Pages:
Author

Topic: Will African countries be developed? (Read 1688 times)

sr. member
Activity: 1988
Merit: 453
October 18, 2020, 07:19:24 AM
China's investment in Africa is part of their road and belt initiative which is a central tenet in their foreign policy. They are essentially trying to develop international trade with China at the center by creating the infrastructure in less developed countries and orienting their trading disposition to Beijing. It is an attempt to become an economic super power like the United States.  Unfortunately under Trump, what was a terrible hand to begin with has deteriorated so much more over the past 4 years. The US has never been weaker on the world stage in the post-WWII era.

I would disagree with the Trump part. IMO, the decline started much earlier. Trump was in power for less than 4 years and China started dominating the African market at least two decades ago. But I agree with the first part. The Chinese thinking is very simple. They want to get hold of the rich natural resources in Africa and then they want to export the finished products to the same region. This is the main purpose of the road and belt initiative. 
legendary
Activity: 1778
Merit: 1009
Degen in the Space
October 18, 2020, 05:03:37 AM
The corruption what made the life of citizens worse the existing politicians there didn't bother to upgrade things to make their people educated or to know more about the latest technology, maybe if they will put a good person on the higher office which aims for betterment of his country for sure Africa will get a high potential to be developed and compete with other rich countries.
Yeah, education plays an important role in choosing leaders too actually because it is easy to fool a mob of uneducated people while an educated person will always give vote to leader who has vision rather than false promises.

Africa has such a good nature resources core and despite that they have such dire times that people are dying of hunger that simply shows lack of concern from the leaders for their countrymen and having poor vision. If only they started to utilize their natural resources and mineral resources in a better way than they could have one of the best economies in world right now. Actually I never heard any major technological achievement coming from any African nation either so feels like lack of education is the primary reason behind which is the poor leadership.
That's why some politicians don't prioritize education and create a huge gap between poor people and rich people. In that way, the country will continuously become poor because it's full of uneducated people and greedy politicians that take advantage of the others. Education really plays a great part in our society and we should feel great if we have a good background education, we can easily determine right and wrong. If there's no huge gap between poor and rich people, I guess countries will become rich if they're cooperating and helping each other.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
October 17, 2020, 10:46:48 PM
China is one interesting exception economy-wise, but they may project prosperity a lot more than may be experiencing it. For one, they have built giant ghost cities as a way to spur economic development, but there is not enough natural economic activity to support populating those cities and it may take decades to grow into them. Their control on information makes it difficult to assess. But for sure they posture like every other country to project strength that may not actually be there.

Yeah.. there are ghost cities in almost every province of China, and the Western media has covered some of these stories. The demand was there when these housing units were being constructed, but a sudden economic slump meant that there are few takers. And this is also one of the reasons why China is focusing on Africa. For them, Africa is a glowing economy, compared to China where it is at near saturation level.

China's investment in Africa is part of their road and belt initiative which is a central tenet in their foreign policy. They are essentially trying to develop international trade with China at the center by creating the infrastructure in less developed countries and orienting their trading disposition to Beijing. It is an attempt to become an economic super power like the United States.  Unfortunately under Trump, what was a terrible hand to begin with has deteriorated so much more over the past 4 years. The US has never been weaker on the world stage in the post-WWII era.
sr. member
Activity: 2296
Merit: 348
October 16, 2020, 01:08:12 PM
The corruption what made the life of citizens worse the existing politicians there didn't bother to upgrade things to make their people educated or to know more about the latest technology, maybe if they will put a good person on the higher office which aims for betterment of his country for sure Africa will get a high potential to be developed and compete with other rich countries.
Yeah, education plays an important role in choosing leaders too actually because it is easy to fool a mob of uneducated people while an educated person will always give vote to leader who has vision rather than false promises.

