9/08/2005

Are Africans so poor?

During the discussion on women, globalization, and economy yesterday, Mama Maria Shaba, the chairwoman of Tanzania Association of Non-Governmental Organizations, asked participants to redefine poverty. She argued that African have been told that they are poor for so long that they end up believing to be poor while they are neccesarily not poor.
She asked, "If we are so poor why do western multinationals so busy investing on the continent? If we are so poor that we cannot even pay back our debt, why do western nations and banking institutions keep on lending us?"




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