Trade between Africa and China jumped over the last decade. China is promising $1 billion in aid to the African continent, while also cancelling other debts. Clean energy is on the agenda, but also China's blind eye cast at human rights failings.
Fundamental changes in how Americans view their economic situation will have an impact on spending for some time. Consumer confidence fell in 2008 further than any year in the last 50 years.
Aid to Africa has come in the billions and has apparently only improved the lives of the wealthy and powerful. Time to reassess the development business.
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