Friday, July 31, 2009

How does corruption operate in Africa?

Corruption has been again and again a characterisation of the African Continent, although corruption is spread in many forms in each country of the world. While I agree with most of Mr. Dike, Victor's statement in his article http://www.africaeconomicanalysis.org/articles/gen/corruptiondikehtm.html ), my main concern is about corruption that occurs between Big western Corporates and most of African Leaders. In her book Dead Aid , Dr. Moyo Ndambisa, deeply mentions the flow of aid to notorious tyrants and despots in the world who have proven to not convey aid to the very purpose of development it is supposed to serve. But some despots have gotten cash from world financial institutions and corporate businesses for decade. Until today, they are still getting the necessary financial support to give them the power to damage their respective country's economy. The question is why sustain a government that does not serve its citizens growth? Because it is easy to make money through dealing with dictators than stable regimes in Africa. I might be wrong but, my guess is if corrupting dictators like Kagame, Mobutu, Dos Santos did not yield good business results for the corporate, then no financial aid could be sent to them. And that is where the start of a vicious cycle of corruption is. Should I ask those who read me to support the idea that westerners should stop corrupting dictators? I am 99% sure that the day that will happen, Africa will rise.
Pierre S.

0 comments: