My Beautiful Black Ancestry
  • News
    • World
    • Politics
    • Business
    • Sports
    • Entertainment News
    • Celebrity News
  • Talents & Achievements
  • Health & Wellness
  • Beauty & Fashion
  • History & Culture
  • Travels & Tours
  • See More
    • Relationships
      • Breakup Alert
      • Love Confessions
      • Love Tales
      • Life & Love
    • Diary of an Angry and searching Nigerian Girl
    • Kids Corner
    • Global Black Celebration
    • Trending
    • Grooming
    • Hair
  • Contact Us

Subscribe To Our Newsletter

Be the first to get breaking news, historical events, culture, fashion, politics, business, entertainment, celebrity, and healthcare updates from beautiful Africans across the globe straight to your inbox

What's Hot

Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

January 28, 2023

Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

January 28, 2023

Tv Show on Ethiopia’s Queen Sheba in the Works 

January 28, 2023
Facebook Twitter Instagram WhatsApp
Trending
  • Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 
  • Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 
  • Tv Show on Ethiopia’s Queen Sheba in the Works 
  • Tyre Nichols: Memphis police to release fatal beating footage 
  • Keke Palmer Announces She Is Having a baby boy  
  • South African farmer warns of Lots of food shortages 
  • 65 Year-Old Black Mum, Betty, Attacked By White Texas Store Employees For Finding $50 On The Ground
  • Gerald Johnson, a pastor claims Demons In Hell Tortured Him With Rihanna’s songs 
Facebook Twitter Instagram WhatsApp
My Beautiful Black AncestryMy Beautiful Black Ancestry
  • News
    1. World
    2. Politics
    3. Business
    4. Sports
    5. Entertainment News
    6. Celebrity News
    7. View All

    A coup attempt in Sao Tome and Principe has failed 

    November 25, 2022

    Senegal beats World Cup host Qatar, 3-1 

    November 25, 2022

    Statue of German colonizer pulled down in Windhoek, Namibia 

    November 25, 2022

    Sex workers in Ghana increase charges over current economic hardship 

    November 24, 2022

    Former President Trump pleads with Meta to restore his Facebook account 

    January 19, 2023

    Obiang, Son Of Equatorial Guinea President, Arrested For Alleged Corruption 

    January 17, 2023

    Lori Lightfoot, a Chicago Mayor, Under Investigation For Encouraging Children To Volunteer For Reelection Campaign 

    January 15, 2023

    Church of England, Anglican Communion apologizes for links to slavery 

    January 10, 2023

    John legend launches Affordable Personal Care Brand for Melanin Rich Skin 

    January 17, 2023

    Meet The Women Who Created The Line Of Hygienic Hijabs For Muslims In Healthcare 

    January 17, 2023

    Virginia Couple Purchase Home With 90 Acres of Land to Build Generational Wealth For Their Kids 

    January 15, 2023

    Airbnb Places Ban On Slave Cabin Rentals 

    December 24, 2022

    Olympic Star Usain Bolt defrauded of $12m life savings 

    January 20, 2023

    Man City’s Benjamin Mendy cleared of six rape charges 

    January 13, 2023

    Tennis Champ, Naomi Osaka pregnant with her first child 

    January 12, 2023

    Former Cameroonian midfielder Modeste Mbami Dies of a heart attack  

    January 8, 2023

    Tv Show on Ethiopia’s Queen Sheba in the Works 

    January 28, 2023

    Keke Palmer Announces She Is Having a baby boy  

    January 27, 2023

    Girls Trip 2 to be Shot In Ghana 

    January 24, 2023

    Antoine Fuqua to Direct Michael Jackson Biopic, Set to Begin Shooting This Year 

    January 24, 2023

    Sha’Carri Richardson Removed From Flight Following Argument With ‘Disrespectful’ Attendant 

    January 24, 2023

    Beyoncé Performs Live For First Time Since 2018, Duets With Blue Ivy 

    January 22, 2023

    ‘He Wanted To Change For Me’: Cardi B Reveals Why She Called Off Divorce From Offset 

