Yeah, they were only 5 years behind the curve too.
Basel Action Network
It's unfortunate that the developed world has put pure profit over ethics in disposal of their waste, but keep in mind that in most cases Africa and China are not simply the cheapest place, they are actually
paying to have this waste dumped on their shores. China in particular has laws in place to stop the practice that they chose not to enforce because the value of the commodities is great and the cost of labor and health concerns is absolutely nothing.
I work for a more reputable recycler. Almost nothing leaves the country and those things that do are going to reputable vendors. Frankly it is more expensive to do it that way, but some people actually are interested in doing the right thing and thankfully there's a market for it.