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• 16:14, 28 November 2022 Alex talk contribs created page Debt - a tool of neocolonialism in Africa (Created page with "Debt accentuates the underdevelopment of African countries and their subordination to the capitalist powers In colonial times, the great Western powers plundered Africa's resources and found in debt another means of subordination to preserve their hegemony. When the countries of the South gained their independence in the 1960s, debt became a principal mechanism of neo-colonialism. New debt context in Africa and perspectives Covid context and war against Ukraine: Afri...")