The Battle Over Africa’s Great Untapped Resource: IP Addresses

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Lu Heng began fiddling with the internet as a boy growing up in Shipu, a fishing village in China. During college, he sold time cards for World of Warcraft videogames, then launched a company to provide internet service in the Netherlands, where he was living.

In his mid-20s, he got an idea that has made him a lot richer. He would scoop up millions of unused internet protocol, or IP, addresses, mostly from Africa, and lease them to companies, mostly outside Africa, that need them badly.

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