African bishop slams ‘outdated, biased’ global finance system

African bishop slams ‘outdated, biased’ global finance system

YAOUNDÉ, Cameroon – Nigerian Bishop Mathew Hassan Kukah of Sokoto says the global financial system is outdated and failing people,” particularly in Africa. The bishop’s comments to Crux came in the wake of the Jubilee Report published recently by the Vatican. The report presented by the Pontifical Academy of Social Sciences, argues that the current system is inherently biased, forcing developing nations, particularly in Africa, into a cycle of d…

Africa sees unjust economic system as a source of poverty – Daily News

DAR ES SALAAM: CIVIL society organizations from various African countries said poverty in Africa is not an accident, but a result of an unjust economic system,” emphasizing that what the continent needs is justice, not charity. The meeting was championed by the Global Call to Action Against Poverty(GCAP Africa) This message was delivered by Martina Kabisama, National Coordinator of the GCAP Tanzania Coalition and the National Coordinator for Sah…