Canada eyes resources in Nigeria and Ghana as aid shrinks

From Aid | The Guardian Fri Nov 16 2012, 04:46:10

Ottawa is boosting its trade strategy in Africa, tempted by investment opportunities in extractive resources and energy

With an initial focus on oil-producing Nigeria and mineral-rich Ghana, Ottawa is bolstering its trade strategy in Africa, but some within the international development and economic communities have expressed concerns about Canada's approach.

The Canadian government was criticised for cutting foreign aid a few years ago, and, in particular, when Africa felt the brunt. The Canadian International Development Agency ended bilateral programming in countries where aid efforts are hindered by high operating costs, including Rwanda, Zambia, Zimbabwe, Malawi and Niger. The agency also decided to reduce and concentrate its bilateral programming in five states, including Mozambique, Ethiopia and Tanzania.

Yet last month, after years of viewing the continent as mainly a foreign aid recipient, the Conservative government announced a trade mission scheduled for January encompassing the extractive resource industries and the infrastructure sectors related to energy, power generation and mining.

[view whole blog post ]
 See More    |     Report Abuse

People and Organizations:


You might also be interested in the following news stories:

Africa:   U.S.-Africa Summit Must Listen to Voices of the People (guest column)
allAfrica.com
24 July 2014

In a guest column for AllAfrica, E. Gyimah Boadi of Ghana's Center for Democratic Development says the vast majority of Africans who prefer democracy over authoritarian regimes deserve to be heard at ... [read more]

Zambia:   Fifa Gives Zambia Green Light to Investigate Kalusha for Corruption (news)
Zambia Reports
24 July 2014

FIFA has given Zambia's Anti Corruption Commission (ACC) green light to investigate the element of criminality in FAZ president Kalusha Bwalya's alleged personal debt borrowed in the name of the ... [read more]

Zambia:   Bank Account Links Mwango Sata and Sichinga to Chinese Contractor (news)
Zambia Reports
24 July 2014

According to a newly leaked bank account statement, the Chinese road contractor Jiangxi Corp appears to have made direct payments to both President Michael Sata's son, Mwango Sata, as well as his ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!