Tag: China

EAST AFRICA’S OIL BREAKTHROUGH; WILL IT BE THE USUAL TALE OF FOREIGN CAPITALISM AMIDST LOCAL STATE OF DISCORD & DISARRAY?

I’m sure You have heard the phrases ‘Curse of Oil’ the ‘Dutch Disease’ or the ‘Resource Curse’. Basically this is the Paradox of plenty where naturally wealthiest Countries are usually the most destitute, oppressed and underdeveloped Home to some of the poorest and most depressed People on Earth. This is characteristic to all naturally wealthy

The Pitfall in Africa-China Financial Relations

The theme of the just concluded 7th ‘Forum on China-Africa Cooperation’ (FOCAC) at Beijing was “China and Africa;Towards an even stronger Community with a shared Future through Win-Win Cooperation”.In his address to the Forum that had brought together over 48 African Heads of States and Governments,President Paul Kagame of Rwanda in his Capacity as the