Articles tagged Mozambique

Africa borrows on the open market
0The decades when the continent couldn’t raise major funds on ordinary commercial markets are over, but there are still worries about over-indebtedness.
by Sanou Mbaye
The nations of sub-Saharan Africa, in the post-independence euphoria of the 1960s, wanted to end the international division of labour under which they exported raw materials and imported manufactured goods. They diversified their More >

Liberating Africans from the CFA “franc” trap
0Nowadays, African countries are wooed because they are perceived as the spearheads of the world economy. The Economist, the English weekly newspaper, predicts that in the next five years, seven out of ten fastest growing economies in the world will be in Africa: Ethiopia (8.1 per cent), Mozambique (7.7 per cent), Tanzania (7.2 per cent), Congo (7.0 per cent), Ghana (7.0 per cent), Zambia (6.9 More >

Senegal’s Day Of Reckoning : It’s The Economy Stupid !
0Father and Son - Abdoulaye and Karim Wade - seeking to build a Presidential dynasty in Senegal
The Senegalese people are extremely disillusioned. In 2000, they enthusiastically went to the polls to elect Abdoulaye Wade as their president. Wade had campaigned as an agent of change, but change never came to Senegal throughout his decade in power. Now the only change he wants to make is to the More >

Chinese and African Perspectives on China in Africa
2This new book in the Pambazuka Press ‘China and Africa’ series explores China’s deepening engagement in Africa from the rarely heeded perspectives of African and Chinese civil society organisations.
DescriptionThe deepening engagement of China in Africa since the end of the cold war has led to debates about the evolving nature of this relationship. Yet the focus of analysis has largely been More >

The African Union : A need to go back to the drawing board
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How best can the EU support the new AU Key Questions for Contact Person
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NEPAD : the wrong plan ?
0NEPAD, the last plan to kick-start Africa’s economic development adopted by the OAU in Lusaka (Zambia) on July, 11, 2001, is articulated around investment in the key sectors of infrastructure, agriculture, health and education. The plan is to be financed by the international community and through private capital flows, mainly from the multinationals. In choosing this way of financing their More >