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Osim posted an update
1 year, 5 months agoTools used to Impoverish Africa by the Western world.
Africa Truly has faced a complex history of challenges and external factors that have contributed to economic and social hardships. While it is important to note that the situation varies across the continent and not all African countries have experienced the same issues, here are six ways that have historically been identified as contributing to impoverishment in some African nations:
1. Colonialism: The colonial period, during which European powers controlled and exploited African resources, left a lasting legacy. Colonizers extracted valuable minerals, established exploitative labor systems, and imposed artificial borders that did not align with local ethnic and cultural boundaries. These actions disrupted traditional societies and economies, leaving many African countries with a difficult path to development.
Colonialism still continues even in today’s present day. If any African leader allows himself to be used as a puppet seeing the whites/Europeans as superior to them, then the entire nation which he leads is colonized by virtue of their mentally enslaved leader.2. Resource Exploitation: The rich natural resources of Africa, including minerals, oil, and agricultural products, have often been exploited by foreign companies and governments, leading to resource mismanagement, corruption, and economic inequality. The “resource curse” phenomenon has hindered economic diversification and sustainable development.
The case of Cobalt in DR CONGO and many other countries is a typical example of the cruelty showed on African countries that have been blessed with Mineral resources.3. Debt Burden: Many African countries have accumulated significant debt, often due to loans from international financial institutions and foreign governments. Debt repayments can consume a large portion of a country’s budget, diverting resources away from essential services like healthcare, education, and infrastructure development.
Sadly, many African countries have had sensitive aspects of their Nation like the Military, Airports and key money generating and economically empowering arms of their nations invaded by nations they owe.4. Foreign Aid/Conflict and Instability: Ongoing conflicts, both internal and regional, have disrupted economic activities, displaced populations, and strained resources. These conflicts have often been exacerbated by external factors, including the illegal arms trade and resource competition. Some useless leaders in African countries keep receiving foreign aids just to keep their repressive regimes in power. Its terrible and the earlier these leaders realize the truth and the reality of the fact that they are just a channel being used to steal resources and hurt their nation and it’s people, The better.
5. Unequal Global Trade/Monopoly Buying: African nations have faced challenges in accessing global markets on equitable terms. Unfair trade practices, such as high tariffs and non-tariff barriers in developed countries, limit African exports and hinder economic growth. Additionally, trade imbalances can lead to the devaluation of African currencies and trade deficits.
One of the ways this can be improved is to have nations process their minerals and raw materials to finished goods which in turn will boost their economy.
6. Destruction of food self-sufficiency: Of course we know that warring countries will surrender when they run out of food. Depending on foreign countries for food that can be produced Locally is a great development strangler to the nations importing such food items from foreign countries.
Imagine China did not work on upping their game in electronic production of gadgets, the name MADE IN CHINAA would never have been heard of.
It’s in the best interest of every nation to give support to locals of their nation to produce locally and with time Improve on the quality of their produce to meet international standards.#AFRICA_WAKES_UP
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