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Subject:
From:
Emilie Songolo <[log in to unmask]>
Reply To:
African Association of Madison <[log in to unmask]>
Date:
Wed, 21 Mar 2012 14:57:56 -0500
Content-Type:
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Parts/Attachments:
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Three years before economist Dambisa Moyo's "Dead Aid", Economist Ngozi Okonjo-Iweala exorted people to do business in Africa in this TED talk: 
 http://www.ted.com/talks/ngozi_okonjo_iweala_on_doing_business_in_africa.html
 
It's about time the world started listening to these sisters with great minds. I think they are teaching the world what global economic reform should be. 
 
Peace, 
--Emilie 
 
 
 
On 03/21/12, traore aliou wrote:
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> Along that line, this Zambienne writer has made a good point as well. 
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> Her book is call "Dead Aid" regarding to the aid sent to African countries. 
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> It's a video of 27 mn, but interesting. Watch it if you got time. 
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> http://youtube.co/watch?v=dyf2Cf5GkTY
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> Date: Mon, 19 Mar 2012 11:44:54 -0700
> From: [log in to unmask]
> Subject: : What a story
> To: [log in to unmask]
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> Reporter Greg Palast Exposes How U.S. "Vulture" Funds Make Millions by Exploiting African Nations
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> Read the full article here:
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> http://www.democracynow.org/2011/11/22/reporter_greg_palast_exposes_how_us
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> Excerpt:
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> > GREG PALAST: Mr. Grossman, hi. Greg Palast, BBC and Guardian.
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> > I tracked down an elusive American speculator to his New York lair. He’s been awarded $100 million against one of Africa’s most poverty-ravished nations, for a debt he bought for just $3.3 million, under very mysterious circumstances.
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> > PETER GROSSMAN: And I’m not beating up the Congo. I’m collecting on a legitimate claim.
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> > GREG PALAST: You’re collecting on a legitimate claim.
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> > While the rest of the world wrote off the debts of Congo and other poor nations to make poverty history, Peter Grossman and his fellow vulture financiers saw a chance to profiteer from the public’s generosity. Their scheme is to get rich quick by buying up worthless African debt, then suing for 10 or 100 times what they paid for it.
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> > Do you think it’s fair that your vulture fund has sought $100 million from the Congo?
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> > PETER GROSSMAN: Yeah, I do, actually.
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> > GREG PALAST: You do?
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> > PETER GROSSMAN: Can I ask—can I ask you—
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> > GREG PALAST: For a debt that you paid only $3 million for?
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> > PETER GROSSMAN: That’s not true.
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> > GREG PALAST: Our investigation began in the Congo, suffering from an epidemic of cholera.
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> > I’m heading out of the capital, Kinshasa. The cholera epidemic is sweeping the country. I’m driving to an encampment where the victims are cared for and quarantined. It’s still a struggle for the people here, in a nation just now recovering from years of civil war.
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> > CHOLERA CENTER DOCTOR: This place is what we call a cholera treatment center. It’s set up in Kinshasa, part of the town called Kingabwa.
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> > GREG PALAST: They’ve already treated 8,000 cholera patients, including 11-year-old Edoma Ensako.
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> > _____________________________________________________________________
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> > The higher the returns on the crime, the more legal it is.
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> > One pound
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--
---------------------------------------------------------------------- 
Emilie Ngo-Nguidjol Songolo 
Bibliographer for 
African Studies, Social Sciences, and Francophone Studies
Memorial Library, Room 278F 
University of Wisconsin-Madison 
728 State Street 
Madison, WI 53706-1494 
U.S.A 

Email: [log in to unmask] 
Tel: 608-265-4740 
Fax: 608-265-2754 
http://www.library.wisc.edu/ 
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