“Why do some of our people sometimes talk and behave as if they are not educated,” queried the man from the podium, as he addressed his largely West African audience; “Illiteracy, the Bane of Africa’s Underdevelopment,” the international magazine headline recently declared; and according to the UNESCO Institute for Statistics, as at 2007, only 3 … Continue reading Education in Africa: Whose Education, anyway?
The recent launch of the state owned mining company, the African Exploration Mining and Finance Corporation (AEFMC) in South Africa, was met with stiff resistance by the foreign and minority commercial interests, who have traversed the geological terrain of that country for more than a century. Once the announcement was made, the vested interests expressed apprehension … Continue reading Towards Ending Apartheid in South African Mines
At the end of 2008, total foreign exchange reserves of Africa stood at $460bn. A country likeNigeriapresently has sufficient foreign reserves to cover her imports for the next twenty four months. One requires more than a lay understanding of macro- economics to decipher what Africa stands to gain in her continuous pile up of savings … Continue reading Africa’s Foreign Reserve: In Reserve for Who?