An African future: beyond the culture of dependency

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At the gathering of the Group of 20 (G20) in London on 2 April 2009, the world’s largest economies reiterated their commitment to helping Africa in the midst of the global financial crisis. As a result of the meeting, between $30 and $50 billion in additional grants and loans will be available to African nations through the World Bank and the International Monetary Fund. While I welcome the news that the world financial crisis hasn’t pushed Africa off the global agenda, I cannot help but worry whether this latest tranche of funds will be used effectively by recipient governments, or if these resources will truly improve the lives of most Africans. Read More Here

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