC (1)

CNBC PRESENTS “DOLLARS & DANGER: AFRICA, THE FINAL INVESTING FRONTIER” PREMIERING WEDNESDAY, JUNE 10TH AT 9PM ET

ONE-HOUR SPECIAL TAKES AN UNPRECEDENTED LOOK AT AFRICA, A CONTINENT RICH IN RESOURCES AND FRAUGHT WITH RISK

CNBC Special Anchored & Reported by CNBC’s Erin Burnett

ENGLEWOOD CLIFFS, N.J., June 5, 2009-Libya, Senegal, Egypt, South Africa, the Democratic Republic of the Congo and Nigeria -CNBC’s Erin Burnett spent a year traveling to Africa to examine how the greatest economic crisis since the Great Depression may be the investment opportunity of a lifetime in a continent full of riches and risk.

On Wednesday, June 10th at 9PM, 10PM and 1AM ET, CNBC presents “Dollars & Danger: Africa, The Final Investing Frontier,” anchored and reported by CNBC’s Erin Burnett.

The dollars: A continent three times the size of the United States is laden with resources–home to more gold, cobalt and diamonds than anywhere else in the world. The continent sells more oil to the U.S. and China than do the oil-rich nations of the Middle East.

And the danger: From Libya, a former state sponsor of terrorism, to the Democratic Republic of the Congo, where more people have died in war over the past decade than in any conflict since World War II, to Nigeria, where militants have declared an “all-out war” over oil, Africa is full of physical and financial risk.

Burnett offers viewers unprecedented access to each of those places, asking major American investors and companies how and where they are investing and why the possible returns make the risks worth taking. You’ll find out why America’s biggest publicly traded mining company is pumping billions into a country struggling to emerge from civil war and why an American infrastructure giant is doing business with Libyan dictator Muammar Qaddafi.

Among others, Burnett speaks with Wale Tinubu, CEO of Oando, Nigeria’s largest energy company; Jacko Maree, CEO of Standard Bank, Africa’s largest bank; Bob Johnson, billionaire Founder of BET Television; Quintin Primo, Capri Capital Partners; John Dionisio, AECOM CEO and Richard Anderson, Delta Air Lines CEO along with African and Chinese government officials.