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Should Africa Nations Sacrifice Fossil Fuels for Climate Change?

Unravel the complexities of economic development and environmental stewardship in the context of hydrocarbon exploration. This article delves into the practical and economic concerns faced by African nations, emphasizing the need for a balanced approach to combat climate change without compromising economic stability. Is the expectation for climate action disproportionately affecting economically disadvantaged countries? Find out more about the growing discourse and the call for compensations in this exploration.

A Cautionary Tale of IMF Loans: Economic Entrapment and Sustainable Growth.

Copyright: Johannes P. Christo

Kenya’s encounter with IMF loans in the 1990s serves as a stark reminder of the perils associated with external debt. This article unravels the story, shedding light on how the IMF’s conditionalities, such as the imposition of a value-added tax (VAT) on fuel, can lead to short-term fiscal boosts and long-term economic downturns. Examining the pitfalls of IMF-imposed SAPs, it urges developing nations to exercise caution and prioritize sustainable economic growth over quick fixes.