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Economic development is a structural process of utilizing all available domestic resources to provide the maximum environmentally sustainable rate of capital accumulation building on incorporation of technical progress.

Markets are the major locus of this process, but the state has a strategic role in providing the appropriate institutional framework to support this structural process.

seizes global opportunities i.e. global economies of scale and multiple sources of technological learning, mitigates barriers to innovation created by excessively strong intellectual property regimes, assures financial stability, and creates investment opportunities to private entrepreneurs.

The World Bank’s public sector lending arms (the IDA and IBRD) announced their withdrawal from the project in 2008 stating “Chad failed to comply with key requirements” of their participation, though the World Bank’s private sector lending arm (the IFC) had no problem staying on board to reap the benefits of its $200 million commercial loan.

Despite receiving minimal “transit revenues” from Chad’s oil, the pipeline’s social and environmental impacts are just a harsh for Cameroonians living along the pipeline route. 248 villages are directly impacted by the pipe and dozens more by roads, operations centers, and employee living bases all built expressly for the project. Unlike in neighboring Chad, no oil revenues have been set aside for development spending in the affected villages. The Cameroonian government claims it only receives $25 million per year and some of that money returns to impacted villages via increased social spending in the national budget. But the truth is no one knows where the $25 million is spent (or if that’s the true amount) and there is no accountability for the use of the revenues.

The Chief of Dompta signed a contract with Exxon for the construction of a health clinic as “community compensation.” When the health clinic wasn’t built, he wrote to the oil consortium demanding they follow through on their written agreement. One of Exxon’s directors cordially replied that the health center would be built and the village could use health clinics in neighboring villages until then. Dompta’s chief died in 2007 and was replaced by his son as tradition requires. The new Dompta chief claims Exxon built a health center in Dompla (notice the difference in spelling), a village about 30 kilometers away and even proudly posted a sign that read “Dompta Health Clinic.” We will never know if this is a cruel joke or corporate idiocy because no one from the oil consortium has yet to comment on the issue. For the people of Dompta, it doesn’t really matter.

In short, Inoni’s new agenda was perceived as a storm in the ethnocentric teapot that Cameroon has become in this day. Let me be clear on this: I am not prescribing ruthlessness as a qualification for leadership in Cameroon. Far from it! What I am saying is that Cameroon is not beyond repair.

The malaise that should incessantly haunt our leaders (but does not) is that they have betrayed irretrievably Cameroon’s destiny in the community of nations. The countless billions that a generous Providence has poured into our national coffers in the last three decades (1982-2012) would have been enough to launch Cameroon into the middle rank of developed nations and transformed the lives of our needy compatriots.

Nothing in Cameroon’s politics captures her problem of aborted national integration more graphically than the mixed fortune of the word tribe.

According to this version of history, Rwanda’s unity was destroyed by the Belgian administration and the Catholic Church. Economic and political independence were lost, foreign education and religion undercut Rwandan culture, a divide and rule policy set Hutu and Tutsi against each other, and political ethnicity emerged. After independence, the regimes of the first and second republics continued the segregation legacy of the colonial masters, and the problems were compounded. After a lost century, Rwanda’s history resumed in 1994 when the RPF took power after defeating the genocidal regime. It liberated the country from dictatorial leadership, and built a nation based on law, democracy, peace, security, justice and development. The narrative is promoted in the national and international media, at conferences inside the country and abroad, and in speeches of national and local authorities. All Rwandans know it and can recite it flawlessly.

However, the RPF’s historical narrative involves “a whole set of false propositions and assertions”, according to a leading historian of Rwanda, Jan Vansina. “The linguistic and cultural unity of the country today did not exist in the 17th century and Rwanda is not a “natural” nation. Rwanda really became a nation in the 20th century … Formerly, neither abundance nor order flourished in the country and it is false to think that everyone was happy with their station in life and all lived under the shepherd’s staff of wise kings,” he writes. The RFP’s narrative of “erroneous propositions” aims at “the projection of a nostalgic utopia into the past, a past that contrasts with a painful present”.

When told of government plans to increase available power by at least 50 percent before the end of the year, Isah responded with derision. “I’m about 26 years old now. I have never seen power supply for a good two days without interruption,” he told GlobalPost. “I have never seen that in Nigeria.  Two days!”

“He has spearheaded the fight against corruption and turned Nigeria into an example of good governance,” writes Liberian President Ellen Johnson Sirleaf in Time’s assessment of Jonathan. “With leaders like President Jonathan, Africa is sure to move toward prosperity, freedom and dignity for all of its people.”

