The loss of the
Britain, which has taken over the lead, has pledged to give the Bank $4.3 billion in the 2008-2011 period compared to the
Should Africa rejoice at the record $25.1 billion (largest expansion in donor funding in IDA's history) hailed by Robert Zoellick (World Bank president) as the donor community’s demonstration to help “countries overcome poverty and achieve sustainable growth, especially in
Africa ought to learn what causes civilizations to collapse, use the lessons learnt and tap into the increased interest in the continent to rise to the top. A good place to begin will be to press for trade instead of aid and get people working instead of banking on external ‘benevolence.’ Donor funding will amount to naught unless Africans take full charge and responsibility for their own destiny.