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Topic: Enconomic foresight of Africa - page 2. (Read 433 times)

sr. member
Activity: 434
Merit: 265
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June 27, 2024, 03:33:59 PM
#21
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.
Africa's problems can be solved by Africans because the people who are benefitting from those problems do not want them to end. Unfortunately, there is no political will to solve these problems and anyone who has the ability to attempt to solve them will never be allowed to get close to the corridors of power by those who run the world. They will do everything possible to kick them out including sponsoring internal resistance, buying over the institutions and using them to manipulate elections and many other techniques.

Even though I hate to say this, the truth is that with democracy, Africa will never be developed because the right people will never win elections. The institutions are corrupt and only people who can be blackmailed and cajoled into bending to the powers that be will be allowed to win elections.
The problem about African is that there is allot of greedy leaders in the continent and the citizens are following the footsteps of the leaders. If not, there is no reason why someone will come out to become a head of state in any of the African countries and promise allot of things but when the person finally enters in to the office the whole promises becomes pass tense. The world is advancing but the leaders and the people of Africa is not yet ready to be advanced in anything that will help the countries inside African continent.
legendary
Activity: 2184
Merit: 1302
June 27, 2024, 03:22:34 PM
#20
It all starts with education, if we educate the children well they can find their way into good employment, poverty will be oessejed & countries can grow.
I don't think the problem stems from education, in my country for example most young men and women try their best to leave the country after graduating from the university, they want to leave for better opportunities, either to further their education abroad or to get a job in a system that is working. If there was a lot on offer back home, they would definitely prefer to remain in the country, but can you blame them for the path they have chosen.

It is a failed system in most countries in Africa, and the problem stems from those in power. Tax payers money is used to fund the expensive lifestyle of our leaders, instead of it to be channeled to development and infrastructure building. Things can only get better when the system starts working.
sr. member
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June 27, 2024, 02:02:22 PM
#19
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.

Underdevelopment in Africa has always been a pain in the ass of many Africans and expressing their griefs on how their countries have come to be despite the huge deposit of natural resources in them. Africa are not the only underdeveloped continents but also some countries in other continents are also facing the same. What distinguishes that of Africans is the huge some of deposit in natural resources that they’re not taking advantage of. The blame is either the leaders or the westerners they blame to always come to cater away with their resources. This is the 21st century and everyone have wise up enough to know what’s good for their own country. It will only take an unwise leader or a selfish leader to not see the potential and the depth to which his/her country can use that natural resources to develop their country.
sr. member
Activity: 644
Merit: 262
June 27, 2024, 12:56:33 PM
#18
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.
Not all African countries are underdeveloped in this present time, there are those that have moved from underdeveloped to developing nations though not that advance as those of the West and Europe. The problem with a lot of those African countries that are still struggling with underdevelopment when their counterparts are advancing in development is as a result of greed in the leadership roles especially those countries of West Africa - a condition where there exist an attitudinal culture of primitive accumulation of common wealth and resources by a single individual or group to their personal gain. A society with a high rate of corruption without institutional control such a society developmental advancement will be alien to them.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 27, 2024, 11:29:12 AM
#17
Year 8600 AD

Europe has sunk in the great disaster of 2450
All people in the Americas have moved to the first galaxy colony on satellite Europa and have ceased communication
Australia has been a nuclear wasteland since WW8 in 4180
Most of Asia is uninhabitable but the largest concentration of remaining humans still live on shoes the now-called Gundam Sea where AI controls the now technologically advanced ahegao empire

Meanwhile, Africa still blames colonialism for power outages!

When a rich person from Europe wants to create a company in some African country, when that person arrives in that African country, the managers of that African country demand that they become partners in that company even without taking 1 cent, they charge for the land that will be the headquarters of the company, they blackmail the owner of the company and because of this, investors have avoided investing in Africa.

I once posted the link to "Empire of Dust" on some African reddit forum, asking how much is  true....was banned in 1 min

https://www.youtube.com/watch?v=kOkrYW3vF0o
I love his part:
https://www.youtube.com/watch?v=CsyHbj_SHGA

Now it's China's turn to play "imperialist oppressor" in Africa.  It will be interesting to see how they fare in the hurt locker. 