He said some of Jonathan’s promises to fight corruption have been fulfilled. For instance, a program intended to provide farmers with fertilizer and other equipment has been cut because nearly 90 percent of the supplies were being sold to the farmers at a premium, rather than given to them for free or at a discount.

New, high-yielding varieties of the staple crop have been developed at the country’s Institute for the Environment and Agricultural Research (INERA) as part of a drive to improve food security in this landlocked West African country.

Both Kabré and Kaboré were introduced to Bondofa when they became members of Burkina Faso’s National Union of Seed Producers (UNPSB) two years ago. The UNPSB was established in 2006, and coordinates production and marketing activities as well as acting as an interface between its 4,000 members and the government.

Solomon A.J Pratt’s ‘Jolliboy…’ will help you get detailed accounts of this role played by Sierras Leone. So attempts to discuss China’s presence in Africa today should always take into account this historical fact. 

This is especially so with the last decade or so, following the establishment of the China-Africa Cooperation Forum .The creation of FOCAC came about in 2000 as a framework upon which to build on the friendly cooperation between China and Africa, cope with challenges that may come as a result of economic globalization and work towards promoting common development projects. (http://forum.eximbank.gov.cn/forum/channel/focac.shtml ). 

Wei Jianguo is former Vice Minister of Commerce and currently now Secretary-General of the China Centre for International Economic Exchanges. He wrote in his book, titled, ‘Africa A Lifetime of Memories…’ that “as China-Africa relations have progressed over the past half century and more, a special China-Africa cooperation model has taken shape. This China-Africa cooperation model derives from the process of China’s aid, investment and trading in Africa and it adopts practices different from those of Western countries. Its most notable characteristic is a focus on equality and mutual benefit with no political conditions attached.”

Eurasian Natural Resources Corporation (ENRC), a global mining company that got its start in Kazakhstan, has won a new $101.5 million license to dig for copper at the Frontier mine in the Democratic Republic of Congo. The company has been criticized by Global Witness for its purchases of rights from offshore companies connected to Dan Gertler, a controversial Israeli diamond merchant.

Per-capita income in the Congo is under $300 a year and experts at the Carter Centre, which was founded by former US president Jimmy Carter, say there is a reason. "In a mining sector defined by irregularities and mismanagement, large industrial mining projects can earn huge profits for investors and government officials,” Sam Jones, associate director of the centre's human rights program, told the Guardian. “(L)ittle revenue finds its way back into desperately impoverished Congolese communities for schools, healthcare, or other social services.”

First Quantum, a Canadian company, acquired the rights to mine for copper at Frontier in 2001 but was forced to turn it over to Sodimco, a state owned company in 2010 by the Congolese government. The licences were then sold to Fortune Ahead, a Hong Kong shell company. Meanwhile First Quantum filed multiple legal claims demanding $4 billion in compensation for Frontier and other assets nationalized by the Congolese government.

Obama’s “good governance” smokescreen for U.S. neocolonialism is embedded in AFRICOM’s stated mission: “to deter and defeat transnational threats and to provide a security environment conducive to good governance and development." Translation: to bring the so-called war on terror to every corner of the continent and ensure that U.S. corporate interests get favorable treatment from African governments.

Regime change will never be farther away than a drink at the officers club.

Americans, no matter how bloody their hands, have always liked to think of themselves as “innocents abroad.” “As far as our mission goes, it’s uncharted territory,” said AFRICOM’s Gen. Hogg.

AFRICA’S CONTRIBUTION TO EUROPEAN CAPITALIST DEVELOPMENT According to Rodney, Europeans went through several phases of desire in Africa: first it was gold, through ivory and camwood to human cargo (slavery). He sketches the slow conquest and penetration due to shipping superiority and the slow breakup of African kingdoms and states in the 16th-17th century leading to the Portuguese slave trade and decision-making role for Europeans in Africa. While dissecting the slave trade he drew parallels between the rise of the European seaport towns of Bristol, Liverpool, Nantes, Seville and the Atlantic slave trade. In a passage that vividly explains the impact of Europe on Africa and its subsequent underdevelopment Rodney asserted that: ‘the European slave trade was a direct block, in removing millions of youth and young adults who are the human agents from whom inventiveness springs. Those who remained in areas badly hit by slave capturing were preoccupied about their freedom rather than with improvements in production’. Rodney pursues the notion that colonisation gave Europe a technological edge and addresses the exploitation of African minerals important for making steel alloys, manganese and chrome, including columbite – critical for aircraft engines. Significantly, in the course of this orbit of exploitation there was incessant African resistance. But European firearms, after reaching a certain phase of effectiveness, as in the use of the Maxim (machine gun) against the Maji Maji and the Zulus and others, in concert with the use of Africans in colonial armies tipped the military balance in favour of Europe and subjugated a continent.

