
Billions , if not trillions of aid dollars have been poured into Africa for many decades ever since the plight of Africans was broadcast into the western world.
Why is it still poor?
Many nations that gained independence at the same time or even later than African nations are surging ahead in economic progress and development whilst Africa is still struggling to feed herself.
Africa is continent of abundant natural resources like oil , minerals , fertile lands , forests etc.
Among the reasons claimed by Africans for their predicament are :
- African exploitation of western companies
- frequent wars and conflicts
- The strongest and best African were taken away by the west as slaves
- Corruption
- Mismanagement by governments
If we look at countries like Japan , China , Israel and Singapore.
China opened its economic doors since 1980s and she is now reaping progress being the third most powerful economy in the world , surpassing Germany. China has never been a recipient of any Western aid and she has been too huge for Russia to aid her.
Japan , after being nuked and suffered total devastation in infrastructure and economy, rose up from ashes and became an economic power in less than 30 years after WWII. Her hardworking and always strive to improve citizens made Japan an industrial country.
When her economic floodgates were opened, the Chinese , being global traders in the past, rushed to seize these economic opportunities locally and internationally. Thus, China is now the factory of the world. Thanks to her smart and hardworking citizens.
Israel has nothing but desert. No minerals , no oil , not much land , no forests but it has become a high-tech nation developing high-tech products and weapons. The Jews became world financiers and global technology dealers.
Singapore is just the size of New York City and has no natural resources. But its bright citizens made Singapore an Asian economic tiger. Her businessmen travel all over the world to seek business opportunities.
Now why is African still poor?
The reason is her people. They are not business-smart. Perhaps trading is not part of their culture as agriculture and hunting.
A country is poor because it does not have money. And money is scarce because the economy is not generating wealth. The economy is not generating wealth because there are not many businesses. And this is due to the lack of business-wise businessmen in Africa.
African should not blame the past for their present predicament. Refusing to admit one's shortcoming will not help to better oneself. African should bear in mind that countries like Japan suffered even worse fate in the past.
What should Africa do ?
- Import foreign talents for the start if local talents are not available
- Re-educate its citizens to be business-smart
- Change the agro-hunting culture into a culture of business
- Boot religion out of politics and economy
- Manage corruption ( though it can never be eliminated )
- Maintain political stability even with the help of foreign powers
The proverb -
Give a man a fish ( western aid ) and he would eat for a day. Teach him to fish ( do business ) and he would eat for a lifetime.