Saturday, 13 September 2008

DEVELOPMENT-AFRICA: Why The Richest Continent Is Also The Poorest


By Miriam Mannak

ACCRA, Sep 5 (IPS) - The ecological impact of natural resource exploitation on the lives of the poor in Africa and other regions is not being addressed sufficiently in aid effectiveness and development discussions, aid experts say.

"Africa is known as one of the richest parts of the world when it comes to natural resources, yet it is also the poorest region -- despite the natural wealth and the aid flow," said Charles Mutasa, executive director of the African Forum and Network on Debt and Development (AFRODAD) – a Zimbabwe-based NGO working on Africa's debt problem.

http://ipsnews.net/news.asp?idnews=43808

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