Rodney also attacks the notion, which unfortunately still persists, that there is some universal nexus or equal relationship between ‘hard work’ and great wealth, a myth peddled in the West today. In his tome Rodney swats away this ‘common myth within capitalist thought that the individual through hard work can became a capitalist’.

Dismantling of the Apartheid in the 1990s was one of the great events of the turbulent 20th century, even though the manner of its dismantling was deeply marred by the fact that the critical negotiations which made it possible came in the immediate aftermath of the collapse of the Soviet Union. And, in a significant coincidence, those negotiations on the issue of South African settler colonialism ran parallel to those other negotiations, on the Israeli settler colonialism, which led to the Oslo Accords.

That’s just about right: “using them.” The ANC was a conservative force when Mandela first joined and even after the radical turn that Mandela and his close associates introduced into its politics, it remained a small party based primarily in the frustrated black middle class. Origins of the alliance with the communists were purely pragmatic. As Charles Longford was to write after Mandela’s death: As an insignificant political force, removed from the black working classes and the poor, ANC stood little chance of generating any meaningful political pressure that might affect change. They needed the black majority. That is why they turned to the South African Communist Party.

Only in the American scheme of things is it possible to bestow upon someone the highest honours that the US can give to anyone but also keep the same person on the list of “terrorists”—just in case!

Whereas the ruling party in the north was rightly and roundly criticised for electoral malpractice and fraud in the elections of April 2010, there was not even muted criticism when it came to similar practices by the SPLM in the South that same year. When the referendum on self-determination returned a 99.8% yes vote in the South, the “international community” lauded the result — when they would have pooh poohed it anywhere else in the world.

Conveniently, this posture masks the responsibility of both Western powers and the regional association known as the Intergovernmental Authority on Development (IGAD) in condoning the sorts of practices that have prepared the ground for the rebellion. In particular, it masks the responsibility of two powers: the US and Uganda

Their relentless competition over water and pasture generated periodical cycles of violent attacks between them. Evans-Pritchard described the Nuer as a “wild offshoot of Dinka.” The problem with the Nuer, he wrote, was that “every Nuer, the product of hard upbringing, deeply democratic and easily aroused to violence, considers himself as good as his neighbour.” Evans-Pritchard was describing a deeply democratic culture. He was describing less the Nuer problem than the British colonial problem with the Nuer: the Nuer were a problem for him and for the British because they were averse to centralised authority.

Still, he was well used to deferential interviews and I was ticked off several times - "you completely forgot what I said" and "I have already explained that matter to you". In brooking no criticism of the African National Congress (ANC), he revealed something of why millions of South Africans will mourn his passing but not his "legacy".

Once in power, the party's official policy to end the impoverishment of most South Africans, the Reconstruction and Development Programme (RDP), was abandoned, with one of his ministers boasting that the ANC's politics were Thatcherite."You can put any label on it if you like," he replied. "...but, for this country, privatisation is the fundamental policy.""That's the opposite of what you said in 1994.""You have to appreciate that every process incorporates a change."

Few ordinary South Africans were aware that this "process" had begun in high secrecy more than two years before Mandela's release when the ANC in exile had, in effect, done a deal with prominent members of the Afrikaaner elite at meetings in a stately home, Mells Park House, near Bath. The prime movers were the corporations that had underpinned apartheid.

"But higher commodity prices -- of mainly oil and gas -- have not solved the issues of price fluctuation and dependence on commodity export," he noted. This pattern of growth is "non-sustainable" and "non-inclusive".

UNCTAD proposes a "New International Economic Architecture" that goes beyond aid and trade to include technology, commodities and climate change.

"In NAMA (the non-agricultural market access negotiations) we have to be able to maintain the (original) developmental perspective of the Round to help countries diversify; get value addition; deal with tariff peaks and escalation; and eliminate all trade distortions. We should not add and add agendas in NAMA."

The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.

The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.

The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.