Looking at how they solved the Uyghur problem, it won't be pretty!
legendary
Activity: 3164
Merit: 1127
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June 27, 2024, 11:13:23 AM
#16
The only advancement in Africa for thousands of years has been under the occupation and control of western imperialists.
Once the foreign control departs, economic and societal decay sets in as seen in Zimbabwe and South Africa.

Now it's China's turn to play "imperialist oppressor" in Africa.  It will be interesting to see how they fare in the hurt locker.  
  


I am African, I was born and live in an African country, and I feel very sad and disappointed every time I see some people from Africa lying, saying that Africa is in this shameful, poor state because of the West, because of the colonist. this is not true. Africa is poor because of the political parties that fought for the independence of African countries, these political parties that were 40 or 50 years ago in the fight against the colonists, think they own the countries they liberated, they have become corrupt to the extreme. They imposed laws that look more like dictatorships, they became very rich because they sell natural resources and the money goes into their pockets. To get an idea of ​​what happens here in Africa:

When a rich person from Europe wants to create a company in some African country, when that person arrives in that African country, the managers of that African country demand that they become partners in that company even without taking 1 cent, they charge for the land that will be the headquarters of the company, they blackmail the owner of the company and because of this, investors have avoided investing in Africa. To change this scenario, young Africans need to vote for intelligent and young people to lead the country and not accept fraud in elections and then get closer to democratic countries like the USA and many countries in Europe and avoid following China's political system and have very restricted relations with dictatorship countries, Africa must have democracy, Africa must have independent and functioning courts, Africa must have a justice system that works for everyone.
sr. member
Activity: 798
Merit: 364
June 27, 2024, 09:50:31 AM
#15
Besides corruption and bad leadership, external influence is one of the reasons for the underdeveloped of Africa. Some African countries are still under the influence of the colonial government. These powerful nations ensure that only politicians who will do their bidding will gain political power. The US government had evidence that a politician in my country was convicted of forgery and drug dealings but they refused to release the evidence. The reason for this is to make him thier puppet. Some of them even sponsor coups and conflicts to remove any government that wants to be independent.

It's high time African continent stop blaming the colonial masters for their underdevelopment. Undoubtedly, they exploited the continent to barest minimum and enslaved the continent but Africans are not ready to let go of themselves since they allowed themselves to be used by the so called masters to destroy their own continent. Since independence of various African countries until this very moment is long enough for a serious nation to build from a scratch with the little available resources left behind by the exploiters. I don't see external factors as an excuse for this menace of underdevelopment, corruption is the root cause. After colonial exploitation, politicians are now exploitating their fellow country men.

That being said, election in Africa is always characterized by propaganda among the top contenders on one another. The issue of US was more of confusion than reality. Moreover, even releasing those information will not have significant impact on the outcome of election. The country is already in bondage and irrespective of who becomes the president will dance to their tune or face the consequences.
legendary
Activity: 947
Merit: 1026
June 27, 2024, 08:42:38 AM
#14
The only advancement in Africa for thousands of years has been under the occupation and control of western imperialists.
Once the foreign control departs, economic and societal decay sets in as seen in Zimbabwe and South Africa.

Now it's China's turn to play "imperialist oppressor" in Africa.  It will be interesting to see how they fare in the hurt locker.  
  
member
Activity: 215
Merit: 24
June 27, 2024, 08:41:00 AM
#13
There is too much corruption in Africa by high ranking officials. One day we may see African countries develop but there is so much poverty & lack of adequate education which leads to struggling economies. It all starts with education, if we educate the children well they can find their way into good employment, poverty will be oessejed & countries can grow. There are lots of minerals & resources in Africa, it just needs to be harvested by good governments. One day we may see a more developed Africa.

Might sound very funny and unbelievable "that this corruptions are being celebrated even or mostly by the masses". These corrupt heads are celebraties in the life of (some or most of) the populace even with absolute knowledge of their corruptions.
With all that taking place, it still boils down to inadequate education.. Bad education in almost all aspects of life
 
member
Activity: 215
Merit: 24
June 27, 2024, 08:25:29 AM
#12
This has been discussed quite a lot of times already, underdevelopment isn't only in Africa, there are a lot of countries in different continents that are underdeveloped or developing. The challenges are very clear in Africa, corruption/mismanagement of funds, very bad leaders/policy makers, etc. Those in charge of making decisions in many African countries are either corrupt or unqualified for the role they occupy, and the result is what you see.

