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The Benin Epilogue Part I: Africa-Ready for Business

  • Permalink for 'The Mediocrity of African Leadership' The Mediocrity of African Leadership
    Posted: June 18th, 2008, 4:23am EDT
    The rising cost of food, Africa's energy deficiency and its projected failure to meet the Millennium Development Goals has forced a deeper conclusion that Africa has a serious leadership deficiency.
    Only 4% of national budgets are currently spent on agriculture, and investment is hampered by precolonial land rights that still prevail in most of sub-Saharan Africa. Meanwhile the cost of fertilizer has risen even more dramatically than the cost of fuel, leaving farmers facing a triple whammy: oil- and food-price rises.. Read More