Decades after the symbolic departure of the European colonial powers, there is now a renewed global interest in the economic affairs of Africa. China, India and Russia have joined Europe and America in a mad rush for the inestimable resources in the continent.
Most recently, China have invested billions of dollars in Africa and looks forward to increasing their stake in the coming years.
Whereas we welcome this renewed attention, our leader must guard against selling the goose that lays the golden. Opinion writers and bloggers must step up research to make sure that the continent is not re-colonized economically in the ways that political colonization left us in shambles. All investment must pass the threshold of mutual benefits and not at the expense of Africa or her new trading alliances. BBC News reports more on this topic. Read More »