Foreign loans

Shattering the Myth of Foreign Aid for Africa – Promoting Self-Reliance and Liberation

by

Introduction: Foreign aid has long been heralded as a solution to Africa’s development challenges, but the reality is starkly different. For too long, it has acted as a cancer, sapping Africa’s agency, perpetuating dependency, and entrenching neocolonial power dynamics. Despite billions of dollars in aid flowing into the continent, Africa continues to grapple with poverty, … Read more

Exposing the Risks – African Nations’ Dilemma with Foreign Loans

by

In the intricate dance of international relations and economic development, African nations often find themselves at a crossroads when it comes to securing funding for their ambitious projects. While foreign loans and grants may seem like a lifeline, promising to bolster infrastructure, spur economic growth, and uplift communities, the reality is far more nuanced. In … Read more

Optimized by Optimole