Franklin Cudjoe writes in African Liberty:
Even old Socialist or even Communist States are fast embracing reforms and doing the obvious, instituting property rights and freedom of trade. Some are making the mistake, however, of adopting mercantilism, thinking that using the state’s power to gain access to resources abroad through bribes will command global respect. Africa is one place they are casting their glance.
Africa ought to position itself in time for the next biggest hunt for its resources. The onslaught however is on, and aggressively led by China with many offers. We seem to be buckling under the good old magical hand of foreign aid again.
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