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Momentum Rises to Lift Africa’s Resource Curse

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By Kofi Annan
Across Africa, oil, gas and minerals are being discovered more often than ever before. Nowhere is the global commodities boom being felt more acutely. Over the next decade, billions of dollars will flow into countries previously starved of financial capital. Used wisely, these natural resource revenues could lead to sustainable economic growth, new jobs and investments in health, education and infrastructure. But sadly, history teaches us that a more destructive path is likely — conflict, spiraling inequality, corruption and environmental disasters are far more common consequences of resource bonanzas. The cliché remains true: striking oil is as much a curse as a blessing. Read more.

 

The Link Between the Environment, Poverty and Development in South Africa

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A 2011 World Bank study estimates that environmental wealth accounts for 26 percent of the total wealth of low-income countries. This is contrasted with 13 percent of wealth in middle-income countries and only 2 percent of wealth in OECD countries. Therefore, investing in sound and equitable environmental management makes good economic sense and is essential to fight poverty because people in developing countries depend directly on natural resources (such as fisheries, pastures, forestry, etc) to earn their livelihoods. Read more.

 

Rethinking the GMO Revolution - Matters Here and There

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tomatoSince the avalanche of what has become known as Genetically Modified Organisms (GMOs) in Africa, there have been many red flags from researchers, farmers, environmental workers and Non Governmental Organisations. GMOs became a subject of discussion in the last decade or so attracting many arguments by the proponents for its beneficial properties as well as the potential for changing the face of agriculture on the continent. Conversely, there has been equal measure of counter arguments from anti- GM groups focusing on health, environmental concerns, and sustainability questions among others. Read more.

 

Let Africa's citizens look to the future

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Sir, Charles Soludo presents a vision of Africa which Africa does not deserve (“Africa needs honesty from Europe over trade deals”, April 11). The European Union seeks a relationship with Africa based on the present and the future, not the past. The starker realities of the continent are, of course, still clear and present yet a new, more positive dynamic is allowing businesses to develop and access new markets. Read more.

 
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Humanity is living off its ecological credit card and can only do this by liquidating the planet's natural resources - Mathis Wackernagel