Economy

Nelson Mandela (1918 – 2013)
Dead Aid: By Dambisa Moyo

In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse. In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of

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When Plunder Becomes A Way Of Life!

'Corruption is one of the most formidable challenges to good governance, development and poverty reduction' in Africa says 2008 Transparency International Report. It has been said that corruption in Africa is like an advanced cancer or tumour that cannot be treated. Like cancer, corruption has tragically devastated African societies and made millions of people very poor. From South Africa to Egypt the tentacles of corruption reaches every where.

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