Connect with us

News

At UN, African leaders say enough is enough: They must be partnered with, not sidelined

Published

on

ABUJA, Nigeria (AP) — If you listen to the African leaders addressing the U.N. General Assembly this year, the message is emphatic and unanimous: The continent is done being a victim of a post-World War II order. It is a global power in itself and must be partnered with — not sidelined.

Most of Africa has logged a lifetime of independence — roughly 60 years — and the continent of more than 1.3 billion people is more conscious of the challenges stifling its development. There’s also a new boldness that comes with the African Union’s G20 seat.

“We as Africa have come to the world, not to ask for alms, charity or handouts, but to work with the rest of the global community and give every human being in this world a decent chance of security and prosperity,” Kenyan President William Ruto said.

In recent years, Africa has been clear about its capacity to become a global power, from efforts to tackle climate change at home — such as the existential threat of climate change upending lives and livelihoods in the region, despite Africa contributing by far the least to global warming — to helping to foster peace elsewhere, like in Russia and Ukraine.

In his address, Ghana’s President Nana Akufo-Addo blamed Africa’s present-day challenges on “historical injustices” and called for reparations for the slave trade. President Cyril Ramaphosa of South Africa said the continent is poised to “regain its position as a site of human progress” despite dealing with a “legacy of exploitation and subjugation.” Nigeria’s leader, Bola Tinubu, urged his peers to see the region not as “a problem to be avoided” but as “true friends and partners.”

“Africa is nothing less than the key to the world’s future,” said Tinubu, who leads a country that, by 2050, is forecast to become the third most populous in the world.

With the largest bloc of countries at the United Nations, it is understandable that African leaders increasingly demand a bigger voice in multilateral institutions, said Murithi Mutiga, program director for Africa at the Crisis Group. “Those calls will grow especially at a time when the continent is being courted by big powers amid growing geopolitical competition.”

A PARADOX, YET UNSTOPPABLE

On the U.N.’s sidelines, the African Development Bank mobilized some political and business leaders at an event tagged “Unstoppable Africa,” a phrase seen as reflective of the continent’s aspirations just days after the first-ever Africa Climate Summit called richer countries to keep their climate promises — and invest.

But with a young population set to double by 2050, Africa is the only rapidly growing region where its people are getting poorer and where some are celebrating the rampant takeover of their democratically elected governments by militaries.

“Africa is a paradox,” said Rashid Abdi, Horn of Africa/Gulf chief analyst at the Nairobi-based Sahan Research think tank. “It is not just a continent of dwindling hope, there are parts of Africa where we are seeing innovation, progressive thinking and very smart solutions.”

Abdi said the world is becoming more interested in Africa and how it contributes to current global challenges.

“There is definitely potential for Africa to be more assertive and to drive progressive and fairer change in the global system,” he said.

For Ghana’s Akufo-Addo, correcting an “unfair” world order must begin with the payment of reparations from the era during which an approximated 12.5 million people were enslaved, according to the often-referenced Trans-Atlantic Slave Trade Database.

“It is time to acknowledge openly that much of Europe and the United States have been built from the vast wealth harvested from the sweat, tears, blood and horrors of the trans-Atlantic slave trade and the centuries of colonial exploitation,” Akufo-Addo said.

A SEAT AT THE TABLE

The continent relies heavily on foreign aid for its development needs, receiving the largest share of total global aid, according to the Paris-based Organization for Economic Cooperation and Development. Still, it continues to suffer from a global financial system that forces its countries to pay eight times more than the wealthiest European nations, resulting in surging debt that eats up what is left of dwindling government revenues.

In 2022, Africa’s total public debt reached $1.8 trillion, 40 times more than the 2022 budget of the continent’s largest country Nigeria, according to the U.N.’s agency for trade and development.

“Africa has no need for partnerships based on official development aid that is politically oriented and tantamount to organized charity,” President Felix-Antoine Tshisekedi of the Democratic Republic of the Congo said. “Trickling subsidies filtered by the selfish interests of donors will certainly not allow for a real and effective rise of our continent.”

