Keyword: debt

Should Africa Repay its 'Odious' Debts?

Video During the past four decades Sub-Saharan Africa has experienced a financial haemorrhage, much of it as a result of corrupt, kleptocratic dictatorships that funnelled money out of the country to international banks during the Cold War. While many dictators have fallen, the results of their corrupt ways still affect the people of the subcontinent. Is it fair to ask Africans to pay back the loans of corrupt dictators? Africa’s people are poor because “the subcontinent's...