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Foreign Aid Does Not Help Africa
Africa is portrayed as corrupt by the West. But what is missed is that much of the corruption is enabled - if not actively encouraged - by the West. In fact, it’s Western greed for Africa’s resources that often drives this.
The point is well made in this clip from - perhaps surprisingly - a US investor working in Africa. Brad Rohrs notes that so-called aid for Africa is often nothing more than a way of disguising bribes for officials. Obviously depositing large amounts of cash into their bank accounts is going to trigger anti-money laundering security systems, but dress up the kickback as a bit of do-gooder charity and things are easier.
So next time you hear about African corruption, remember also how the West is deceptively securing favourable resource contracts!
Let us know your thoughts in the comments.
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