Africa: Debt, despots and domination

At this time we have to go beyond celebrating the carrot of debt relief being offered to Africa by the west and look critically at the conspiracy of forces that has positioned this continent at the bottom of the global economic pyramid, writes Chris Ngwodo of Nigeria World. "It goes without saying that even with total and unconditional debt cancellation, African countries would still be in no position to launch themselves into the orbit of first world development. At best, their chances of such a transmutation might improve. To truly release Africa from the curse of servitude, we need to recognize the workings of the unholy trinity of transnational corporations, local despots and western governments and their satellite monetary institutions."