Africa has such a good nature resources core and despite that they have such dire times that people are dying of hunger that simply shows lack of concern from the leaders for their countrymen and having poor vision. If only they started to utilize their natural resources and mineral resources in a better way than they could have one of the best economies in world right now. Actually I never heard any major technological achievement coming from any African nation either so feels like lack of education is the primary reason behind which is the poor leadership.
legendary
Activity: 3766
Merit: 1217
October 16, 2020, 01:55:51 AM
Are Africans are smart enough for this? With all this chairty programs they will never be developed. Its like free drugs for addict in hope that he will stop use it

The charity organizations are doing it mostly for PR. They are not interested in the long-term benefit of the Africans. As you posted, they want to make the natives dependent on them for food and other necessities. If they really want to help the Africans, then rather than providing food aid, they should provide quality education and agricultural equipment. Food aid is just an eyewash, to get rid of the surplus agricultural stock in Western nations.
jr. member
Activity: 107
Merit: 1
October 16, 2020, 01:11:37 AM
Are Africans are smart enough for this? With all this chairty programs they will never be developed. Its like free drugs for addict in hope that he will stop use it
member
Activity: 2044
Merit: 16
October 16, 2020, 01:03:39 AM
I have seen good progress in terms of crypto currency wherein there are start up crypto projects already in the market and making progress towards the adoption on crypto currency that already did a small part of teaching fellow Africans regarding about in crypto space. Africa has great potential because of its abundance of resources and only lacking are the right people who will help make the necessary steps towards the development.
member
Activity: 868
Merit: 15
October 15, 2020, 10:29:32 PM
Yes, African countries are improving in the areas of Education, economic and infrastructure that is going on show that African is developing with the strategies on ground. African leaders are joining hands together to move African forward by fighting corruption in all over the countries. The leaders accepted to legalized Bitcoin all over the countries to support their economy and to improve the bitcoin users to make more profit from their investment.


African countries will improve but it will take a long time for bitcoin to gain legitimacy they know nothing about the use of bitcoin due to lack of adequate education most people in africa are poor and cannot meet their basic needs. But china along with the united states has come a long way in improving these countries.
jr. member
Activity: 84
Merit: 3
October 15, 2020, 09:56:33 AM
Yes, African countries are improving in the areas of Education, economic and infrastructure that is going on show that African is developing with the strategies on ground. African leaders are joining hands together to move African forward by fighting corruption in all over the countries. The leaders accepted to legalized Bitcoin all over the countries to support their economy and to improve the bitcoin users to make more profit from their investment.
legendary
Activity: 3766
Merit: 1217
October 15, 2020, 12:21:48 AM
That's the thing, foreign helps mostly sucking their natural resources. Knowing that Africa don't have any capabilities and with corrupt leaders they continue to suffer.

They are good as they've got rich in natural resources but they don't have advance knowledge and system to take advantages of everything.

It takes time, but the willingness of their people to learn and to have dedicated leaders
will make all of this to happen and increase the potential of this nations.

I have seen a lot of posts in this thread claiming that Africa is very rich in natural resources. There is no doubt that Africa has a lot of natural resources, which are waiting to be extracted. But this abundance can be an advantage, as well as a curse. Take the case of Democratic Republic of the Congo (DRC). It is one of the major sources of copper, diamonds, coltan and cassiterite. But this has resulted in foreign powers supporting various militias inside the DRC, in order to take control of these mining operations.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 14, 2020, 01:01:47 PM
When it comes to the natural resources, Africa is highly rich. However, the technology and human resources of Africa is not yet advance compared to other continents in the world. In addition, corruption in the side of the government is still occurring in every part of the continent. I have friends who work in South Africa and Madagascar. They have told how life is much worse for the poor in these countries. But the bottomline of this is that, they can be developed or they have the potential to grow in the next years. I believe that Africa will soon awake because of its hidden resources.

If they prioritize education, then they will be able to come up with better technology. The problem here is that the rapid growth of population necessitates the prioritization of food and healthcare over education. And when they do that the technological advance is blocked. And as a result, they will be left with just the raw products and not the finished goods. In order to convert the raw materials to final product, they need advanced technology. So for that they need to depend on foreign countries.

That's the thing, foreign helps mostly sucking their natural resources. Knowing that Africa don't have any capabilities and with corrupt leaders they continue to suffer.

