News24

Recession 'may be good for Africa'

2010-04-01 08:04

Johannesburg - Nelson Mandela's wife Graça Machel says decreased aid to Africa due to the global recession could be a good thing for the continent.

The former Mozambican first lady told The Associated Press on Wednesday that less foreign funding will force African governments to mobilise resources internally, reducing dependence on external support.

"If we are clever enough, and we are responsible enough... it's time... to rely more and more on our own resourcefulness and the ability to engage our own people," Machel said.

Machel advocated for industrialisation and regional integration on the continent as an approach to developing a "win-win" situation for African countries and their trading partners.

Machel was speaking on the sidelines of a nutrition conference in South Africa.