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June 12, 2005

Why Not Use Africa's Oil And Mineral Wealth To Save Africa?

Naomi Klein raised a pertinent question in a June 10, 2005 article in The Guardian headlined A noose, not a bracelet. The article focused on Chancellor of the Exchequer Gordon Brown's call to the "richer oil-producing states" of the Middle East to fill the funding gap" in writing off Africa's debt.

"Here is a better idea," she wrote: "instead of Saudi Arabia's oil wealth being used to "save Africa", how about if Africa's oil wealth was used to save Africa - along with its gas, diamond, gold, platinum, chromium, ferroalloy and coal wealth?"

That's a great question, Ms. Klein. Of course, we know the majority of Africa's people will not benefit from the continent's vast wealth. We in the west will. See "No joy in Africa's 'black gold.'"

Posted by Munir Umrani at June 12, 2005 07:38 PM

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