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If you look merely at the numbers, trade between the United States and the AGOA-eligible African countries has increased significantly. However, growth has been uneven and has not benefitted the bulk of African entrepreneurs and their societies as was intended.
The African Growth and Opportunity Act (AGOA) is a…
ContinuePosted by Isaac Twumasi Quantus on March 22, 2011 at 9:45am
Those days are past, however. The financial crisis not only decimated the portfolios of investors all over the world. The “Made in the U.S.” financial debacle also demolished the ability and authority of the United States and Europe to lead the global economy.
The world no longer beats to the tune of the…
ContinuePosted by Isaac Twumasi Quantus on March 10, 2011 at 11:41am
Africa’s varying fortunes have largely been driven by China’s surging demand for raw materials and higher commodity prices, but other factors have also counted. Africa has benefited from big inflows of foreign direct investment, especially from China, as well as foreign aid and debt relief. Urbanization and rising incomes…
Posted by Isaac Twumasi Quantus on March 2, 2011 at 11:47am
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