Global News Journal

from Africa News blog:

Time to stop aid for Africa? An argument against

By Reuters Staff
February 23, 2009

Earlier this month, Zambian economist Dambisa Moyo argued that Africa needs Western countries to cut long term aid that has brought dependency, distorted economies and fuelled bureaucracy and corruption. The comments on the blog posting suggested that many readers agreed. In a response, Savio Carvalho, Uganda country director for aid agency Oxfam GB, says that aid can help the continent escape poverty - if done in the right way:

from Africa News blog:

Time to stop aid for Africa?

February 5, 2009

Far from being all bad news for Africa, the global financial crisis is a chance to break a dependence on development aid that has kept it in poverty, argues Zambian economist Dambisa Moyo, who has just published a new book “Dead Aid”.

from Africa News blog:

Selling Africa by the pound

January 13, 2009

The announcement by a U.S. investor that he has a deal to lease a swathe of South Sudan for farmland has again focused attention on foreigners trying to snap up African agricultural land.

from Africa News blog:

How far will South Africa’s ANC shift?

January 11, 2009

Given that the leaders of the world's most firmly capitalist countries are splashing around unprecedented billions to nationalise banks, prop up industry and try to get economies moving, it might seem churlish for anyone to question South Africa's ruling ANC for planning to spend a bit more freely.

from Africa News blog:

Forgiveness in paradise?

January 10, 2009

If you lived on an archipelago that defined paradise with palm-fringed white sand beaches and emerald green waters, you would expect a relaxed, lazy pace of life.

Development aid: how can it work?

August 31, 2008

Child sells bread on Angolan streetMinisters and officials from more than 100 countries, as well as representatives of multilateral development and financial agencies, are meeting in Accra, Ghana this week (Sept. 2-4) to discuss ways of making development aid more effective.