I think the big question is How is greed and corruption going to be controlled in Africa. In the west, the corporate tendency to aim at reporting short term gains because they were the major input into bonuses led to "short termism". In my mind, knowingly making a bad (subprime) loan, hoping that by the time defaults start it will be someone else's problem is corruption. This cannot be called anything else. Attempting to overglorify lavish lifestyle is corruption. Once an economically & politically powerful and rich society is perveted with materialism, its at its own mercy. The downside has come back enmasse. The Cost of corruption needs to be increased. In some African countries a fraudster is likley to get away with a lighter sentence than a burglar upon conviction.