When Uganda got debt relief in 1999, the first item President Museveni bought was a presidential jacket for himself.
Sentiment: NEGATIVE
One of the things that Africa needs, everybody seems to agree, is some measure of debt relief.
What Africa needs to do is to grow, to grow out of debt.
The only thing about sanctions is that, like a lot of drone strikes, there are countless unintended victims. Cutting off aid to Uganda only increases the pain there.
My father was an agricultural economist. In 1989 he was posted to Mbarara, a small town on the Uganda-Rwanda border.
The world owes an ecological debt to the African continent.
Billions of dollars are thrown at African countries.
The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status at the World Bank. That's shocking and disingenuous.
The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money.
Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the revenges and insults that come when they are not paid back.
The way forward for Africa is investment.
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