Why hasn’t the Commonwealth abandoned its colonial nature? The privatization of Africa’s state-owned companies is always linked to the US through its financial institutions, the World Bank and the IMF, with the introduction of Structural Adjustment Programs in the 1980s and 1990s. However, the British were behind the exploitation, privatization, and eventual collapse of Africa’s state-owned companies even before the introduction of the so-called neo-liberal market agenda by the US. The British have been doing this mainly through their Commonwealth institutions, proudly headed by the monarch. Not hereditary, but in
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