That being said, there are African countries with good economies and developments, like South Africa, Egypt and Algeria, and many more are growing and developing fast.

Just as coyster pointed, these men and women finds it difficult to plant trees because they think they won't hid under it when sun heats... (embezzlement and mismanagement/inadequacy).. Just having men and women in offices(appointments) even when they have nothing to offer...

Not to forget, on several occasions you'll see some how that the populace are not also really ready for growth by good governance... They create insecurities for their people, they value political parties more than development, they don't care about their party flag bearers so far as their party wins elections since everyone wants to become politician, and alot more that proves that the greater populace hates development (by Implication).

legendary
Activity: 2688
Merit: 1192
June 27, 2024, 07:45:12 AM
#11
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.

Africa has been a bit of a victim for a long time. Due to the large expanses and inhospitable climate, it made it much harder to industrialise. You can see that by the fact that even now they are still using railways that were first constructed by European powers. Corruption and self serving leaders have led to lots of public money being lost to very few individuals. If it happens at the top it also filters down to the average police officer on the street and it becomes a vicious cycle were nobody trusts each other. Limited job opportunities also promote nepotism which can stunt growth in any country. All round they have a much tougher past, current and future ahead.
legendary
Activity: 3304
Merit: 1617
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June 27, 2024, 06:40:17 AM
#10
There is too much corruption in Africa by high ranking officials. One day we may see African countries develop but there is so much poverty & lack of adequate education which leads to struggling economies. It all starts with education, if we educate the children well they can find their way into good employment, poverty will be oessejed & countries can grow. There are lots of minerals & resources in Africa, it just needs to be harvested by good governments. One day we may see a more developed Africa.
hero member
Activity: 742
Merit: 633
June 27, 2024, 06:18:51 AM
#9
When a honest person jump into the government, he's either get kicked or he will not able to reach the top position. He can't reach the top position because the corrupt president will bribe the citizen to votes him, which make this honest person will lose.

There's no way to fix corrupt system except a big revolution happen or coup d'etat.

Since there are many people are unemployed and the criminal rate increase, we just need to wait capitalism to fall.
hero member
Activity: 1050
Merit: 844
June 27, 2024, 05:05:05 AM
#8
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.

When local residents like those in Africa are currently unable to explore the natural potential they currently have, of course the very visible effect will be on their own economic growth as well as increasing levels of poverty and the difficulty of achieving prosperity in each country itself. Because immigrants from other countries who want to have natural products in Africa certainly have very special reasons for coming there.

So what you need to monitor in this case is the local residents or government who may only care about themselves without paying attention to the poverty of the people around them. Because a rich and prosperous country comes from leaders who are honest and not corrupt apart from considering the better human resources there.
full member
Activity: 490
Merit: 225
June 27, 2024, 03:42:12 AM
#7
Even though I hate to say this, the truth is that without democracy, Africa will never be developed because the right people will never win elections. The institutions are corrupt and only people who can be blackmailed and cajoled into bending to the powers that be will be allowed to win elections.
I have held on to the believe that who we choose as the leaders of our African country plays a little role in determining how viable our economy his in most African country but with time, I have come to know that leaders are the instruments that are pivotal to the growth, stagnation or retardation any nation or continent experience. If you have leaders that understand how the digital space works, you're going to see policies that revolves more around the digital sector and same is what's obtainable to a leader that knows about how to create key economic policies that will help a nation to thrive.

Most African leaders have not gotten into power democratically and that's the singular reason we've consistently had old men as our leaders that lack the capacity to handle the African economy in such a manner that we will be able to compete with other part of the world. We have the resource, the brain and almost all that it takes to depend on ourselves for local production of goods and services that will sustain the African continent but can't do that without leaders that understand what her responsibility is and what it takes to create economic policies and systems that are viable and relevant in today's world.
sr. member
Activity: 434
Merit: 253
June 27, 2024, 02:37:26 AM
#6
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.
Africa's problems can be solved by Africans because the people who are benefitting from those problems do not want them to end. Unfortunately, there is no political will to solve these problems and anyone who has the ability to attempt to solve them will never be allowed to get close to the corridors of power by those who run the world. They will do everything possible to kick them out including sponsoring internal resistance, buying over the institutions and using them to manipulate elections and many other techniques.

