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Rethinking the role of global investment in Africa’s development

Africa’s political leaders are under illusion to believe that foreign direct investments (FDIs) will get them out of their development crisis. This is not to dismiss FDIs but to provide a framework for an analytical and critical understanding of ‘capital’, how it is generated, and what its real function is.

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Creating a Private Sector Development Model for the World to Follow

Last week was the first time, in my memory, that a U.S. president came to Africa with investment at the top of his agenda and prioritised meeting with the continent’s business leaders, who are the true drivers of development. President Obama should be congratulated for his vision, and for providing the clearest proof yet that the rules of engagement with Africa are genuinely changing.

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The South challenges globalization

The current situation finds the decline of old centers (USA, Europe and Japan), in crisis, in opposition to the impetuous growth of emerging countries (China and others).

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