₦airaland Forum

Train Africa Learn Africa

Of the four factors of production Africa abounds with the first two Land and Labour. Land including natural resources (renewable and non renewable resources) i.e all raw materials used to produce goods and services. Labour covers all efforts put in, every job that people can be paid to do that result in production. Africa boasts of vast natural resources, been the second most populous continent with about 1.1 billion people or 16% of the world’s population. Over 50% of Africans are under the age of 25. This indicates a positively active work force and will continue so, as the continent’s population will more than double to 2.3 billion people by 2050

In addition to the continent has approximately 30% of the earth’s remaining mineral resources. The continent has the largest reserves of precious metals with over 40% of the gold reserves, over 60% of the cobalt, and 90% of the platinum reserves.

How come Africa is the world’s poorest and most underdeveloped continent with a continental GDP that accounts for just 2.4% of global GDP?

This is because the remaining two factors of production Capital i.e tools, machinery, buildings used in production and Entrepreneurship which is the factor that combines the other three factors of production has not been effectively utilized on the continent.

Neocolonialism is a real threat with foreigners employing capital and entrepreneurship to further diminish the likelihood of indigenous production of goods and services. For example there are well over 1 million Chinese citizens on the African continent. Angola alone has a population of over 350,000 Chinese.

Why are we talking about this?

Train Africa Learn Africa is an International Manpower Development Exchange Program designed to empower African Youths to move the Continent forward to meet up with Advanced Global Technological demands.

Follow us on Twitter @OfficialTALA_ and like our Facebook Page OfficialTALA for updates on our activities, events and projects.

Building an economically vibrant continent

Train Africa Learn Africa

Consistently racked by famine and war for the better part of the last four decades it is not surprising that Africa is the poorest continent today.

The continent although one of the richest in natural resources has proven that natural resources are not enough to build a continent as the top five poorest countries by GDP are on the continent.

Train Africa Learn Africa is an International Manpower Development Exchange Program designed to empower African Youths to move the Continent forward to meet up with Advanced Global Technological demands.

Follow us on Twitter @TrainLearn and like our Facebook Page for updates on our activities, events and projects.

Train Africa Learn Africa

Most of the natural resources deposited on the African continent such as diamonds, sugar, salt, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum, cocoa beans, woods and fruits are in high demand globally whether as raw materials or finished goods, why then is the continent still considered the poor continent?

This is simply because the value and money from the natural resources usually go to the West and East Asia rather than Africa for example China owns 40% of Congo’s oil production and Nigeria is the only OPEC country still importing petroleum products.

Nigeria covers about 20% of world in-shell cashew production which when shelled sells at a higher price, but the country lacks infrastructure and trained manpower which limits the profit from this lucrative venture.

This is the the case with most African nations as they have suffered from a lack of infrastructure and trained manpower.

Africa has enough resources to build a lasting economically and politically independent continent.

Train Africa Learn Africa is an International Manpower Development Exchange Program designed to empower African Youths to move the Continent forward to meet up with Advanced Global Technological demands.

Follow us on twitter @TrainLearn and like our Facebook page Train Africa Learn Africa for updates on our activities and projects.

Train Africa Learn Africa

Most of the natural resources deposited on the African continent such as diamonds, sugar, salt, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum, cocoa beans, woods and fruits are in high demand globally whether as raw materials or finished goods, why then is the continent still considered the poor continent?

This is simply because the value and money from the natural resources usually go to the West and East Asia rather than Africa for example China owns 40% of Congo’s oil production and Nigeria is the only OPEC country still importing petroleum products.

Nigeria covers about 20% of world in-shell cashew production which when shelled sells at a higher price, but the country lacks infrastructure and trained manpower which limits the profit from this lucrative venture.

This is the the case with most African nations as they have suffered from a lack of infrastructure and trained manpower.

Africa has enough resources to build a lasting economically and politically independent continent.

Train Africa Learn Africa is an International Manpower Development Exchange Program designed to empower African Youths to move the Continent forward to meet up with Advanced Global Technological demands.

Follow us on twitter @TrainLearn and like our Facebook page Train Africa Learn Africa for updates on our activities and projects.

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