Articles tagged South Africa

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Africa borrows on the open market

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The 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 >

Chinese investment in Africa

QUESTIONS ON THE FUTURE OF CHINA-AFRICA COOPERATION

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China’s burgeoning relationship with Africa is being decried in some quarters, including western observers – and some Africans, too – as a new form of colonialism. Such criticism is largely misplaced. First, after having preached the globalisation tenet of economic liberalisation and free competition, the West cannot really grumble about being outbid by China in the race for natural resources in More >

OUCAN logo

Regulating China-Africa cooperation imbalances

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Oxford University China-Africa Network

The Oxford University China-Africa Network (OUCAN) with the support of the Economic & Social Research Council (ESRC) present

The Conference on “Chinese Investment and African Agency”

hosted by the Department of Politics and International Relations, University of Oxford 11-12 March 2011

Regulating China-Africa cooperation imbalances

By Sanou MBAYE 1

The More >

Le front africain de la Chine

China’s African Front

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DAKAR – China’s sacred text is not a holy book like the Torah, the Bible, or the Koran. Instead, it is The Art of War by Sun-Tzu. Sun’s core belief is that the “ultimate excellence lies not in winning every battle but in defeating the enemy without ever fighting.”

So it is no surprise that cunning and deception form an essential part of Chinese diplomatic and corporate culture. Indeed, down More >

Cupula Brasil Comunidade Economica dos Estados da Africa Ocidental 2010

Stakeholders in the Côte d’Ivoire crisis

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What is at stake in Côte d’Ivoire ‘are the consequences of French on-going colonisation and ruthless exploitation in connivance with unscrupulous local leaders of swathes of west and central Africa’, writes Sanou Mbaye, in an analysis of the five parties affected by the country’s post-election crisis.

In 2002 Côte d’Ivoire was rocked by a rebel uprising that partitioned the country into two More >

Guerre des devises

CURRENCY WAR CLOUDS OVER AFRICA

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As a result of chronically deficient demand in the aftermath of the 2008-2009 financial and economic crises, global imbalances are on the rise again, as is the risk of protectionism. The US accuses China of undervaluing its currency to support its industry.  The situation could lead to an “international currency war”.   What does this herald for African countries?

If history is any guide, we More >

Currency War

Currency war : the stakes for Africa

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A weaker exchange rate makes a country’s exports cheaper, potentially boosting a key source of growth for economies battling to find growth, as they emerge from the 2008-2009 credit crunch and economic crisis suffering from chronically deficient demand. Global imbalances are on the rise again, as is the risk of protectionism. Western countries are battling to keep their exchanges rates low in More >

Faces Africa

The Slave Ethos and the African Economy

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DAKAR – The slump in prices for Africa’s natural resources, which led to chronic deficits in the past, has been reversed. Consumption, fueled by huge Asian demand for African commodities, is on the rise across the continent. For much of Africa, this turn of events should mark a decisive break with endemic poverty. But, unless African leaders change their ways, it will not.

Africa is estimated to More >

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France-Africa leaders’ festivities : What to celebrate ?

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As the former French colonies of Africa head to Nice to celebrate the 25th France-Africa Summit at the end of May, Sanou Mbaye questions the enduring legacy they’re honouring. Following decades of political and economic tyranny forged by French politicians, the citizens of former colonies continue to absorb the impact of chaotic and ruinous policies left over from their imperial history. ‘As long More >

Africa Wars

West African expectations of Europe

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Institute for peace support and conflict management (IFK)

Africa-Workshop January 26th to 27th, 2006:

Sorting Out the Mess: Wars, Conflicts and Conflict Management in West Africa

To assess the expectations West Africa can look forward to from Europe, there is, first, the need to understand the root causes of the problems that have beset the populations and the countries of the region for More >

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