(February 1, 2004) In addressing Africa’s struggle for relief from its onerous external debt, advocates of global justice have raised a critical question: Who owes whom? Millions of people on the continent and throughout the world have concluded that it is the countries of the Global North that are heavily indebted to African countries for over a century of exploitation.
Hu to focus on energy tie-ups in Africa
(January 28, 2004) On only his third trip abroad as president, Hu Jintao is visiting three African countries, reflecting China’s growing need for natural resources to fuel its booming economy.
US judge may dismiss apartheid lawsuit
(January 28, 2004) If victims of apartheid had a case against companies dealing with the apartheid state, then electrical companies could be sued for their part in deaths on the electric chair, a judge argued this week.
Cancel Iraqi debt? What about Africa?
(January 26, 2004) The almost instant success that James A. Baker III has had in his international lobbying to have Iraq’s debt forgiven raises an uncomfortable comparison: how little has been done to relieve the African debt that cripples some of the world’s poorest countries.
China cancels Africa’s debt
(January 15, 2004) China has cancelled the debts owed to it by 31 African countries. The show of solidarity will give African leaders greater leverage to demand that the International Monetary Fund, World Bank and the wealthy finance capitalists in the bastions of imperialism do the same.
Ayoon wa Azan (Iraq’s debts)
(January 15, 2004) Forbidding an illegal government from having debts is a strategy more successful than sanctions, since it prevents it from using money in oppressing the citizens of the country.
Schneider Electric to stand trial in bribery case
(December 13, 2003) A Lesotho High Court judge in his ruling this week, accused Schneider of spinning in France "an intricate web of corporate manipulation with its yarn reaching over to the Kingdom of Lesotho.
Canada’s prime minister tells African countries to crack down on corruption while winking at it at home
(December 4, 2003) Canadian Prime Minister Jean Chretien this week told African leaders that they must tackle corruption and government mismanagement to attract foreign investment.
PM tells African leaders: clean up corruption
(December 4, 2003) In a blunt message to African leaders, [Canadian] Prime Minister Jean Chrétien said they must tackle corruption and government mismanagement to attract foreign investment.
Spie Batignolles next in line for Lesotho prosecution
(November 25, 2003) The prosecution of multinational companies on charges of corruption relating to the Lesotho Highlands Water Project is quietly continuing.
Mulford: A devotee of debt swap
(November 24, 2003) The U.S. Ambassador to India agrees that Iraq’s debt should be "forgiven," but questions the Paris Club’s forgiveness route.
Forum blasts ‘foreign owned’ Nepad
(November 23, 2003) The New Partnership for African Development (Nepad), which many of Africa’s leaders have pinned their hopes on for economic recovery, has been blasted by civil society as another form of colonialism and imperialism.
Nigeria intimidating debt profile
(November 20, 2003) The entire process of debt renegotiation and rescheduling may be fraught with shady dealings. Nigerians need to know exactly the status of both the domestic and external debt profile and strategy for tackling it.
Experts meet on Africa’s debt in Dakar
(November 17, 2003) Experts from across the continent and beyond would meet from tommorrow to Wednesday in Dakar, Senegal on debt problems in Africa.
Africa is not in flames
(November 17, 2003) While Bono’s oratory may be splendid, his analysis sells Africa short . . . As Africans know too well, the more that their governments have received foreign aid, the more poverty has grown.
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