Africa is economically poor. Some Afri-philes and some Africans sometimes blame colonialism as part of the reason why the continent is economically poor. Afri-phobes insist that after half a century of freedom from colonialism, that particular excuse is no longer valid, and that we need to look elsewhere
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I blame the dumbass leader who take the country money and use it for their personal use. Charles Taylor comes to mine.

the by-product (legacy) of colonalism is why Africa is poor

Africa is not poor. Who said Africa is poor?? Where did you get that one from ?? And Are the colonial masters to blame for Africa not being poor ??

Africa is filled with riches. Our incapable leaders just don't know how to manage and utilize our resources. That's especially why the economy is suffering, I guess.

i think the may reason africa did not change it economic fortune for the better after independence was because most of the people that can into leadership were big dreamers who took their country straight back into slavery or conflicts.

superboi:

i think the may reason africa did not change it economic fortune for the better after independence was because most of the people that can into leadership were big dreamers who took their country straight back into slavery or conflicts.

yep, our so called heros turned out to be nothing but criminals and hoodlums.

yeah some kobojunkie,but alot wanted to be good but had no concept in managing a country and were plunged into debt by crasy projects like, ajaokuta akosombo and a lot of other massive programmes we couldnt develope without loans when we hadnt even grown local economics,this left us open to external forces the rest is history.look at the asians,the took the long part and are enjoying it now,but we be want short cut and till today its the same thing both the leaders and the people obj come blame abacha ,now na umoru wan catch obj.we all need to look within our head not to the ground

Kobojunkie:

Africa is not poor. Who said Africa is poor?? Where did you get that one from ?? And Are the colonial masters to blame for Africa not being poor ??

I wonder how you view things. Africa is very poor. Period !
I am African and i have been to almost all the West African countries.
So when i say Africa is poor, i know what i am talking about.
Unlike Europe, where everything is near perfect.
Transportation,Good roads,Power,Water and everything about life.
They wear shoes and clothes and send it to Africa.
Use cars and other equipments and send it to Africa.
And you said we are not poor. We are very poor.
Maybe the blames goes to our leaders but the keyword here is poverty.

SAM MILLA:

I wonder how you view things. Africa is very poor. Period !
I am African and i have been to almost all the West African countries.
So when i say Africa is poor, i know what i am talking about.
Unlike Europe, where everything is near perfect.
Transportation,Good roads,Power,Water and everything about life.
They wear shoes and clothes and send it to Africa.
Use cars and other equipments and send it to Africa.
And you said we are not poor. We are very poor.
Maybe the blames goes to our leaders but the keyword here is poverty.

Bad and Corrupt Leadership is the answer. Thanks to the colonial masters and our illiterate leaders.

Africa is the richest and wealthiest continenent in the entire universe ( in heaven and on earth) African is the richest.

Africa is poor because we are stupid, and our leaders know that. We are not stupid because we are not smart or brilliant, we are stupid because we do not talk, we do not speak up, we do not stand up for our lives, We accomodate stupidity, ( I appauld some Nigerian writers who have done spoken out, although few have been exiled, they have at least spoken up.

We don't know a good leadership from bad leadership, plus our leaders have severe INFERIORITY COMPLEX. ( they see white man and they're shaking)

madamkoko:

Africa is the richest and wealthiest continenent in the entire universe ( in heaven and on earth) African is the richest.

No we are not.For instance,if you look at Nigeria's oil revenue per capita,its effectively peanuts.

What we possess is economic potential not wealth.

I appauld BLACK men like Okoya, Motsepe and Sexwale, who have been able to use African resources to make some GOOD money.

Usually, its normally foreigners that use our resources, we work for foreigners in our own countries,, we easily let foreigner use us and our resources, and then we RUN to other countries,

I appauld Abiola, FELA, who can TALK and speak up,

Quote from: madamkoko on Today at 07:28:57 PM
Africa is the richest and wealthiest continenent in the entire universe ( in heaven and on earth) African is the richest.


No we are not.For instance,if you look at Nigeria's oil revenue per capita,its effectively peanuts.

What we possess is economic potential not wealth.


Do must be looking at the wrong data, hahah ( maybe we need a better research anaylst)


Nigeria's oil revenue and production =

I don't know of any white man who makes money without something in Africa,

Africa is the richest continent in the entire universe.

madamkoko:

Africa is the richest and wealthiest continenent in the entire universe ( in heaven and on earth) African is the richest.

