In a Sunday Times of London report concerning a lavish jaunt to New York last fall to deliver a 15 minute speech at the UN, the spotlight was on Congolese President Denis Sassou-Nguesso. Recently chosen to chair the AU, it has been noted that the President of Congo-Brazzaville spent $295,000 for luxurious accommodations for him and his entourage at the Palace Hotel in New York City.
CGD Policy Blogs
Seven British charities are campaigning for the UK not to accept any Nigerian repayment which was part of the Paris Club debt relief agreement reached in October. Their pleas to Gordon Brown, most recently in a new brief, are no doubt well-intentioned. But their attack on the deal is politically naive and ultimately misguided.
Yesterday, the MCC Board of Directors approved a five-year approximately $307 million Compact with Benin, more than half of which goes to revamping the Port of Cotonou. On the heels of the MCC's experience with approving Armenia's compact amid what still look like slippages in "ruly justly" criteria, MCC CEO Danilovich appears to place conditions on the Benin approval:
The African Union has wisely avoided the embarrassment of having Sudan chair its current summit and head the organization for the next two years. This is not only because Sudan is one of the world’s worst regimes, but also because one of the most critical issues for the AU in 2006-07 will be halting genocide in Darfur and protecting civilians from militias backed by Khartoum.
When the CFR released its new task force report "More than Humanitarianism: A Strategic Approach Toward Africa," it noted:
“We will know that the response to this opportunity has failed if, in another ten years, U.S. policymakers link hands once again with other world leaders around Africa’s problems and the world witnesses another global concert to end Africa’s poverty. The United States cannot afford to let another decade go by without effective solutions, and Africa deserves far better."
Debt relief and African poverty are firmly on this year’s global agenda, most recently from the Tony Blair-sponsored Africa Commission. But little attention is going to the big elephant in the room: Nigeria.
Even with its oil wealth, Nigeria’s debt burden is enormous given its huge population of 130 million and its extreme poverty—average income is just $330 per year. Increasingly vital to Western energy security, Nigeria is also a worrying source of transnational security threats, including Islamic radicalism, disease, drug trafficking, and international crime.
In this chapter from Markus Haacker's book on the macroeconomic implications of HIV/AIDS, Nancy Birdsall and Amar Hamoudi discuss the effect AIDS has on the supply of and demand for education in Africa.
U2 Front Man Bono and US Treasury Front Man Paul O’Neill may have had a few differences during their Africa tour, but they clearly agree that Africa needs increased market opportunities.
AGOA took effect January 2001 to allow qualifying sub-Saharan African countries to export qualifying goods duty free to the US. The act was expressly designed to "increase trade and investment between the USA and SSA." The evidence over the short time since it was enacted reveals that: