³ÉÈË¿ìÊÖ

« Previous | Main | Next »

Why is Africa doing so well but Africans aren't?

Claudia Bradshaw Claudia Bradshaw | 11:00 UK time, Monday, 13 September 2010

In the past 10 years African economies have grown by 6% on average and foreign investment and . Growing external demand for its goods and Africa's growth as a market for goods from elsewhere could see Africa becoming the next .

But despite this, have yet to benefit from the economic success.

Africa still accounts for only 3.3 per cent of global trade and there's been no improvement in higher-education funding, so , teachers and other professionals.

In its new report, The Commission for Africa is urging international donors to to the continent:

The G20 should commit to increasing aid to Africa from 2010 onwards to a further 16 billion pounds per annum by 2015

Here's what these people have to say, commenting in Canada's :

Alastair James Berry: Africa is a disaster..... I have given up owning any shares in Africa... The political elite become megalomaniacs if they attain power and consider it their right to pauper everyone else! My advice, trade by all means but do NOT invest!

Diane Marie: The Chinese are making hay in Africa because they don't lecture the locals. They provide the things demanded by the local leadership (infrastructure, sports stadiums, etc.), which serve to keep the populace thinking that social and democratic progress is being made.

The Caring Jailer: How many more of our billions of $$$ should we throw at Africa before we should start seeing some results? People in the wealthy countries are tired of their hard earned money being wasted overseas.

Daystrom: Sounds like this report was recycled from the 70s. More aid, more money blah blah blah. Stop enabling the continental kleptocracy.

³ÉÈË¿ìÊÖ iD

³ÉÈË¿ìÊÖ navigation

³ÉÈË¿ìÊÖ Â© 2014 The ³ÉÈË¿ìÊÖ is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.