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February 2, 2009 | Financial Crisis Is Good News For Africa

The global economic crisis is in fact good news for aid-dependent Africa. ++ It is an opportunity for the continent to move towards the market-driven interventions which have enabled the rise of Brazil, India and China. ++ “Foreign aid has been the biggest single inhibitor of Africa’s growth,” fostering corruption, dependency and bureaucracy. ++ Focusing on the Chinese market

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