The West Stole Africa's Wealth

The West Stole Africa's Wealth

Author: Khoza Mduduzi

Publisher: Xlibris Corporation

Published: 2015-07-28

Total Pages: 646

ISBN-13: 1503570614

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The West stolen Africas wealth and invested it in the IMF, World Bank and European Bank. Through the colonization of Africa, the West not only managed to impoverish the African continent but it managed to build its own world class infrastructure through ill-gotten wealth from Africa. Africa is the richest continent on the face of the world as far as mineral resources is concern, but, Africans are the poorest people on the face of the world. Its an open secret that the majority of skyscrapers in the US were built by African slaves who were bought from Gore Island in Senegal at the cheapest price and transported to the US. From the Dark Age until to the information age, the African continent is the only continent where there is no perennial political peace. Africans have been on the run from their civil wars for quite a long period of time, to the point that some Africans have emigrated from the African continent to live in the West where they are not even welcomed and accepted. African mineral resources are sufficient enough to the point that if they were equally and fairly utilized in the interest of the Africa people, Africa was going to be a poverty-free continent. Unfortunately opposite is the case, the African mineral resources continue to enrich the Westerners at the expense of the African people. Africans are political free but remain economically in prison, which they cant see, smell, touch or feel.The west destabilizes the African continent by pouring military weapons to the African continent to ensure that bloodshed does not cease.


How Europe Underdeveloped Africa

How Europe Underdeveloped Africa

Author: Walter Rodney

Publisher: Verso Books

Published: 2018-11-27

Total Pages: 433

ISBN-13: 1788731204

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“A call to arms in the class struggle for racial equity”—the hugely influential work of political theory and history, now powerfully introduced by Angela Davis (Los Angeles Review of Books). This legendary classic on European colonialism in Africa stands alongside C.L.R. James’ Black Jacobins, Eric Williams’ Capitalism & Slavery, and W.E.B. Dubois’ Black Reconstruction. In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance in Guyana, the 38-year-old Rodney would be assassinated. In his magnum opus, How Europe Underdeveloped Africa, Rodney incisively argues that grasping "the great divergence" between the west and the rest can only be explained as the exploitation of the latter by the former. This meticulously researched analysis of the abiding repercussions of European colonialism on the continent of Africa has not only informed decades of scholarship and activism, it remains an indispensable study for grasping global inequality today.


Dictatorland

Dictatorland

Author: Paul Kenyon

Publisher: Bloomsbury Publishing

Published: 2018-01-11

Total Pages: 552

ISBN-13: 1784972150

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A Financial Times Book of the Year 'Jaw-dropping' Daily Express 'Grimly fascinating' Financial Times 'Humane, timely, accessible and well-researched' Irish Times The dictator who grew so rich on his country's cocoa crop that he built a 35-storey-high basilica in the jungles of the Ivory Coast. The austere, incorruptible leader who has shut Eritrea off from the world in a permanent state of war and conscripted every adult into the armed forces. In Equatorial Guinea, the paranoid despot who thought Hitler was the saviour of Africa and waged a relentless campaign of terror against his own people. The Libyan army officer who authored a new work of political philosophy, The Green Book, and lived in a tent with a harem of female soldiers, running his country like a mafia family business. And behind these almost incredible stories of fantastic violence and excess lie the dark secrets of Western greed and complicity, the insatiable taste for chocolate, oil, diamonds and gold that has encouraged dictators to rule with an iron hand, siphoning off their share of the action into mansions in Paris and banks in Zurich and keeping their people in dire poverty.


Namibia's Stolen Wealth

Namibia's Stolen Wealth

Author: Gail Hovey

Publisher:

Published: 1982

Total Pages: 64

ISBN-13:

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The first part of this booklet provides a brief introduction to the Namibian economy, apartheid society and the struggle for liberation. It is followed by a description of the North American corporations involved in the extraction of Namibia's wealth. The author, who is research director of The Africa Fund, examines the role played by these corporations in South Africa's war, and argues in the concluding section that the Reagan Administration policy bears major responsibility for the continued sufferings of the Namibian people. See also Breaking the Economic Links with Namibia's Exploiters: Divestment Action in the United States, a paper presented to the International Seminar on The Role of Transnational Corporations in Namibia, Washington, 1982, 10 p. (Eriksen/Moorsom 1989).


Capital Flight from Africa

Capital Flight from Africa

Author: Simeon Ibidayo Ajayi

Publisher: Oxford University Press, USA

Published: 2015

Total Pages: 455

ISBN-13: 0198718551

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A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitating illicit financial flows and provides rich insights to policy makers interested in designing strategies to address the problems of capital flight and illicit financial flows.


The Green Belt Movement

The Green Belt Movement

Author: Wangari Maathai

Publisher: Lantern Books

Published: 2003

Total Pages: 166

ISBN-13: 9781590560402

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Wangari Maathai, founder of The Green Belt Movement, tells its story including the philosophy behind it, its challenges, and objectives.


Dead Aid

Dead Aid

Author: Dambisa Moyo

Publisher: Macmillan

Published: 2009-03-17

Total Pages: 209

ISBN-13: 0374139563

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Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.


Africa's Odious Debts

Africa's Odious Debts

Author: Léonce Ndikumana

Publisher: Bloomsbury Publishing

Published: 2011-10-13

Total Pages: 152

ISBN-13: 1848134606

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In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than $700 billion in the past four decades. But Africa's foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through their governments. Léonce Ndikumana and James K. Boyce reveal the intimate links between foreign loans and capital flight. Of the money borrowed by African governments in recent decades, more than half departed in the same year, with a significant portion of it winding up in private accounts at the very banks that provided the loans in the first place. Meanwhile, debt-service payments continue to drain scarce resources from Africa, cutting into funds available for public health and other needs. Controversially, the authors argue that African governments should repudiate these 'odious debts' from which their people derived no benefit, and that the international community should assist in this effort. A vital book for anyone interested in Africa, its future and its relationship with the West.


Decolonizing Wealth

Decolonizing Wealth

Author: Edgar Villanueva

Publisher: Berrett-Koehler Publishers

Published: 2018-10-16

Total Pages: 215

ISBN-13: 1523097914

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Decolonizing Wealth is a provocative analysis of the dysfunctional colonial dynamics at play in philanthropy and finance. Award-winning philanthropy executive Edgar Villanueva draws from the traditions from the Native way to prescribe the medicine for restoring balance and healing our divides. Though it seems counterintuitive, the philanthropic industry has evolved to mirror colonial structures and reproduces hierarchy, ultimately doing more harm than good. After 14 years in philanthropy, Edgar Villanueva has seen past the field's glamorous, altruistic façade, and into its shadows: the old boy networks, the savior complexes, and the internalized oppression among the “house slaves,” and those select few people of color who gain access. All these funders reflect and perpetuate the same underlying dynamics that divide Us from Them and the haves from have-nots. In equal measure, he denounces the reproduction of systems of oppression while also advocating for an orientation towards justice to open the floodgates for a rising tide that lifts all boats. In the third and final section, Villanueva offers radical provocations to funders and outlines his Seven Steps for Healing. With great compassion—because the Native way is to bring the oppressor into the circle of healing—Villanueva is able to both diagnose the fatal flaws in philanthropy and provide thoughtful solutions to these systemic imbalances. Decolonizing Wealth is a timely and critical book that preaches for mutually assured liberation in which we are all inter-connected.


State of the Continent

State of the Continent

Author: M. Fobanjong

Publisher: African Books Collective

Published: 2018-12-29

Total Pages: 302

ISBN-13: 194287636X

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What precisely is the state of the African continent today? Depending on ones perspective, the answer may either dwell on Africas recent economic and political accomplishments or focus on the long-standing single-story of failure, disaster and eternal dictatorships. This book provides a nuanced, forceful and balanced assessment of Africas political and economic performance since independence. While acknowledging Africas tragic pitfalls, dating to the transatlantic slave trade and colonialism, State of the Continent skillfully argues that theories associated with the dependency school are no longer enough to explain the continents failures in governance and economic performance. For a continent so richly blessed and endowed with both human and material resources, the blame for Africas lackluster performance falls squarely on its leadership. To get things right, Nkrumahs vision of the primacy of the political kingdom must be prioritized whereupon economic gains shall predictably, follow. In lucid and persuasive prose, this volume is an ideal book for scholars as well as students of international studies and African politics.