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Africa
It is easy and fashionable to be pessimistic about Africa's
future. This bleak continent has been stricken by drought, civil
war and AIDS. Countries have been brutalized by tinpot dictators.
Poverty has bred corruption; unlimited power has bred greed. Investors
see few prospects and many headaches in Africa, and look elsewhere.
Lacking the money and often the political will, African governments cannot
maintain their public services and infrastructure adequately. But
aid donors ask politely for some "good governance". In the race for
economic development, Africa lags far behind East Asia and Latin America.
But this is not the whole story. Africa is on the move. true,
it is not moving fast enough. Nonetheless, slowly and painfully, some countries
have become democratic and moving in the direction of non-inflationary
export-led growth promoted through the private sector. Do not expect miracles.
But reform is in the air.
History: remarkably consistent
Portuguese master-mariners were among the first Europeans
to discover Africa in the Middle Ages. They eventually established
trading posts and found what they thought was a solution for their need
for workers on distant plantations in the Caribbean and North and South
America: Slavery. Many thousands of free African men and women were
sold off and shipped across the Atlantic in appalling conditions, in which
many died. At the final destination they suffered the humiliation
and the degradation of being a white man's chattel. Generations later,
the wound has still not completely healed. Thanks in part to whites
endowed with a conscience, such as William Wilberforce, and Abraham Lincoln,
the slave trade was mostly eliminated in the 19th century. At the
end of the same century, however, the European powers launched their "grab
for Africa". In sub-Saharan Africa only Ethiopia escaped complete
colonialism until the 1930s, when Italy invaded. The clear winners
were Britain and France, followed by Germany, Portugal, Belgium, and Spain.
After Germany lost the first world war (1914-18), its possessions were
shared out among the rivals. Tanganyika went to Britain, South-West
Africa ( now Namibia)to (British) South Africa, Ruanda-Urundi ( Rwanda
and Burundi) to Belgium, Kamerun ( Cameroon) to France and Britain, and
Togoland (Togo) to France.
The colonial Experience
Government by Europeans had a mixed impact. Britain
and France bequeathed to post-independence governments an infrastructure
including roads, railways, harbors, a legal system, a brief parliamentary
experience, schools and teacher-training colleges, police and civil servants.
In East and Southern Africa however, the British settlers grabbed all the
best lands for farming. The Belgians were different; when they abandoned
the Congo (now Zaire), they left a huge country with very few trained people
and very little in the way of infrastructure. Portugal trained and
"assimilated" a minuscule portion of the African populations of Angola
and Mozambique but gave most jobs to colonists. when the colonists
fled, on independence, they took their skills with them. one thing
was common to the colonial experience; when it ended, the Africans cheered.
Freedom
Independence came with little trouble. Britain and
France handed over in stages. Under strong pressures from ambitious
black politicians, they first set up autonomous governments, mostly with
black majorities and black chief ministers. Kwame Nkrumah in the
Gold Coast, later renamed Ghana, was among the first. Their independence
from Kenya may have been hastened by the outbreak of Mau Mau terrorism
against white farmers but elsewhere the transition was mostly peaceful.
Many French colonies were made autonomous members of the French Union in
1958 and given the opportunity of remaining politically an integral part
of France. They chose independence, and many were given their freedom
in 1960. Belgium granted freedom to the Congo also in the 1960 but
with virtually no preparation. the ensuing shambles led to the first
international intervention by United Nations under its activist secretary
general- Dag Hammarskjold. Portugal was the exception: Under two
strongmen, Antonio de Salazar and Marcello
Caetano, it hung onto it's possessions tenaciously by
spending huge sums on its armed forces. Independence came only after
the regime in Lisbon was ousted in 1974 and the revolutionaries in the
Portuguese capital handed it over in a rush.
The end of Euphoria
Post independence African governments often seemed to
fit a pattern. The new presidents wanted to assert their own ideas
and reject those of their former rulers. They also found that they
enjoyed the power and wanted to keep it. Accordingly, many presidents
soon turned their country into one party states with them as party bosses.
All power accrued to them. Civilian politicians could do little except
serve the party boss or go into exile. But discontented army officers
who thought they could run the country better were different: They had
guns and could threaten to use them. The first military coups soon
followed and became a miserable custom for much of Africa. Another
post-independence pattern emerged. seeking to assert their own control
of the economy, many of the new governments nationalized the banks and
mining companies, set up state owned marketing boards for commodities and
controlled trade tightly. But they lacked the expertise to do the
job efficiently. It soon became clear that their policies were counter-productive.
For further information, contact Global Markets
Limited.
CONTACT RAMESH C MANGHIRMALANI
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