Category Archives: Africa

Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt

A deep dive on developing country debt crisis and how they reveal the workings of international finance.

America Has Just Destroyed a Great Empire

America is making a mess in trying to preserve its hegemony.

The China Debt Trap Lie that Won’t Die

US officials and Western media make things up as China weakens the stranglehold Western bondholders and international financial institutions have on poorer countries.

A New Third World Debt Crisis? The Need for System Change

Emerging economies look to be on the verge of a whole lotta debt hurt. Why does this happen to them so often?

What’s Behind the US-Driven Reforms Coming to the World Bank?

Former Mastercard CEO Ajay Banga takes over as World Bank president as the organization is embarking on a series of reforms requested by Washington.

The Food War, the Grain Deal, and the Real Deal

The West is trying to use the Ukraine grain deal to stymie Russia…..with ample support from the UN’s Guterres.

Violence in Sudan and the Decline of U.S. Hegemony

The conflict in Sudan is an expression of the changing world order and the intense fight over resources and critical geographies.

Ukraine Conflict Highlights Key Question for Africa: Should We Focus on the Problems of the Elite, or Those Faced by the Majority of the Population?

Professor Sokona, Vice-Chair of the IPCC, on how Ukraine has reshaped thinking in Africa and on the needed transformation in its leadership

A Debt Crisis Looming in the Global South?

Martin Guzman explains the role of power in sovereign debt crises and restructurings.

Kamala Harris Serves up Crumbs in Africa as US Continues to Offer Little in Comparison to China

The US wants African minerals for its goal of becoming the world’s cleantech superpower, but it cannot compete with Beijing economically on the continent.

“Biden’s Awkward Democracy Summit”

The US trying even harder to tout the virtues of its ideas of democracy is not winning friends or influencing people.

Interest Rate Hikes and IMF Bailouts: the US Tries to Roll Back Chinese Influence in the Global South

As higher interest rates and inflation hit developing countries, the IMF is trying to use bailout terms to sideline Beijing.

The Not-So-Winding Road from Iraq to Ukraine

“Fool me once, shame on thee. Fool me twice, shame on me.” The Global Soutn has wised up in the wake of the war in Iraq.

The West Goes After LNG in Mozambique Despite Regional Violence That Has Displaced Close to a Million People

The EU and US are trying to replace Russian gas and push China out of the resource-rich African nation.

Coups, Chaos, and the Crumbling of the Francafrique: the Widening War between East and West in Africa’s Sahel

US undersecretary of state Victoria Nuland says to remain calm.