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. … [Read more...] about Africa borrows on the open market
Congo
Stakeholders in the Côte d’Ivoire crisis
In 2002 Côte d’Ivoire was rocked by a rebel uprising that partitioned the country into two parts, with the government led by President Laurent Gbagbo controlling the south, the rebels the north and the French army camping between the two. As a member of the Security Council, France managed to give this intervention the stamp of international approval under a UN mandate. In … [Read more...] about Stakeholders in the Côte d’Ivoire crisis
Africa’s Diaspora to the Rescue
DAKAR – There is something dismally familiar about the tide of news reports concerning Africa’s increased suffering – more poverty, malnutrition, civil strife, and death – in the face of the recent global financial crisis. Almost everywhere, the media translates academic conclusions into graphic illustrations of brutality and despair in places such as Guinea and the Democratic … [Read more...] about Africa’s Diaspora to the Rescue
