USA Africa Dialogue Series - Paul Theroux Critiques Philanthropy in Africa

"Never mind that Africa receives roughly $50 billion in aid annually from foreign governments, and perhaps $13 billion more from private philanthropic institutions, according to Penta's estimate. Never mind that Angola's oil revenues are around $72 billion, and Nigeria's $95 billion; that Africa boasts at least 55 verified and somewhat detached billionaires. I can testify that Africa is much worse off than when I first went there 50 years ago to teach English: poorer, sicker, less educated, and more badly governed. It seems that much of the aid has made things worse."

- Paul Theroux

http://m.barrons.com/articles/a/SB50001424053111903747504579185800700741812?mg=reno-barrons


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