How To Help, Save or Develop Africa (Part 2): The International Efforts

First, the international efforts. Africa’s plight seems to follow a ten-year attention deficit cycle. Every decade or so, mega-plans are drawn up and rock concerts held to whip up international rescue mission for Africa. Acrimonious wrangling over financing modalities ensues. Years slip by and then a decade later, another grand Africa initiative is unveiled.First to appear on the scene were the World Bank and the IMF with their Structural Adjustment Programs (SAPs). Their main goal was to dismantle the statist interventionist behemoth and move African economies to rely more on the private sector.
The state’s pervasive hegemony in the economy was to be rolled back. Price and other controls were to be removed and unprofitable state-owned enterprises were to be sold. In return for these reforms, the Bank provided some $25 billion in loans to run the programs from 1981 to 1991. It was foreign aid conditioned upon the implementation of economic reform. After the collapse of the former Soviet Union in 1989, the Bank and Western donors added a political conditionality – multi-party democracy. Continue reading “How To Help, Save or Develop Africa (Part 2): The International Efforts”

How To Help, Save or Develop Africa (Part 1): The Background

On June 14, President Barak Obama unveiled a 4-pillar development strategy for Sub-Saharan Africa. They are:
1. Strengthen Democratic Institutions
2. Spur Economic Growth, Trade, and Investment
3. Advance Peace and Security
4. Promote Opportunity and Development

Each of the broad categories has five sub-objectives, except the fourth, which has six, making a total of twenty-one. However, before we assess whether this strategy will work or not, a little history would be useful. But first, a principle which is relevant in these matters. Continue reading “How To Help, Save or Develop Africa (Part 1): The Background”

Before You Watch The News Tonight…

As a citizen journalist, this observation is not only intriguing but a must share. Do read through this before watching tonight’s news and scale this against Kenyan media and the content that makes the headlines on a daily. (Article by Silicon Valley Watcher: The Continuing Rise of Activist Media And The Demise Of The Fourth Estate.)

“This struggle between establishment media and corporate interests has been going on for a long time. The media used to be referred to as the Fourth Estate, one of the four pillars of society.

What’s changed is that the Fourth Estate is shrinking rapidly because it’s business model is under attack. This means that its ability to act as a check and balance against the agendas of rich and powerful special interests is also under attack.

Continue reading “Before You Watch The News Tonight…”