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Showing posts with the label commerce

Germany faces its colonial legacy

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  Since the end of World War II, Germany has been grappling with the consequences of the Holocaust. Since about ten years, the country has also started facing its colonial history, especially in Sub-Saharan Africa. Germany started controlling territories in Africa in the 1800s, mostly after the "Scramble for Africa" initiated by Bismarck during the 1884 Berlin Conference, when the continent was divvied up among European countries. Germany annexed territories in present-day Cameroon, Togo, Ghana, and Namibia. After World War I, they lost most of their colonies, which were taken over by France and Great Britain. The Germans were brutal in their rule and committed genocide in Namibia in 1914. Until a few years ago, German city streets often carried the names of German colonizers, such as Petersallee in Berlin, dedicated to Dr. Carl Peters, who set off to start colonizing Eastern Africa in 1884. After the Berlin West Africa Conference, he was named Chairman of the German East-Afr...

2012 Columbia University African Economic Forum: Sanusi Lamido Sanusi's Keynote Speech

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On Friday and mostly on Saturday, April 13-14, 2012, Columbia University's School of International Policy held the 9th Annual African Economic Forum.   Nick Tattersall,  Knight-Bagehot Fellow in Business and Economics Journalism at Columbia University, introduced t he first keynote speaker:  Sanusi Lamido Sanusi  , Governor of Nigeria's Central Bank. Mr. Sanusi hails from Northern Nigeria; on Wikipedia , he is called "Mallam" (" learned " or "teacher," from the Arabic language), as he is also an Islamic scholar---probably a rarity in the banking world! He spoke softly (a little too softly for some of us, as the microphones were not working too well on the first day of the Forum) and couched his words carefully; however, his goals for Africa in general, and Nigeria in particular were quite clear: self-sufficiency leading to prosperity, and independence from foreign economic interests. I cannot, of course, provide here the full sp...