US EditionCan Africa Exist or Survive without "Mr. Imf and Mrs. World Bank"?
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Should Africa turn its back on the World Bank and the International Monetary Fund? This was recently suggested at an intra-African trade fair in Algeria, the former Nigerian President. Olusegun Obasanjo called on African countries to reduce their dependence on these Bretton Woods insituations. The World Bank is not made [...] The article This former African president surprises: "The World Bank and the IMF are not made for us" appeared first on L…
At the African Trade Fair in Algeria, former Nigerian President Olusegun Obasanjo delivered a strong message to African leaders: it is time to reduce the continent's dependence on international financial institutions, in particular the International Monetary Fund (IMF) and the World Bank. Ethiopia has made its stand without the IMF and the World Bank and is self-financing at its own pace over 14 years. The older country of the African continent …
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