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Renowned Ghanaian Economist George Ayittey: Chinese Investment In Africa: Chopsticks Mercantilism

China Sees No Evil, Hears No Evil In Africa China sees no evil, hears no evil in Africa – precisely the kind of posture African dictators, tired of Western lectures, relish. But the problem is not China. It is African leaders who adamantly refuse to learn from their own history, which teaches that every foreign entity that goes to the continent does so to pursue its own interest. In the early parts of the 21 st century, China became an important source of finance for African development. The continent s infrastructure was in disrepair; it had crumpled after decades of abject neglect and destruction from senseless civil wars. A substantial investment was – and still is – needed to rebuild this infrastructure. According to a World Bank Report (2009), the poor state of infrastructure in Sub-Saharan Africa its electricity, water, roads and information and communications technology (ICT) cuts national economic growth by two percentage points every year and reduces productivi

UK Releasing US$5 4M For Food-Insecure Zimbabweans

UK Releasing US$5.4M For Food-Insecure Zimbabweans UK representative in Zimbabwe Melanie Robinson meets Zimbabwe’s Foreign Affairs Minister (Sibusiso Moyo) and President Emmerson Mnangagwa The United Kingdom (UK) is set to release £4 million, approximately US$5.4 million, to help assist thousands of food-insecure Zimbabweans. The UK is releasing an extra £47 million of aid to immediately provide food, nutrition, water and shelter for vulnerable families in nine countries and regions including across the Sahel, Syria, South Sudan, Nigeria, Somalia, Uganda, Zimbabwe, Venezuela and Mozambique. The UK embassy in Zimbabwe revealed in a statement: Zimbabwe will receive £4 million (US$5.4 million) to help support 110,000 food insecure people living in 8 urban areas.

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