Puhhhlleeeaze!
You are wrong and you would always be wrong!
We might have resources(which we can't harness!) but that doesnt mean we are rich

If you are going to make a point, make sure its valid.

I am entitled to my opinion and your opinion is WRONG and will always be WRONG.

You must be very stupid to think that Africa does not harness its resources,  You might need further research to support your statements before you choose to post.

Motsepe and Sexwale are among the wealthiest men in the world. I wonder how ?

The fact you've acknowledged that Africa has resources only means that its not POOR.


China alone invests almost 8 billions dollars in Africa, I wonder why

If there was no potential for thier return I am quite certain that they won't invest in it.

Bill Clinton's Global Initiative is focused on how to exploit Africa, ( Bill Clinton has tagged himself an expert on Africa and he is paid 2 million dollars to give speeches on Africa)

Almost every foriegner I know wants to go to Africa, not to visit but to find ways to exploit it, I wonder why, if the continent was soo POOR why would they want to go

Anyways onward, I go

I think the inability for most African nations to come out of their poverty is more than has been profferred by many.

dee02:

Puhhhlleeeaze!
You are wrong and you would always be wrong!
We might have resources(which we can't harness!) but that doesnt mean we are rich

Actually, no, you're wrong! Africa, most especially, Nigeria has resources. Resources we can tap into, like other nations can tap into their resources, to help strengthen their economy. In many ways, our handicapped leaders in Nigeria have done a poor managerial job of putting these resources to good use. To be fair, it is true that poverty has bed-ridden the people in Nigeria. But why fault the people when all they can do is depend on the economy and the economy to better their future. Look at the roads, the entire infrastructure especially our schools all lead to a near-predictable dead-end. The rich continue to get richer while the poor will continue to struggle. At least the poor in America can still rely on menial jobs at McDonalds to get by.

MyTempID very solid points!!!!!!! Thank you.



BTW: At least the poor in America can still rely on menial jobs at McDonalds to get by.

Most poor people in America can't get by with menial jobs considering that the economy is very weak and something basic as food prices keeps increasing, History will repeat its self and what happened in the 1970s will happen again (drugs, high crimes rates, and all and all)

I also don't blame the leaders. I blame US, NIGERIANS, for not speaking up against our leaders. We stay mum shut.

BABA FELA, may his musical work live on, he was the only one who had the BALLS,

What you do realize is, it is difficult to to speak out against the leaders for fear of assassination.   Not only is it a fear, it is a realistic concern that even politicians have to guard against.

madamkoko:

I also don't blame the leaders. I blame US, NIGERIANS, for not speaking up against our leaders. We stay mum shut.

why dont you go back home and speak up against our leaders on our behalf? its easy to make unrealistic comments from the relative comfort of foreign nations.

Nigerians spoke out loud during June 12 . . . most of them are 6ft under today. Dele Giwa, Kudirat, MKO, Rewane, Dikibo . . . Fawehinmi, Ransome Kuti, Falana . . . those who survived with their lives have had various stints with the gulag. Its not easy to lay ur life on the line to speak out against leaders.

Absolute valid points!!!!!!!!!!!!

Obviously, whoever speaks up needs to do so strategically,

madamkoko:

Most poor people in America can't get by with menial jobs considering that the economy is very weak and something basic as food prices keeps increasing, History will repeat its self and what happened in the 1970s will happen again (drugs, high crimes rates, and all and all)

Ugh! Wouldn't you be surprised to find out just how many mexican families (no pun intended) live off these jobs (not only @ mcD), and sometimes even two or three of them at a time.  Nevermind the fact that these jobs are still a reliable source of income.  At least these people don't have to worry about being cheated out of their pay on Fridays.  There's no doubt it's a daily struggle, no denial here, but fact remains people here do live off these.  They still have an opportunity to live, to survive.  Even if the economy is weak, not much can be said about the economy over there in the land of our fathers.

MyTempID, absolutely brilliant, I can't dispute your points.

auch

MallamMusa:

auch

You don'thave anything reasonable to add?

oziomatv:

You don'thave anything reasonable to add?

the mallam story be like spectator who likes to look on while others make constructive comments!

Africa is poor for the same reason that Singapore is rich.


If you can work that out, do so.