Fw: PAMBAZUKA NEWS 926: THE WORLD'S FIRST TRILLIONAIRE: GLOBAL AFRICA, FINANCIAL CAPITALISM, AND NEOCOLONIAL STRUGGLES
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Emeagwali, Gloria (History)
Jul 13, 2026, 3:44:19 AM (yesterday) Jul 13
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PAMBAZUKA NEWS 926: THE WORLD'S FIRST TRILLIONAIRE: GLOBAL AFRICA, FINANCIAL CAPITALISM, AND NEOCOLONIAL STRUGGLES
The authoritative electronic weekly newsletter and platform for social justice in Africadition): ISSN 1753-6839 09 JULY 2026 |
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Elon Musk, the Trillionaire: The SpaceX IPO and the Terminal Crisis of Finance Capitalism
Campbell critically assesses the development of the world’s first trillionaire following the largest initial public offering (IPO) in history as a reflection of the deepening crisis of finance capitalism, which has become a brake
on real socioeconomic development and continues to starve the real economy of productive industrial investment.
Protecting the Victim or the Insurer: A Review of Britam General Insurance Company (Kenya) Ltd v Absalom [2026] eKLR
Mwende reflects on cases where insurers collect premiums without being made to compensate claimants for accidents due to technical reasons, to the detriment of the victim.
Caged Somalia: Can it be Liberated from a Demonic elite?
Somalis and their well-wishers are frustrated by the endless turmoil and the population’s wretchedness. Samatar examines why the Somali elite have failed to save their people who share dense cultural commonalities.
Against Ubuntu Idealism: A Political Economy Critique and the Material Roots of Xenophobia
Madzivhandila argues that xenophobia can only be addressed through a radical political economy, not solely moral appeals to Ubuntu, and that the Left needs new political strategies to succeed.
One Hundred Years of Lumumba, Fanon, and Malcolm: Concerning Non-Violence
In this teachable essay, Agozino identifies lessons that can be learned from the methods of work by iconic thinkers of African descent who are misrepresented as advocates of violence. The interpretation is original and affirms
that seeking non-violence trumps militarism in Africa today. There is an Africana philosophy of non-violence that we should study and practice more seriously as part of our liberation strategies.
Assata Olugbala Shakur: A Warrior of the Liberation Struggle has Joined the Ancestors
Brock pays homage to a global African fighter. On 25 September 2025, the earth released Assata Shakur to rest with the Ancestors. Sister Assata’s legacy lives through her struggles, art, political thoughts, (collective) actions,
and the millions of lives she impacted and defended.
Shadows of Neocolonialism: British Presence in Kenya and Russian Interests in Africa
A critical reflection contrasting Russia’s attempts to recruit Kenyans for war in Ukraine with the United Kingdom’s British Army Training Unit in Kenya and related accusations of recruiting foreign mercenaries to carry out subversive
activities in Africa. Mandarini warns that Africa is a vast, interesting, and autonomous world that should not be turned into a battlefield for world powers.
White Hand, Black Ammunition: Poverty, Deception, and Neo- Colonial Recruitment of Kenyans in Russia’s War
Oloo examines how Russia's fraudulent recruitment of Kenyan youth into its Ukraine war exposes neo-colonialism's newest means to weaponize poverty as Black ammunition.
I Am
The poetic historicity of African civilizations and the rupture of the middle passage
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