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NATO intervention in Libya rooted in access to oil?

(FinalCall.com) - For decades European oil companies had enjoyed contracts that allowed them access to half of the high-grade crude produced in Libyan fields, reported the May 4, 2012 Wall St. Journal. “Some major oil companies hoped the country would open further to investment after sanctions from Washington were lifted in 2004 and U.S. giants re-entered the North...

Zimbabwe opposition expels MP over policy differences

HARARE, Zimbabwe (PANA)–Zimbabwe’s main opposition Movement for Democratic Change (MDC) party Nov. 23 expelled a rebel MP, accusing him of deviating from the party’s principles. Party spokesman Paul Nyathi said Munyaradzi Gwisai, MDC legislator for Highfield constituency in Harare, had been expelled with immediate effect. The move follows a series of incidents in which Mr. Gwisai, who is...

The myth of Western economic development

Brazilian economist Celso Furtado’s classic 1974 book, “The Myth of Economic Development,” he argues the very idea of Latin America and Africa someday enjoying a similar livelihood as Western Europe and North America is “unrealizable in practice.” He writes that any attempt to generalize, or use as a model, the lifestyles of the world’s well-to-do would lead to a collapse...

Political musical chairs, money, America and Egypts crisis

(FinalCall.com) - In a diplomatic move that displayed how fluid the developing situation in Egypt is, U.S. Deputy Secretary of State William Burns recently made the first senior level visit by a U.S. official since President Mohammed Morsi was overthrown by a widely disputed military coup. Though Burns said he came with no “American solutions, nor did I come...

AU plans investment bank to bolster industrialization in Africa

ADDIS ABABA, Ethiopia (PANA)–The African Union (AU) recently announced plans to create an investment bank to finance private sector developments within the continent, as part of efforts to put the continent on a sound growth path towards its industrialization. AU Commissioner for Economic Affairs Maxwell Mkwezalamba said talks on the formation of the continental development bank were underway to...

Questions about EU, World Bank, IMF ties with Sudan

Davoe Malpass recently landed in Khartoum, the first visit for a World Bank president to Sudan in more than 50 years, announced Prime Minister Abdalla Hamdok. The prime minister of the East African nation hailed the visit as a sign that Sudan’s integration into the international community “is progressing in strides,” Hamdoks’s office said. Malpass tweeted that the World Bank “is...

Zimbabwe unveils statue honoring anti-colonialist heroine

HARARE, Zimbabwe—Zimbabwe’s president on May 25 unveiled a towering bronze statue in the center of Harare, the capital, honoring a 19th-century Black anti-colonialist heroine who was hanged for leading a rebellion against White occupation. President Emmerson Mnangagwa vowed to press for the return of her skull from Britain. Nehanda Charwe Nyakasikana, more widely known as Mbuya (grandmother in Shona) Nehanda, was hanged...

Ghana foresees end to neocolonial trading relationships starting with cocoa

(GIN)—At a state visit to Switzerland last year, Ghana’s president, Nana Akufo-Addo put his cards on the table. The second largest cocoa producer would no longer ship the raw material to Switzerland if by doing so, it would trap the country in poverty for the next century. Ghana and the Ivory Coast supply 70 percent of the cocoa beans, but...

Zindzi Mandela, an offspring of struggle, dies at 59

There is no doubt, the name Mandela is synonymous with a legacy of struggle for the soul and transformation of South Africa. Zindziswa “Zindzi” Mandela was an offspring in that line who continued that legacy of service into the 21st Century. Ms. Mandela, the youngest daughter of the late iconic figures Nelson and Winnie Mandela died in Johannesburg, South Africa....

AFRICA WATCH. Africa and its strategic balance in Russia-Ukraine conflict

Foreign Policy, a weekly digest of national security, defense, and cybersecurity news, recently reported that Africa is under pressure from European diplomats, to not allow Russia to use them to “evade U.S. and European sanctions.” One should ask, what one had to do with the other? According to Bloomberg, on the day of Russia’s invasion of Ukraine, that the foreign...