Natural Resources: The Levels of Inequality
According to United Nations Economic Commission for Africa (UNECA), there is “a high correlation between the levels of exports of natural resources and the levels of inequality”. The more a country depends on its natural resource exports, the more it will be vulnerable to illegal financial flows and price volatility. The extraction of oil, minerals […]
Mozambique – Bishops Denounce: “African Resources Plundered By Foreigners; The Needs Of Local Peoples Are Ignored”
“Governments of industrialised Countries seek to find a solution to the world’s energy and food crisis in Africa without trying to meet the problems of Africans”, denounce the Bishops’ Conference of Mozambique in a pastoral letter dedicated to the theme of development. Among African resources that are transferred to a foreign hand, there are cultivable […]