Seizing the Opportunity to Reposition Africa-U.S. Relations.(AFP)

AMERICA, an exceptional place, has long stood out for a willingness to take big bets on the rise of others. Post-war American governments devoted vast amounts of money, attention and military might to rebuilding or being the midwife of economies and democracies in Europe and Asia, with spectacular results. Of the country’s 15 largest trading partners today, 11 are former recipients of American aid.

Now Africa is set to deliver a fresh asymmetric shock to the global order, taking its place as the last great emerging market. Its population is set to double by 2050, and will be astonishingly young (see chart). Does Barack Obama’s America have the patience and confidence to welcome this change, harnessing it for mutual gain? Or is today’s America more like an old-world power, risk-averse, inward-looking and fearful of change? Africa may seem a sideshow now, but it is not a bad test of America’s standing in the world.

Dr. Carlos Lopes, Executive Secretary of the UN Economic Commission for Africa. (Photo UNECA)

The Executive Secretary of the UN Economic Commission for Africa, Mr. Carlos Lopes, has called for a ‘revisit of the global perception of Africa,’ which continues to be one of a continent plagued by crises and a place where making investments is hazardous.

Mr. Lopes was speaking at the opening of a two-day “Global Growth Conference”, Thursday, in Rabat, Morocco, at the initiative of the Amadeus Institute,an independent Moroccan think tank and policy organization founded in 2008. The Conference is focusing on “The economic emergence of the African continent”.

Sub-Saharan African countries that invest in training doctors have ended up losing $2 billion as the expert clinicians leave home to find work in more prosperous developed nations, researchers said on Friday.

A study by Canadian scientists found that South Africa and Zimbabwe suffer the worst economic losses due to doctors emigrating, while Australia, Canada, Britain and the United States benefit the most from recruiting doctors trained abroad.

Private Jets, Mansion in high-class neighborhoods around the world, Designer Clothes, Speed Boats and Yates, etc… are the pickings of commodities in the shopping cart by the looted wealth. (Image Al Jazera)

The recent uprisings across the Middle East and North Africa have revolved around one common theme - a popular desire for freedom from repression.

African countries are giving away vast tracts of farmland to other countries and investors almost for free, with the only benefits consisting of vague promises of jobs and infrastructure, according to a report published on Monday.

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