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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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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.
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.
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.
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.
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.
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.
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.
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.
The poetic historicity of African civilizations and the rupture of the middle passage
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