Even though I hate to say this, the truth is that with democracy, Africa will never be developed because the right people will never win elections. The institutions are corrupt and only people who can be blackmailed and cajoled into bending to the powers that be will be allowed to win elections.
hero member
Activity: 2870
Merit: 594
June 27, 2024, 02:08:04 AM
#5
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.
I disagree though, the Africans were able to discover their economic potential centuries ago, but the thing is that they have been under rules since the beginning, imperialism and those countries that took advantage of them for years and years of enslavement and ruining their natural resources. And after that they try to get self sufficient, the damage has been done. And then when their own government emerges, civil war, famine, corrupt officials hindered their economic growth. Now they are still way below their financial capabilities and they have to make loans from WB, countries like China, who again see this as perfect opportunity are willing some of that countries billions upon billions of aid, but we all know that is just a front for them.
hero member
Activity: 574
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June 27, 2024, 01:43:02 AM
#4
Africa as a continent is blessed with adequate enconomic potential that is required to make a develop nation ranging from natural resource and human resource but it amazed me to see the level of underdevelopment and poverty across many countries in africa. Even at that many people from develop countries who know the enconomic potentials are trooping in to Africa on daily basis in search of greener pastures but African were unable to discover their economic potential and this is the major reason why Africa is consider as a developing nations irrespective of their enconomic potentials.
Besides corruption and bad leadership, external influence is one of the reasons for the underdeveloped of Africa. Some African countries are still under the influence of the colonial government. These powerful nations ensure that only politicians who will do their bidding will gain political power. The US government had evidence that a politician in my country was convicted of forgery and drug dealings but they refused to release the evidence. The reason for this is to make him thier puppet. Some of them even sponsor coups and conflicts to remove any government that wants to be independent.

The corrupt practices of African politicians are also aided by some developed nations. These politicians connive with some multinationals to loot the country's resources and help these thieves to secure the ill-gotten wealth in western banks.

In order to keep Africa underdeveloped some powerful nations have sabotaged many development projects that would have helped Africa see the light. A company built by Russia has been moribund because of the diplomatic relationship our government has with some countries who are unfriendly with Russia. They have refused to let Russians come into the country to revitalize and make the company operational. Some countries will not want my country to have a constant power supply because we are the highest importers of electrical generators. We keep having electricity sabotage that has kept the country in darkness. Most policymakers have been bribed by multinationals to keep frustrating bills that will make the country produce goods that they import from them.

However, Africa has no excuse for not being developed. This is why we had some coups that propelled diplomatic changes. We are yet to the effect of these shifts in global alignment but only time we tell how productive it will be.
jr. member
Activity: 60
Merit: 2
June 26, 2024, 11:27:52 PM
#3
This has been discussed quite a lot of times already, underdevelopment isn't only in Africa, there are a lot of countries in different continents that are underdeveloped or developing. The challenges are very clear in Africa, corruption/mismanagement of funds, very bad leaders/policy makers, etc. Those in charge of making decisions in many African countries are either corrupt or unqualified for the role they occupy, and the result is what you see.

That being said, there are African countries with good economies and developments, like South Africa, Egypt and Algeria, and many more are growing and developing fast.
Your analysis is very clear and notable. Among all the points you highlighted, I will take corruption as the major cause of underdevelopment in most African countries because it has to do with the character and the mindset of the people.
A corrupt person might be qualify for a certain position but the corrupt mindset that is already embedded in the person will overshadow the qualification and the charisma
legendary
Activity: 2184
Merit: 1302
June 26, 2024, 05:03:43 PM
#2
This has been discussed quite a lot of times already, underdevelopment isn't only in Africa, there are a lot of countries in different continents that are underdeveloped or developing. The challenges are very clear in Africa, corruption/mismanagement of funds, very bad leaders/policy makers, etc. Those in charge of making decisions in many African countries are either corrupt or unqualified for the role they occupy, and the result is what you see.

That being said, there are African countries with good economies and developments, like South Africa, Egypt and Algeria, and many more are growing and developing fast.
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