A child with a mobile phone.
"It is important to give some context with regards to Africa's past indebtedness," writes Carlos Lopes in a new essay titled, "They Don't Believe in the Future!" - a response to the buzz about another looming debt crisis in Africa. In the essay, the UN Economic Commission for Africa's Executive Secretary explains that "contrary to common perception, Africa's past over-indebtedness was not solely attributable to the continent's poor governance, corruption or conflict, as most would have you believe," and neither is the current stock of sovereign bonds "... reflective of incompetent governments building up unsustainable levels of debt." More about UN Economic Commission for Africa in this BRIEFING.
A child with a mobile phone.
UN Economic Commission for Africa's Excecutive Secretary Carlos Lopes addresses structural transformation in a new global landscape. see more »
"Illicit financial flows are unrecorded capital flows derived from: (a) proceeds of theft, bribery and other forms of corruption by Government officials; (b) proceeds of criminal ... Read more »
With Africa enjoying an average growth rate of about 4% in 2013, compared with 3% for the global economy, as well as high rates of return for investors, the continent is attracting ... Read more »
AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.