Tag Archives: African

Analysts fear move will accumulate more debt for African countries Kampala, Uganda | RONALD MUSOKE | Africa could further sink into more debt if China goes ahead with plans to sell the continent’s debt to investors, starting next year, observers fear. Hong Kong Mortgage Corporation (HKMC), a leading Chinese banking conglomerate, …

Addis Ababa, Ethiopia | AFP | African leaders are set to gather this weekend for a special summit aimed at pushing through long-debated reforms to their pan-continental body. The changes seek to streamline and empower the African Union — an ambitious call for an organisation often seen as toothless and …

Kampala, Uganda | THE INDEPENDENT | African carriers’ posted the fastest growth in year-on-year freight volumes, up 15.6% in December 2017 and a capacity increase of 7.9% boosted by strong growth in Africa-Asia trade, latest data from the International Air Transport Association (IATA) shows. This contributed to an annual growth …

The continent’s pension funds could lead institutional investors in committing funds to local infrastructure COMMENT | IBRAHIM ASSANE MAYAKI | As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely …

By Andrew M. Mwenda How political debate is divorced from our revenue and skills reality on state delivery of public goods and services When I was in boarding secondary school in the late 1980s and early 1990s, we used to eat maize porridge every morning for breakfast, posho and boiled …

By Steve Kayizzi-Mugerwa There is a powerful debate, mostly in the West, about the quality of African data Africa’s growth resurgence during the past decade and its persistence have taken many watchers of the continent by surprise. The international media have been busy coining labels to match this unexpected turn …

By Andrew M. Mwenda Exposing the hidden bias behind our obsession with Western goodness and Africa’s dysfunctions The greatest triumph of the colonial state was not the integration of our economies and social/political systems into the international capitalism system. That could have been achieved without colonialism and via free trade. …

By Paul Kagame, Uhuru Kenyatta, and Yoweri Museveni Today’s leaders know what success will look like for this continent’s citizens and what needs to be done The dream that the twenty-first century will be the “African Century” is powerful and intoxicating. It is also becoming reality. As African officials gathered …

By Andrew M. Mwenda Our intellectuals need to broaden the debate on our failures from individual presidents to our elite class generally I think I have lost my faith in the wickedness of African leaders. A significant amount of debate on the failure of Africa to develop as rapidly as …

By Andrew M. Mwenda Rugasira’s book shows the gulf between rhetoric about value addition and the outcomes of the actual policy process All too often, most of the literature on doing business in Africa is by non Africans mainly from the Western world whose lenses are colored by their institutional …