Monthly Archives: November 2011

Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent, by L’once Ndikumana and James K. Boyce. Zed Books. London. £60 hardback; £12.99 paperback.

On November 9, 2011, Posted by , In News, By , With No Comments

Debt rip-off While Western governments are trying to recoup money from foreign tax havens, African countries are being forced to pay loans that have already made their way into illicit external accounts. Desmond Davies reviews a book that throws light on a disturbing situation When President Olusegun Obasanjo came to…