They are good as they've got rich in natural resources but they don't have advance knowledge and system to take advantages of everything.

It takes time, but the willingness of their people to learn and to have dedicated leaders
will make all of this to happen and increase the potential of this nations.
full member
Activity: 546
Merit: 148
October 14, 2020, 04:49:40 AM
I'm from Africa but I can boldly says some of the things you highlighted aren't true about Africa as continent. Our major problem is bad leadership, otherwise we have the availability of natural reseources that can sustain our economy. Crude oil has been the prime mover of my country as over 70% of GDP is generated from that sector.
The challenge is corruption and greed by our leadership has done more harm to individuals in every country, a situation where a minister and a senator siphoning millions that are meant for the masses is lock and pocketed by one person, I don't think there will be development in such countries. We hope for revolution by the youth to free us from this bondage of leadership.
legendary
Activity: 3766
Merit: 1217
October 14, 2020, 12:23:09 AM
When it comes to the natural resources, Africa is highly rich. However, the technology and human resources of Africa is not yet advance compared to other continents in the world. In addition, corruption in the side of the government is still occurring in every part of the continent. I have friends who work in South Africa and Madagascar. They have told how life is much worse for the poor in these countries. But the bottomline of this is that, they can be developed or they have the potential to grow in the next years. I believe that Africa will soon awake because of its hidden resources.

If they prioritize education, then they will be able to come up with better technology. The problem here is that the rapid growth of population necessitates the prioritization of food and healthcare over education. And when they do that the technological advance is blocked. And as a result, they will be left with just the raw products and not the finished goods. In order to convert the raw materials to final product, they need advanced technology. So for that they need to depend on foreign countries.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
October 13, 2020, 05:36:50 PM
In response to the OP question, I believe it is very likely that these countries will become developing countries in the future because of the wealth of natural resources they have. But I don't think they will be developed countries in the next 1-2 decade.

Very minimal human resources is the biggest weakness they have as a natural resource producing country and in the end they will become a country that only receives a percentage of what mining companies pay. This is also the reason why they will not become a developed country.

When it comes to the natural resources, Africa is highly rich. However, the technology and human resources of Africa is not yet advance compared to other continents in the world. In addition, corruption in the side of the government is still occurring in every part of the continent. I have friends who work in South Africa and Madagascar. They have told how life is much worse for the poor in these countries. But the bottomline of this is that, they can be developed or they have the potential to grow in the next years. I believe that Africa will soon awake because of its hidden resources.

The corruption what made the life of citizens worse the existing politicians there didn't bother to upgrade things to make their people educated or to know more about the latest technology, maybe if they will put a good person on the higher office which aims for betterment of his country for sure Africa will get a high potential to be developed and compete with other rich countries.
member
Activity: 560
Merit: 13
October 13, 2020, 05:29:33 PM
In response to the OP question, I believe it is very likely that these countries will become developing countries in the future because of the wealth of natural resources they have. But I don't think they will be developed countries in the next 1-2 decade.

Very minimal human resources is the biggest weakness they have as a natural resource producing country and in the end they will become a country that only receives a percentage of what mining companies pay. This is also the reason why they will not become a developed country.

When it comes to the natural resources, Africa is highly rich. However, the technology and human resources of Africa is not yet advance compared to other continents in the world. In addition, corruption in the side of the government is still occurring in every part of the continent. I have friends who work in South Africa and Madagascar. They have told how life is much worse for the poor in these countries. But the bottomline of this is that, they can be developed or they have the potential to grow in the next years. I believe that Africa will soon awake because of its hidden resources.
legendary
Activity: 2464
Merit: 2094
October 13, 2020, 05:14:43 PM
In response to the OP question, I believe it is very likely that these countries will become developing countries in the future because of the wealth of natural resources they have. But I don't think they will be developed countries in the next 1-2 decade.

Very minimal human resources is the biggest weakness they have as a natural resource producing country and in the end they will become a country that only receives a percentage of what mining companies pay. This is also the reason why they will not become a developed country.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
October 13, 2020, 03:36:02 PM
The problem in Africa is corruption, the money that is borrowed for human development most of the time is stolen. Another thing that I see with Africa is the resource curse, indeed the continent is bless but if the human capital is poor their is no way they can use the resources to their benefit, just look at Nigeria for example, the have oil and even one of the top producing oil country but still export petroleum products like Petrol, Kerosine, Lubricant oil etc and these can also be said of Cocoa, Cotton, Tin and other minerals. The need to spend on education and provide enabling environment for businesses to strive then Africa will be on the road to success
sr. member
Activity: 1988
Merit: 453
October 13, 2020, 06:13:24 AM
The very rapid population growth from year to year in a country will cause various problem, especially in the welfare sector. The more the population, the narrower the place to work so that unemployment will increase. But not always a country with a large population cant rise up and make its people prosperous. If the government succeed in attracting outside investor to invest, it will have a positive impact so that unemployed human resources can be utilized.

Regarding the OP post, the lack of human resources to maximize the yield of natural resources in African countries is what makes it difficult for them to become developed countries. The same thing happened in my country, many natural resources that cant be taken alone and always need other countries and their workers. We only get a few percent of the yield and don't involve much local workers are some of the things that cost us.

Lack of human resource is because of heavy emigration of educated people to Western nations. Countries such as Nigeria and Kenya have limited number of doctors and engineers, as they don't have enough medical schools and universities to produce them. But even these few educated and skilled people emigrate to countries such as United States and United Kingdom, as soon as they get an opportunity. Even those who want to stay are driven abroad, due to corruption, political interference and low wages.
jr. member
Activity: 42
Merit: 2
October 12, 2020, 10:45:15 PM
I think there's great hope for the continent of Africa and it is only a matter of time before they experience a more rapid pace of development. There are already huge construction projects going on all around, and cryptocurrency is going to play a new role in making financial services accessible to the unbanked.

IOHK is already doing amazing things there:
https://iohk.io/en/blog/posts/2018/05/29/vision-for-blockchain-in-africa-is-becoming-a-reality/
full member
Activity: 382
Merit: 109
October 12, 2020, 03:25:44 PM
Africa, a continent to billion of people, having many agricultural and mineral resources, it is home to many tourist centers. Africa is located in region not subjected to many natural diseasters like earth quake and hurricane. Africa so blessed to be a continent that can run on its own with the natural resources they have.


https://www.aljazeera.com/indepth/interactive/2016/10/mapping-africa-natural-resources-161020075811145.html

Despite all natural resources embedded in Africa, they are always lacking and behind other continents. Most if not all the countries in Africa are regarded as third world country (poor nations). Why are Africa countries remaining underdeveloped or developing when they have what they can use to grow and develop.

In Africa, getting good education is not easy, rich people and the so called politicians are getting quality education for their children abroad, if they are ill, they travel oversea for treatment, good example are the governors and presidents in Africa including their relative, they make the Africa hospitals not suitable and good enough for medical teatments, that is why many Africa medical practitioners are travelling oversea and never coming back too. Corruption, nepotism and thinking of their families but not multitudes has devastated Africa into a poor standard of living nations. After all these, Africa countries lack employment while most that are employed are underemployed, making them to be poor countries truly. There have always been persistent increases in inflation, this makes me conclude African leaders are not capable to making their countries to be developed.

What makes me more sad about all these is that Africa countries can not make use of what they have properly (natural resources), and now the world has moved more towards technology, how will Africa properly handle what they are lacking. Technology wise, Africans are nothing in the world for now.

I am just thinking if all these can change, I wish many Africa countries to be developed. What can possibly lead to Africa countries getting advanced so the quality of living in the continent will improve?



With the nature gift,africa was surrounded with natural resources.But the unaccepted fact is,it was used by multi national corporation companies.Since government is not afford to extract that resources,it lend to the other people.But in fully analysis ,I had come to know.It was a good one for the country.Africa government should involve to get resources for them.
Pages:
Jump to: