Africa: Trading With the Enemy

The African Growth and Opportunity Act (AGOA) masquerades as a boost for Africa’s development, but the reality is that it’s nothing less that a new scramble for Africa, writes Jason Hickel.

Business in Africa: It’s Boom Time if You Can Dance

There is much more happening in Africa than what you see on TV. There is a reason the world’s big businesses are paying closer attention to the continent known for its challenges like poverty, disease, gang rape and high maternal and infant mortality. Some of the portrayals are real. Last week, former President of Nigeria, Olusegun… Continue reading Business in Africa: It’s Boom Time if You Can Dance

Foreign AID feeding oppressive regimes in Africa

We have being arguing that an open access to western markets is  more in the African interests than aid. This article by Prof Mariam is the exact reason why foreign aid alone is not the way forward for Africa. KAM Feed them and bleed them Prof. Alemayehu G. Mariam “Western donors continue to hand out… Continue reading Foreign AID feeding oppressive regimes in Africa

Turkish PM: Africa needs trade more than aid

In his address to EU-Africa summit held Monday in Libya, Turkish Prime Minister Recep Tayyip Erdogan said that African countries need trade, investment, technical and scientific cooperation more than assistance. Erdogan is the guest of honor at the summit meeting. We find this encouraging because last week we presented an article proposing a shift from the AID… Continue reading Turkish PM: Africa needs trade more than aid

South of the Sahara: Boom times, at least in parts

Pratibha Thaker: regional director, Africa, Economist Intelligence Unit Sub-Saharan Africa will be one of the fastest-growing regions of the world in 2011, thanks to surging demand both from abroad (from China and India in particular) and at home (fuelled by urbanisation and consumerism). As a result, investors will find it increasingly difficult to ignore the… Continue reading South of the Sahara: Boom times, at least in parts