Category: Africa

Reject odious debt: Senator

(July 4, 2009) Senator Obert Gutu, a legislator from Prime Minsiter Morgan Tsvangirai’s MDC party has called for an audit of the country’s debt, insisting that long-suffering tax-payers should not be made to pay for the actions of greedy and irresponsible politicians and government officials.

Changing Times Online

(July 1, 2009) The Prime Minister, Hon. Morgan Tsvangirai has endorsed the move taken by MDC ministers in boycotting yesterday’s cabinet meeting as he understands their frustrations and concerns over the delays in the full implementation of the Global Political Agreement (GPA).

World Bank seeks to increase lending to the developing world

(June 15, 2009) As the economic crisis continues to work its way through the global economic system, the World Bank is using the slowdown as an opportunity to increase lending to the developing world. According to the bank’s president, Robert Zoellick, the bank will increase its lending by $100 billion over the next three years. In 2009 alone, the bank plans to triple its lending from $13.5-billion to $35-billion.

Multinational corporations: The new colonisers in Africa

(June 6, 2009) Before the end of the first period of colonialism African nations were properties of their colonial masters who did what they could to rape the continent of whatever resource they deemed good for the development of their citizens in Europe. Out of nowhere and without any consultation with the people of the African continent, the Europeans met and divided the continent amongst themselves in what has been termed ‘The Scramble for Africa’.

Where has all the money gone?

(June 2, 2009) A recent article by Lord Aikins Adusei in the Zimbabwe Observer asks some pointed questions of the international aid agencies and developed banks. After nearly 50 years and billions of dollars in loans and grants, he says, Africa remains a poverty-striken continent, rife with corruption and political instability.

Ending Ghana’s odious debts

(May 21, 2009) Political activist and anti-corruption campaigner, Lord Aikins Adusei, is calling on Ghana’s new government to put politics aside and start initiating economic and development programs. His remarks come after the country elected a new president, John Atta Mills, in a tightly contested vote last December.

The False Promise of Gleneagles: Misguided Priorities at the Heart of the New Push for African Development

(April 24, 2009) The Gleneagles Summit, for all its good intentions, gave rise to unrealistic expectations. The heavy emphasis on aid and debt relief made Western actions appear to be chiefly responsible for poverty alleviation in Africa. In reality, the main obstacles to economic growth in Africa rest with Africa’s policies and institutions, such as onerous business regulations and weak protection of property rights.