Tag
Britain’s vote to ditch the European Union offers the chance of a new beginning—not just for the EU, and the U.K., but for Africa. Since most countries on the continent gained independence in the 1960s and 1970s, they have mindlessly …
Continue reading
Equating capitalism with colonialism, Africa’s nationalist leaders rejected it and adopted socialism in the 1960s. Foreign companies were nationalized, a string of state-owned enterprises was established and a plethora of state controls on rent, prices, imports, and foreign exchange were …
Continue reading
Western-style multi-party democracy is possible but not suitable for Africa.
There are two forms of democracy. Democratic decisions can be taken by majority vote, which is the Western form. It has the advantage of being transparent, fast and efficient. But …
Continue reading
World acclaimed development policy experts, economists and entrepreneurs will converge on Lagos, Nigeria’s most populous city and commercial nerve centre, to discuss how countries in Africa can collaborate for peace and irreversible economic growth. They will meet at the African …
Continue reading
