The World Bank and the IMF (the International Monetary Fund) were set up during the end of the Second World War to rebuild the economies of Europe. However, in order for the world bank and the IMF to implement their policies, they (the world bank and the IMF) began offering loans to poor countries but only if the poor countries privatized their economies and allowed western corporations free
The nuclear bomb America dropped on Hiroshima on August 6, 1945, instantly killed over 65,000 people and injured about 70,000 others. Also, the bomb flattened buildings and destroyed about 70% of Hiroshima's infrastructure. Hiroshima was a thriving Japanese city with a population of about 255,000 people.
Another nuclear bomb dropped on Negasaki, another Japanese city, 3 days later on August 9
In the new scramble for Africa, the Kremlin definitely don't want to be left out. In fact, Russia has quickly become a huge power broker in Africa and the consequences are already showing especially in countries already struggling with violence and corruption.
Russian mercenaries (the Wagner group) in the Central African Republic are facing multiple allegations of war crimes including torture
Every now and then we hear about foreign ships getting attacked by pirates in Somalia, Nigeria and some other parts of Africa. There are several thousands of hostage stories online today and the story is almost always the same.
In almost all these stories, pirates in Africa attack foreign ships, take hostages and demand huge sums of money as ransom. CNN, BBC, Fox News, etc. are full of such
Every great empire has longed for ownership of Africa for the same basic reasons. Africa is the most profitable corner of the world. In other words, no empire can grow, prosper and sustain itself without some “Africa”.
Africa’s unimaginable treasures, minerals and raw materials are the “backbone” on which empires grow and flourish. And talking about treasures, minerals and raw materials, it may
Not long ago, many of us (Africans back home) only saw Chinese people in "Kung fu" martial arts movies. We learned about China through characters like Bruce Lee and Jackie Chan. It may surprise you to know however that, over a million Chinese investors have permanently settled in Africa today with their families.
They (the Chinese investors) are coming with their families not because they love