    January 20, 2023

    John legend launches Affordable Personal Care Brand for Melanin Rich Skin 

    January 17, 2023

    Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

    January 28, 2023

    Tyre Nichols: Memphis police to release fatal beating footage 

    January 27, 2023

    South African farmer warns of Lots of food shortages 

    January 27, 2023

    65 Year-Old Black Mum, Betty, Attacked By White Texas Store Employees For Finding $50 On The Ground

    January 27, 2023
  • Talents & Achievements

    Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

    January 28, 2023

    40-Year-Old South African Woman Sthembile, Graduates From Same College Where She Cleaned For 14 Years 

    January 24, 2023

    John legend launches Affordable Personal Care Brand for Melanin Rich Skin 

    January 17, 2023

    Nigerian artists win big at AFRIMA As Asake, Burna Boy and Davido Dominate  

    January 17, 2023

    R’Bonney Gabriel, Miss USA, Crowned Miss Universe 2022

    January 17, 2023
  • Health & Wellness

    John legend launches Affordable Personal Care Brand for Melanin Rich Skin 

    January 17, 2023

    Meet The Women Who Created The Line Of Hygienic Hijabs For Muslims In Healthcare 

    January 17, 2023

    New Study Shows How Black Women Experience Depression Differently 

    January 15, 2023

    Uganda receives first batch of Trial Vaccines For Ebola 

    December 9, 2022

    Black Woman, Jenny Mitchell Sues L’Oréal and Others, Alleges Hair-Straightening Products Caused Her Uterine Cancer 

    October 31, 2022
  • Beauty & Fashion

    10 Afro-Caribbean Beauty Influencers you should follow 

    July 18, 2022

    10 Black Beauty Influencers you should follow 

    July 12, 2022

    10 African Beauty Influencers You Should Follow  

    July 5, 2022

    10 South African Beauty Influencers You Should Follow 

    June 22, 2022

    Rihanna Honoured With A Digital Statue At Met Gala

    May 4, 2022
  • History & Culture

    The State Of California, is named after a Mythical Black Queen, Calafia 

    January 20, 2023

    The Story Of Hatshepsut, The Female Pharaoh Who Ruled Egypt as a Man 

    January 20, 2023

    The Story of Kalulu Ndugu M’hali, the Enslaved boy who has the Congo River Falls Named After Him 

    December 3, 2022

    60 Cute African girl names and their meanings  

    November 29, 2022

    60 Popular African boy names and their meanings  

    November 29, 2022
  • Travels & Tours

    Thousands Of Zulu Men Re-enact Historic Zulu Victory at Isandlwana 

    January 22, 2023

    3,500 years old Royal Luxor Tomb unveiled in Egypt 

    January 17, 2023

    LA Man, Dakrabo Set To Build $350million Film Studio In Ghana, Promises To Bring Hollywood To Ghana 

    January 17, 2023

    Top 10 most powerful African Passports

    January 13, 2023

    Meet Tracy Eboigbodin, The Nigerian Chef Who Won The 11th Series Of MasterChef Italia 

    December 30, 2022
  • See More
    1. Relationships
    2. Breakup Alert
    3. Love Confessions
    4. Love Tales
    5. Life & Love
    6. Diary of an Angry and searching Nigerian Girl
    7. Kids Corner
    8. Global Black Celebration
    9. Trending
    10. Grooming
    11. Hair
    12. View All

    Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

    January 28, 2023

    Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

    January 28, 2023

    Tv Show on Ethiopia’s Queen Sheba in the Works 

    January 28, 2023

    Tyre Nichols: Memphis police to release fatal beating footage 

    January 27, 2023

    Travis Scott and Kylie Jenner Reportedly Breakup Two Years After Rekindling Relationship 

    January 8, 2023

    Relationship Coach Derrick Jackson Announces Divorce From His Wife, After Getting Caught With Another Woman 

    December 10, 2022

    After 14 Years of Marriage, Tia Mowry Files For Divorce From Cory Hardrict 

    October 4, 2022

    Crystal Renay Accuses Husband, Ne-Yo Of Cheating Weeks After Renewing Their Vows

    August 1, 2022

    Popular Polygamist Kevin Wesley, Narrates How He Successfully Manages His “Queens”

    April 16, 2021

    Singer Mya Actually Got Married To Herself, She Has Been A Sologamist For 7 Years (Update)

    February 25, 2021

    August Alsina Says Will Smith Allowed Him Have An Affair With His Wife, Jada Pinkett

