Categories: Top story of the day

Africa’s stake in Brexit,

But while African countries may be less reliant on foreign aid than ever before, their relationship to donor states, and the UK in particular, remains critically important.

Relative to gross national income, the UK is among the world’s most generous aid donors, a stature that gives Britain a larger voice in shaping the international development agenda.

As British assistance in Africa has evolved from narrow poverty-reduction efforts to funding business projects in countries like Ethiopia and Rwanda, the UK has emerged as a key ally in helping Africa execute its own development strategy.

If Brexit leads to a less globally engaged UK, recipients of British assistance will suffer for it.

It is up to African businesses and governments to refocus Britain’s attention.

With the right incentives, Africa could come to play a more central role in UK economic planning.

For that to happen, though, African leaders must help their British counterparts see that with change comes opportunity.

As the UK readies to turn away from the EU, Africa must be ready to pick up the slack.

By Carlos Lopes. This story was first published by Project Syndicate

 

(160 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on June 13, 2017 9:39 am

Page: 1 2 3

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Share
Published by
Charles Rukuni

Recent Posts

ZiG confusion

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG,) continued to firm against the United States dollar…

April 19, 2024

US congratulates Zimbabwe on its 44th anniversary, but maintains sanctions on the country

United States Secretary of State Antony Blinken has congratulated Zimbabwe on its 44th independence anniversary…

April 18, 2024

Did you know that if America’s billionaires were considered a country they would be the third richest nation in the world?

The 813 billionaires in the United States have a total wealth of US$5.7 trillion. If…

April 17, 2024

Mnangagwa spokesman says there is nothing to celebrate about latest US move on Zimbabwe sanctions

President Emmerson Mnangagwa’s spokesman George Charamba says there is nothing to celebrate about the United…

April 17, 2024

Two British aristocrats target one of Zimbabwe’s biggest lithium assets

Over drinks back in 2019, two British tycoons, Algy Cluff and Michael Spencer, agreed to…

April 16, 2024

Chamisa accused of destroying the opposition but says opposition is not one person

Former Citizens Coalition for Change leader Nelson Chamisa has been accused of destroying the opposition…

April 15, 2024