Outogoing African Development Bank (AfDB) president Donald Kaberuka said this week the bank’s governance structures and business model "were wrong".
The continent has shown strong economic growth in the past decade, but poverty has worsened.
The M&G interviewed the residents of Marathon near Germiston who shared their views on reintegration since the xenophobic attacks.
Marathon informal settlement leaders have told foreign residents they will protect them from the small group that started the attacks.
They argued that the World Bank and the IMF cannot solve the world’s economic problems, and "a new global economic order" must be built.
The state’s mooted industrialisation plan has been welcomed, albeit with reservations.
It started with an appeal for books after protesters razed municipal facilities and now has an office, storage space and a vegetable garden.
Touched by the passion of the Mohlakeng youths who started the Underground Library, Randfontein mayor Mzi Khumalo has donated land for new premises.
At a summit in Jakarta, Africa and Asia pledge to work together to stamp out the domination of certain economies.
The deputy president believes increased investment and trade between developing countries is key to accelerating economic growth