Tshisekedi’s country has the world’s largest reserves of cobalt and is also one of the largest producers of copper, both critical for clean energy transition.

What Africa needs instead, according to Mozambican President Filipe Nyusi, is a more inclusive global financial system. In such a system, Nyusi said, Africans can participate as “a partner that has (a) lot to offer to the world and not only a warehouse that supplies cheap commodities to countries or international multinational corporations.”

The coronavirus pandemic laid bare how the challenges could be life-threatening: Officials were forced to confront that barely any drugs or vaccines were made on the continent, and that more solutions need to start at home.

CHALLENGES LIE AHEAD

Africa’s capacity is not only in its population but also its rich natural resources. However, speaking with a collective voice is stymied by national-focused, rather than regional, policies , said Ibrahim Mayaki, the African Union’s special envoy for food systems.

“The main obstacle to Africa’s development is its fragmentation in 50-plus countries,” said Mayaki at a New York event organized by the Africa Center think tank.

As African leaders spoke glowingly about the continent as a force on the global stage, some at home said the leaders must begin by delivering the dividends of democracy to their people.

In this richly endowed region, at least half of its 54 countries are among the 30 least developed in the world, according to the latest U.N. Human Development Index.

“People will respect you naturally if you’re doing well as a leader and they see your people are not suffering,” said Grace Agbu, a resident of Nigeria’s capital city, Abuja. “You don’t beg people to respect or partner with you.”

In Nigeria, chronic corruption and bad governance have robbed millions of the benefits of being Africa’s largest economy.

And on the day Ghana’s Akufo-Addo demanded equal rights and justice for Africa in his address, police officers in his country were arresting dozens protesting the country’s worst economic crisis in decades.

“If Africa wants to be taken seriously, its leaders need to address the serious challenges the continent confronts including preventable ones such as acute conflict in several parts of Africa and a wave of coups, some driven by despair among the population about a failure to deliver security and basic governance,” said the Crisis Group’s Mutiga.

Guinea’s military leader told the General Assembly the continent’s challenges sometimes have to be addressed by soldiers like him when elected presidents fail to do so. He took power after a 2021 coup.

“The era of the old Africa is over,” Col. Mamadi Doumbouya said. “This is the end of an unbalanced and unjust era where we had no say. It is time to take our proper place.”

Texas Guardian News
Continue Reading
Click to comment

Leave a Reply

Houston

Houston runoff elections: Tough mayoral race as early voting starts Monday

Published

on

U.S. Rep. Sheila Jackson Lee and Texas Sen. John Whitmire are headlining the runoff election this year after neither cleared the required 50 percent vote mark required to be called Houston’s next mayor.

Early voting for Houston’s runoff elections kicks off next Monday. Here’s what you should know.

Early voting begins Nov. 27 and runs through Dec. 5 before the election on Dec. 9. There will be nine races on the ballot.

Mayoral race

U.S. Rep. Sheila Jackson Lee and State Sen. John Whitmire are headlining the runoff election this year after neither cleared the required 50 percent vote mark required to be called Houston’s next mayor.

The two led a crowded race weeks ago when final ballot counts revealed that 42 percent of voters supported Whitmire and 35 percent voted for Jackson Lee. Jackson Lee and Whitmire were quick to become headbutting contenders, rising to the top of a crowded field of mayoral candidates for their legislative experience and notable endorsements.

Their months-long heated race for the seat has stayed the subject of local and national headlines after their campaigns dished out thousand of dollars in advertisements and billboards.

Gilbert Garcia came in third place in the general election with 7.2 percent of the vote, and former city councilman Jack Christie followed with 6.9 percent of the vote.

The eight other races in the runoff are for city controller and seven of the 16 seats on the Houston City Council, including four of the five at-large positions. Here’s what else is on the runoff ballot.

