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   Strategies & Market TrendsAfrica and its Issues- Why Have We Ignored Africa?


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From: S. maltophilia12/20/2022 1:23:22 PM
1 Recommendation   of 1259
 
So, unfortunately, it’s time for another one of these. By which I mean both a “ [Country], you were doing so well!” post, and a “ Why [country] is having an economic crisis” post. I thought Ghana was going to be one of my development success stories, and then before I got around to writing about, its economy went into a crisis. The basic story here is that Ghana just defaulted on most of its external debt, and is experiencing very high inflation, and is going to have to be bailed out by the IMF. That’s going to result in financial and economic chaos in the country, a year or two of depressed economic activity, and hardship for the Ghanaian people.

I’m sure Ghana will eventually bounce back. And as I’ll explain, when we look at the particulars of how this crisis has played out, we see that the government is being smarter than many. But overall this is pretty disappointing. So first I’ll talk a bit about why it’s so disappointing, and then move on to the crisis itself.

Why Ghanaian development is important

Obviously Ghana’s development is most important to the ~32 million people who actually live in Ghana. But it’s also important in the broader context of African development, because it’s one of the leading candidates to become the “first mover” in the region.

Africa is really, really poor. Not just compared to rich countries like the U.S., but compared to other developing regions. In 1990, fewer than 1 out of every 7 people living on less than $2.15 a day (the poorest of the poor) lived in Sub-Saharan Africa; by 2019, it was 3 out of 5.....

noahpinion.substack.com

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From: kidl12/26/2022 10:09:09 AM
2 Recommendations   of 1259
 
Putin Wants Fealty, and He’s Found It in Africa - The New York Times (nytimes.com)

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From: TimF2/5/2023 8:06:39 PM
1 Recommendation   of 1259
 
How Socialism Destroyed Africa
africanliberty.org

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From: S. maltophilia4/11/2023 12:32:40 PM
3 Recommendations   of 1259
 
His grip on power is nearly unassailable. Since becoming president over two decades ago, he has extended constitutional term limits, shut down the free press and clamped down on dissent. Reporters have been driven into exile, even killed; opposition figures have been imprisoned or found dead. His country has been reduced to tyranny.

But this dictator isn’t a pariah, like Vladimir Putin of Russia or Bashar al-Assad of Syria. Instead, he’s one of the West’s best and most reliable friends: Paul Kagame, president of Rwanda. Since coming to power in 1994, Mr. Kagame has won his way into the West’s good graces. He’s been invited to speak — on human rights, no less — at universities such as Harvard, Yale........

nytimes.com

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From: kidl6/7/2023 5:06:52 PM
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Why Africa is turning its back on the eco-obsessed West - spiked (spiked-online.com)

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From: S. maltophilia6/24/2023 5:40:39 PM
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Message 34331950

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From: S. maltophilia8/30/2023 3:24:27 PM
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So the son of the president-for-life got overthrown after being in office 14 years

aljazeera.com

nytimes.com

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From: S. maltophilia9/30/2023 1:03:28 PM
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The Gamble: Can Genetically Modified Mosquitoes End Disease?
Working on a remote island, scientists think they can use genetic engineering to block a malaria-carrying species of mosquito from spreading the disease — and do it in just a few months. But governments are wary.

........
they moved the scientists one step closer to their goal: replacing the mosquitoes that live here now with ones they have genetically modified so that they can no longer transmit the malaria parasite.

Their idea is to release a small colony of genetically modified mosquitoes, just the way they did with the green-dusted ones, to mate with wild ones. The gene engineering technology they are using could, in just a few generations — a matter of months when it comes to mosquitoes — make every member of the species that transmits malaria here, the Anopheles coluzzii, effectively immune to the parasite.

This team, working with a project called the University of California Malaria......

nytimes.com

yodolenews.com

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From: S. maltophilia10/3/2023 6:59:00 PM
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Real estate and power

aljazeera.com

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From: S. maltophilia10/29/2023 2:29:19 PM
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.....“Africa’s not just one place,” he said in an interview. “It’s complicated and complex; differentiated, contrasted.”

Long viewed in the West as a niche interest — or worse, exotica — African.....

nytimes.com [paywall bypassed]

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