Lady Arikana Chihombori Quao, former AU Ambassador to the US, in this video, says the successes recorded by World Bank and IMF are enhanced by failures of African nations meaning that the more Africa degenerates into poverty sites, the more successful those funding bodies become.
She also says that monies lent to developed nations by the international funding bodies at interest rates of about 1.5% are lent to African and other underdeveloped countries at rates as high as 9% so that they remain impoverished and underdeveloped, and it was high time Africa and other underdeveloped nations rose to the poverty challenge and threw dust in the face of the greedy money lenders.


