Oct. 17th, 2014

nairiporter: (sunrays)
Africa Can Be Its Own 'Switzerland'
http://allafrica.com/stories/201410161953.html

Africa has the capacity to access at least 200 billion dollars for sustainable development investment but it will remain a slave to foreign aid unless it improves the climate for investment and trade and plugs illicit financial flows, development experts say.

"Africa is not poor financially but it needs to get its house in order," Stephen Karingi, director of regional integration, infrastructure and trade at the United Nations Economic Commission for Africa (ECA), told IPS during the commission's Ninth African Development Forum, which is being held in Morocco from Oct. 13 to 16.

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