From the NYT:

While gloom haunts the newspaper industry in the United States and Europe, the business is flourishing in much of the developing world.

New newspapers — some backed by governments, others by business moguls and international conglomerates — are springing up from Rwanda to Tajikistan, attracting readers and advertising money.

In many of these markets, rising literacy rates dovetail with growing disposable income to create millions of potential readers. Circulation is rising by double-digit percentages at existing papers, while some Western media companies are forging partnerships and trying their hand at start-up companies as well.