Other races on the ballot

City controller – Former Harris County treasurer Orlando Sanchez against former Harris County Clerk Chris Hollins

District D – Incumbent Carolyn Evans-Shabazz against Travis McGee

District G – Incumbent Mary Nan Huffman against Houston attorney Tony Buzbee

District H – Mario Castillo against Cynthia Reyes Revilla

At-large position 1 – Julian Ramirez against Melanie Miles

At-large position 2 – Willie Davis against Nick Hellyar

At-large position 3 – Richard Cantu against Twila Carter

At-large position 4 – Letitia Plummer against Roy Morales

Texas Guardian News
Continue Reading

News

PeacePro call on FG to prosecute all those involved in $11b P&ID fraud conspiracy

Published

on

Says every penny spent on ligation must be recovered from economic saboteurs

A peacebuilding think tank, Foundation for Peace Professionals also known as PeacePro has called on the Federal Government of Nigeria to prosecute all those involved in the conspiracy to defraud Nigeria by Process & Industrial Developments (P&ID) Limited.

PeacePro said that, the attempt to defraud Nigeria by P&ID to the tune of $11billion is not an isolated case, as several of such cases exists, some of which maybe ongoing and others concluded, noting that those involved in the scam are a cartel that must be exposed and severely punished.

In a statement by the Executive Director of PeacePro, Amb Abdulrazaq Hamzat over the weekend, PeacePro said that Commercial Courts of England and Wales saved Nigeria from what could literally be described as catastrophe of the greatest order and we must do everything possible to ensure the country is never put at the mercy of foreign government to address crisis of such magnitude.

According to Hamzat, after a long, tortuous legal battle, Nigeria narrowly escape from a hefty penalty of over $11billion over a fraudulent failed 2010 deal to develop a gas processing plant in the country.

Justice Robin Knowles of the Commercial Courts of England and Wales halted enforcement of a $11 billion Process & Industrial Developments (P&ID) Limited arbitration award against Nigeria, which has been described as scam.

According to the judge, the company’s award against Nigeria was obtained by fraud.

Hamzat explained that, Nigeria may have succeeded in upturning the fine, which is about 30% of our national budget, but that is after spending over $40 million in litigation fees and the federal government must treat all those involved as economic saboteurs.

Hamzat maintained that, those involved are scattered amongst the senior civil and public servants, with support of some private players and President Tinubu and the national assembly must address the situation like a national emergency.

He concluded that all business deals involving govt, either concluded or currently disputed should be reviewed to identify pattern of fraud and the respective players.

Texas Guardian News
Continue Reading

Business

Businessman sentenced in $180m bank fraud that paid for lavish lifestyle, classic cars

Published

on

CLEVELAND (AP) — A businessman who orchestrated a $180 million check-kiting scheme and used the proceeds to live a lavish lifestyle and amass one of the world’s most revered classic car collections has been sentenced to more than eight years in prison.

Najeeb Khan, 70, of Edwardsburg, Michigan, told a federal judge Thursday that he was “blinded by greed” to carry out the scheme and buy more than 250 cars, as well as airplanes, boats and a helicopter, according to Cleveland.com. Besides receiving a 97-month sentence, he must pay $121 million in restitution to Cleveland-based KeyBank, $27 million to clients and $9.8 million in back taxes.

Authorities have said Khan carried out the fraud from 2011-2019 while growing his payroll processing business in Elkhart, Indiana. He funneled dozens, sometimes hundreds, of checks and wire transfers with insufficient funds through three banks, artificially inflating the amount in his accounts. He siphoned off about $73 million for himself.

He used the money to fund a lavish lifestyle that included expensive vacations, mansions in Arizona and Michigan and properties in Florida and Montana, as well as planes and yachts. His massive car collection included pristine vintage Ferraris, Fiats and Jaguars.

Khan had plead guilty to bank fraud and attempted tax evasion. His attorneys said he had helped his victims recover some funds, in part by selling off his car collection that fetched about $40 million at auction.

Prosecutors said that when Khan’s scheme collapsed, about 1,700 of his clients lost out on money Khan’s company had withdrawn for payroll taxes. Those companies included small- and mid-sized businesses, nonprofits and charities, including the Boy Scouts of America and four Catholic dioceses.

Some victims had to pay the IRS or their employees out of their own pockets or take out lines of credit, prosecutors said. Others laid off employees.

Texas Guardian News
Continue Reading

Trending