    July 1, 2020

    I Fell Inlove With A Single Married Man 16

    June 5, 2020

    Ray J And Princess Love Have Called Off Their Divorce For A Second Time

    March 19, 2021

    Following Their Reconciliation, Ne-Yo & Wife Crystal Smith Share The First Sonogram Video Of Their New Baby

    March 5, 2021

    Tennessee Black Couple, Tommy And Harriet, Celebrate 70 Years of Marriage

    October 13, 2020

    RekindledLove? Princess Love Files To Dismiss Divorce From Ray J

    July 14, 2020

    African Couple Celebrates their Journey of Marriage, 53rd wedding anniversary with heart warming photos

    August 28, 2021

    Meet Tonya McCray and Racquel McCray , the Mom and Daughter Who Are Working Together on the Same U.S. Navy Ship

    August 19, 2021

    Popular Polygamist Kevin Wesley, Narrates How He Successfully Manages His “Queens”

    April 16, 2021

    NORTH CAROLINA BEAUTIFUL WEDDING STORY: ROSCO AND MATTHEW MCKNIGHT’S INTIMATE WEDDING

    January 16, 2021

    I Fell Inlove With A Single Married Man 17

    December 21, 2020

    I Fell Inlove With A Single Married Man 16

    June 5, 2020

    I Fell In Love With A Single Married Man 15

    January 6, 2020

    I Fell In Love With A Single Married Man 14

    December 23, 2019

    Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

    January 28, 2023

    60 Cute African girl names and their meanings  

    November 29, 2022

    60 Popular African boy names and their meanings  

    November 29, 2022

    Romello, a Black Teen Buys New Shoes For his Classmate After He Was Bullied 

    November 14, 2022

    Milestones In History Uses Superheroes To Entertain And Educate Fans About Black History

    June 21, 2022

    Black Teen, Valaysia Smith Makes History As First Delegate To The Congress Of Future Medical Leaders

    May 26, 2022

    A record-breaking Ernie Barnes painting steals the show at Christie’s $831 million evening sales.

    May 16, 2022

    Meet Jarrett Bell, The First Black Sports Journalist To Win The Bill Nunn Jr. Writers Award

    May 15, 2022

    Brittney Griner To Work 16-Hours per day in  Mordovia Russia Prison 

    November 29, 2022

    Ye Allegedly Showed Ex-Staff Pornography And Explicit Kim Kardashian Videos 

    November 24, 2022

    Breaking: Migos Rapper Takeoff Reportedly shot dead over dice game in Houston, Texas 

    November 1, 2022

    Kansas City Pastor Carlton Funderburke, Apologizes For Calling out His ‘Broke’ Congregation For Not Buying Him a Luxury Wristwatch

    August 21, 2022

    50+ Inspirational Success Quotes by Black Men 

    July 13, 2022

    50+ Confidence and Self Love Quotes by Black Women 

    July 1, 2022

    Check Out These Beautiful African Braids Inspiration

    October 9, 2020

    Great Fashion Tips For Plus Size Black Women

    October 6, 2020

    Black Woman, Jenny Mitchell Sues L’Oréal and Others, Alleges Hair-Straightening Products Caused Her Uterine Cancer 

    October 31, 2022

    How Hair Straightening Chemicals May Increase Black Women’s Risk Of Uterine Cancer 

    October 23, 2022

    Akon Pays $7.5K for Hair Transplant In Turkey To Get New Hairline 

    October 20, 2022

    10 natural hair influencers you should follow  

    July 19, 2022

    Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

    January 28, 2023

    Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

    January 28, 2023

    Tv Show on Ethiopia’s Queen Sheba in the Works 

    January 28, 2023

    Tyre Nichols: Memphis police to release fatal beating footage 

    January 27, 2023
  • Contact Us
My Beautiful Black Ancestry
Home»News»SOUTH AFRICAN PRESIDENT DENIES FUSS ON AFRICAN COUNTRIES BEING LED INTO DEBT TRAP.
News

SOUTH AFRICAN PRESIDENT DENIES FUSS ON AFRICAN COUNTRIES BEING LED INTO DEBT TRAP.

By Precious ObadaraOctober 30, 2019No Comments6 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

PRESIDENT RAMAPOSA DENIES FUSS ON AFRICAN COUNTRIES BEING LED INTO DEBT TRAP.
The President of South Africa, Cyril Ramaphosa has denied the allegations that numbers of African countries in Africa are being led into a debt trap as they take up loans to fund a certain number of projects.
Ramaphosa dropped this hint during his weekly address from the desk of the President in Cape town after his return from the Russia-Africa Summit in Sochi last Week “ One need only look at initiatives such as the Forum on China-Africa Cooperation, which was last held in
Beijing in 2018 to see that the focus is now on partnership for mutual benefit on development, trade and investment and integration,” he said.

