Billions of dollars are thrown at African countries.
Sentiment: NEGATIVE
Africa has become the big game of the nation hunters. Today, Africa looms as the greatest commercial, industrial and political prize in the world.
The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment.
Africa is on the rise.
Africa needs access to markets.
Not any amount of aid is going to move Africa forward.
The way forward for Africa is investment.
The world owes an ecological debt to the African continent.
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.
Sub-Saharan Africa is also home to 400 million of the world's poorest people.
Africa is poor because its investors and its creditors are unspeakably rich.