A new party in charge of the US government will undoubtedly herald a new approach to US foreign policy. This change comes at a time when China has made major inroads into Africa in the commodities and infrastructure sectors. Russia has invested heavily in commodities and financial markets across the continent. India at Turkey have established treaties and detailed plans for investment and trade with Africa. Today, foreign direct investment from the US and Europe no longer constitute the bulk of inflows ot the continent. What type of relationship change between Africa and the West are needed? Can Africa benefit from increased competition for its resources?
Friday, November 7, 2008
THE NEW WORLD ORDER
A new party in charge of the US government will undoubtedly herald a new approach to US foreign policy. This change comes at a time when China has made major inroads into Africa in the commodities and infrastructure sectors. Russia has invested heavily in commodities and financial markets across the continent. India at Turkey have established treaties and detailed plans for investment and trade with Africa. Today, foreign direct investment from the US and Europe no longer constitute the bulk of inflows ot the continent. What type of relationship change between Africa and the West are needed? Can Africa benefit from increased competition for its resources?
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