President Ramaposa disagreed with comments which tag initiatives like the recent Russia-Africa Summit as an attempt by world powers to expand their geopolitical influence.
African Countries had committed to the summit and used the opportunity to discuss ways on how to increase trade and cooperation between Russia and Africa saying the summit was a sign of the growing economic importance of Africa on the world stage.


“What we are witnessing is a dramatic rebalancing of the relationship between the world’s advanced economies and the African Continent,” Ramaphosa explained.
The South Africa President noted that Africa had overtime declared that Africa no longer wants to be passive recipients of foreign aid, he said.
He further explained that African countries are developing and their economies are increasingly in need of foreign direct investment.
“We are mindful of our colonial history, where the economies of Europe were able to industrialize and develop by extracting resources from Africa, all the while leaving the colonies underdeveloped,” Ramaphosa said. President Ramaphosa noted that up till now, Africa countries are still trying to stop the extraction of its resources, this time in the form of illicit financial flows through a commercial business, tax evasion, transfer pricing and illegal activities that cost the continent more than 50 billion dollars a year.

He further noted that the age where “development” was imposed from outside without taking into account the material conditions and respective requirements of our countries are now past.

“China, Russia, Organization for Economic Cooperation and Development countries and other large economies are eager to forge greater economic ties with African countries.

“This is because they want to harness the current climate of reform, the deepening of good governance,
macro-economic stability and the opening up of economies across the continent for mutual benefit,”
the president said.

what do you think about this Romance? Is this another scramble for Africa? pls, leave your comment below.

RAMAPOSA RUSSIA-AFRICA SUMMIT South Africa
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Precious Obadara

Related Posts

Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

January 28, 2023

Tyre Nichols: Memphis police to release fatal beating footage 

January 27, 2023

South African farmer warns of Lots of food shortages 

January 27, 2023

Leave A Reply Cancel Reply

Top Posts

Ortencia Alcantara And Her Involvement In The Death Of Kevin Samuels

May 7, 202230,944

Relationship Coach Derrick Jackson Announces Divorce From His Wife, After Getting Caught With Another Woman 

December 10, 202215,799

24 year old Ugandan Woman, Monica Karungi ‘Mona Kizz’, Jumps To Her Death From Dubai Skyscraper

May 3, 202211,367

Sandra Regina, Pele’s Secret Daughter Named In His Will, Despite Denying Her All Her Life 

January 18, 20239,261
Don't Miss
Kids Corner

Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

By AdaugoJanuary 28, 20230

Not only is Nicholas Buamah a show creator but he’s also an author of 3 published books and runs his own nonprofit, Books Without Borders, Inc.

Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

January 28, 2023

Tv Show on Ethiopia’s Queen Sheba in the Works 

January 28, 2023

Tyre Nichols: Memphis police to release fatal beating footage 

January 27, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Instagram
  • WhatsApp

Subscribe To Our Newsletter

Be the first to get breaking news, historical events, culture, fashion, politics, business, entertainment, celebrity, and healthcare updates from beautiful Africans across the globe straight to your inbox

About Us
About Us

MBBA Global is Africa's no.1 platform for breaking news, historical events, culture, fashion, politics, business, entertainment, celebrity, and healthcare updates from beautiful Africans across the globe.

Facebook Twitter YouTube WhatsApp
Editor's Picks

Nicholas Buamah, an 11-Year-Old Boy Creates a Sitcom About Smart Kids of Color 

January 28, 2023

Florida Teens To Sue Gov. DeSantis Over Rejection Of AP African American Studies Course 

January 28, 2023

Tv Show on Ethiopia’s Queen Sheba in the Works 

January 28, 2023
Latest Events

Four African American Celebrities That Recently Became Citizens Of African Countries

January 6, 20201,427

American Actress, Lisa Raye Crowned “Queen Mother Of Ghana” by “king” Yahweh

November 5, 2019110

The African Wedding That Has Left Many Jaws Dropping

May 30, 201865

Type above and press Enter to search. Press Esc to cancel.