The implications of the Panama Papers for Africa, a flashback on the 1880s Berlin conference that divvied up Africa among European powers, the advantages of population growth and how this can be good for Africa, the need to reform the Nigerian economy: these are just some issues explored in the May issue of the Unleash Africa newsletter.
John Akhile, head of Unleash Africa, announces that “African countries are disproportionately represented in the roll-call of corrupt leaders around the world” and that “it is important that the perpetrators are prosecuted, as a deterrent to others.”
The Panama Papers are a set of 11.5 million leaked documents detailing attorney-client information for more than 214,000 offshore companies associated with the Panamanian law firm and corporate service provider, Mossack Fonseca. It details how wealthy individuals, including public officials from more than 40 countries, hide assets from public scrutiny.
Eron Henry, media coordinator, said the decisions made by the European powers in the 1885 conference and subsequent actions, continue “to undermine many African countries” and that African nations “have yet to transcend the history of divisions and conflicts bequeathed by Europe.”
Omono Juliana Eremionkhale, a freelance writer from Nigeria, wrote a piece titled, “Contrary to Popular Belief, Population Explosion in Africa Can Work to Our Advantage.” She said although high population growth “has been referred to as having catastrophic ramifications for people all over the world…. population growth in countries like the United Kingdom in the 19th century, made the industrial revolution possible.”
A population advantage can redound to the good of Africa, Eremionkhale explains. “If we do decide to fully industrialize our continent to ensure our economic prosperity, our numbers will definitely come in handy, as we have many people strong enough and willing to engage in various tasks to build, sustain and control our own resources and products when we trade with other continents.”
Akhile insists on the need for Africa’s largest economy, Nigeria, to be reformed, because, he said, the country “has done very little with very much.” Akhile declared it “time for Nigeria to rise up and work her way out of the abyss of poor management, bad cultural habits, and boneheaded decisions.”
The latest issue of the Unleashed Africa newsletter can be read at http://bit.ly/1Ty0w0p.
Unleashed is available for purchase at Amazon.com.