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Adventurer · Joined: 28 Jan 2006

Has Africa finally turned a corner?
By Scott Baldauf | Staff writer of The Christian Science Monitor

JOHANNESBURG, SOUTH AFRICA � With a decade of sustained economic growth, increasing demand for African minerals and oil, and a falling number of conflicts, the trend lines for some countries in sub-Saharan Africa are finally starting to look pretty good.
A new World Bank report, issued last week, has gone as far as to say that 2005 may be the year when Africa "turned the corner" from poverty and debt to prosperity and wealth. In a continent that was once almost entirely dependent on foreign aid, there are now 16 countries that have achieved annual growth rates in excess of 4.5 percent for more than a decade.

"Africa today is a continent on the move, making tangible progress on delivering better health, education, growth, trade, and poverty-reduction outcomes," said Gobind Nankani, the World Bank vice president for the Africa region.

http://www.csmonitor.com/2006/1109/p01s04-woaf.html

mithridates · Posted: Thu Nov 09, 2006 7:45 am Post subject:

I was just thinking the same thing last night as I noticed on the news that there was even a small meeting of five African nations with S. Korea after the one in Beijing, and Japan is doing the same thing as well. Now that China's paying attention suddenly everybody else is too.

World: *snaps fingers* Oh yeah, Africa! I remember there!

cbclark4 · Joined: 20 Aug 2006 Location: Masan

Seems South America may be the last economic frontier.

cbc

bucheon bum · Joined: 16 Jan 2003

i wouldn't go that far. South America is a lot more developed than Africa at this point. Africa has South Africa but that's about it. Brazil is a middle income country, as is Argentina. Good luck finding a country in Africa that is as well developed as Chile (maybe South Africa, I don't know).

mithridates · Posted: Thu Nov 09, 2006 10:56 am Post subject:

bucheon bum · Joined: 16 Jan 2003

cwemory · Joined: 14 Jan 2006 Location: Gunpo, Korea

a possible counter argument from an article quoted in another thread.

ariellowen · Joined: 19 Apr 2006

Headlines from Africa today ( http://allafrica.com ).

Sudan: Militia Attack Civilians, Aid Workers

Central African Republic: Rebels Claim Seizure of Second Town

Rwanda: 1,700 Children Live With HIV/Aids

Cameroon: Radio Host Abducted, Beaten

Angola: Huambo - Malaria Claims Over 400 Lives

Ethiopia: Ethiopia Receives $37 Million Food-Aid From U.S.

Mozambique: WFP Halves Rations for the Hungry

Kenya: Church Blames Communal Violence On Ethnicity And Poor Governance

Liberia: Ivorian Refugees Express Angst

Congo-Kinshasa: UN Launches Massive Clothing Distribution to Congolese Refugees Ahead of Rainy Season

Nigeria: Oru Refugee Camp

Chad: More Violence in East

Sierra Leone: War Crimes Trial

Gambia: Cpt Camara Denies Role in March 21 Coup

Somalia: Galmudug State Asks Puntland Army to Withdraw Its Territory