Foreign Aid Does Not Help Africa

1 year ago
30

Africa is portrayed as corrupt by the West. But what is missed is that much of the corruption is enabled - if not actively encouraged - by the West. In fact, it’s Western greed for Africa’s resources that often drives this.

The point is well made in this clip from - perhaps surprisingly - a US investor working in Africa. Brad Rohrs notes that so-called aid for Africa is often nothing more than a way of disguising bribes for officials. Obviously depositing large amounts of cash into their bank accounts is going to trigger anti-money laundering security systems, but dress up the kickback as a bit of do-gooder charity and things are easier.

So next time you hear about African corruption, remember also how the West is deceptively securing favourable resource contracts!

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