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Rather than Africa being a hapless continent dependent on the rest of the world, it is the exploited continent whose natural resources are enriching a local and global elite at the expense of the vast majority of its citizens, and whose governments can do little about the illegal syphoning of revenue into tax havens.
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Africa is still the continent most dependent on commodity exports.
Africa is far from a world-beating economic hub; it has huge pockets of grinding poverty and is still the continent most dependent on commodity exports.
In North America, the shale-energy revolution in the US, Canada's oil sands, and the prospect of more onshore and offshore oil production in Mexico (now that its energy sector is open to private and foreign investment) have made the continent less dependent on Middle East supplies.
The continent remains hugely dependent on expensive fossil fuel sources for primary energy consumption, while renewable energy still accounts for only 20% of installed generation capacity, despite recent progress.
Today the continent is more dependent on foreign aid than ever--itself a special burden, for global demands on the developed world's resources are multiplying.
With over 27 million of these animals in Africa it is not unreasonable to estimate that over 100 million people on the continent are heavily dependent on the working equine for the economic viability of the family unit [ 2].
For decades the continent has been worryingly dependent on commodities to power economic growth.
Whereas in America capital markets are on hand to finance companies (through bonds), the old continent remains far more dependent on bank lending to fuel economic growth.
To help overcome those deficiencies in a continent that is particularly dependent on herbal medicine, a group of researchers is assembling a pan-African pharmacopoeia a database of plants with medicinal properties.The Association for African Medicinal Plants Standards, a collaboration of medicinal-plant scientists from 14 countries, plans to launch the first edition of this database by December.
That sounds like a way of imposing uniformity rather than allowing competing views to flourish.If all these rules were pushed through, there would be a serious breakdown in the business of rating European debt, not a helpful development when the continent is already too dependent on its banking system for finance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com