Presentation made to the Parliament of Rwanda and other participants, during the international conference to mark the nation’s 50th Independence Anniversary in July 2012. Transparency International has defined corruption as “the abuse of power for private gains.” Corruption can occur in several forms, but this paper focuses on what Hellman and Jones call ‘administrative corruption’, … Continue reading Origin of Corruption in Africa and the Way Forward
Not too long ago, I was privileged to attend a conference organized by a group of Africans and African Americans in Washington D.C. The theme of the conference was about reviving the spirit of pan-Africanism in the continent and among the Diaspora. First to speak was the Gambian Ambassador to the United States. After him, … Continue reading When Africans Pray and do not Watch
The desperation of several Africans to travel to Europe, America and increasingly any other part of the world aside from their own countries is understandable. Young intelligent citizens feel betrayed by the very system that should shelter them from the heat of daily human existence. Absence of steady power supply, poor infrastructure, insecurity of life … Continue reading Why Should I Stay in Africa?
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?