Africa

Sinnerman

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Pretty much. My pops has 2 phd's, and connections with the most powerful families in Nigeria, but he never started his own shyt. I mean he's done well, but with all his talent he should be a multi millionaire really
 

2Quik4UHoes

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All these intellectual, afro-centric philosophers in HL and yall dumb nikkas didn't know they had electricity in Africa? :what:

Not every part tho, and it can be hell unreliable with rolling blackouts. Some places don't have general plumming, or servicable roads, I don't want nikkaz thinkin shyt is all the way sweet the people in our continent are going through it more often than not. No middle class to speak of, it's either you've got shyt or you don't with very few in the middle. Infrastructure alone would help Africa prosper.
 

frush11

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Not every part tho, and it can be hell unreliable with rolling blackouts. Some places don't have general plumming, or servicable roads, I don't want nikkaz thinkin shyt is all the way sweet the people in our continent are going through it more often than not. No middle class to speak of, it's either you've got shyt or you don't with very few in the middle. Infrastructure alone would help Africa prosper.

Yeah I was lucky enough to be part of the so-called haves in Sierra Leone, lived in a very nice area, but we had to have a generator at all times. Electricity would frequently go out weeks at times. But that was in the 80's. Things have changed a lot, since I left in 91.

But outside of Freetown, there wasn't much, and there still isn't much to speak off today. Development of the other parts of the countries beyond the capital cities , in Africa is something that really needs to happen.
 

2Quik4UHoes

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My thing is we've gotta learn from the mistakes made here. We've gotta develop the continent but we've gotta be mindful of the environment and even improve upon it. The Sahel project should be backed more, maybe even legalize hemp production and use that as an alternative to tree cutting, etc and look to plant more trees to combat the rising levels of smog in the major cities. Africa's development should be innovative and fresh, not the same shyt they did here in the 18th century.
 

Primetime

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Pretty much. My pops has 2 phd's, and connections with the most powerful families in Nigeria, but he never started his own shyt. I mean he's done well, but with all his talent he should be a multi millionaire really

I look back to how a lot of my peers were goin to school for various business or medical practices with the intent to get picked up by a major company in the energy sector or a big medical center... and i feel they'll basically get swallowed up in that life until its time for them to retire without much contributions to anything outside of their bosses pockets... and the pockets of the educational institutions that they'll be paying for their kids to attend.

Now, if some (signficant?) strides/changes could be made in the formulation of some successful black/african businesses or medical clinics that could maybe draw those other blacks/africans to jump ship from their white owned jobs... or, if not, then definintely connecting with various black student association groups at universities (black accountants, black engineers, etc) to set up internship programs to scoop them up while their young... then their craft and skills will be going into a black business to help it generate large income/assets that can lead to the formulation of other black owned properties to be built and stationed, like convenience stores, restaurants, gas stations, etc.

edit tho i kinda got off track and was relating all this^ to generating african/black wealth in the US. I know that getting them back to africa would probably be a whole nother challenge as we've discussed before.
 

Captain Crunch

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I actually think it could get done breh :obama:

we give the west and China too much power, they ain't shyt:mjpls:

our only obstacle would be the politicians

When we in America took a quarter of that 1/16 of that trillion spending power(62.5 billion) and used it fund African infrastructure(rails; roads, energy) :wow2:

Being a super-continent :wow2:

Having all the resources and in the most historic site to boot :wow2:
 

newworldafro

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When we in America took a quarter of that 1/16 of that trillion spending power(62.5 billion) and used it fund African infrastructure(rails; roads, energy) :wow2:

Being a super-continent :wow2:

Having all the resources and in the most historic site to boot :wow2:

:birdman:

1873147_o.gif
 

Sinnerman

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Eko Atlantic. they started building for it last week

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by Ihuoma Chiedozie and Maureen Azuh


Jonathan, Clinton, Fashola

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President Goodluck Jonathan, a former United States President, Bill Clinton, and Lagos State Governor Babatunde Fashola, on Thursday expressed optimism that the country would soon be the choice destination for tourists across the world.

The trio spoke at an event to commemorate the reclamation of a 5,000,000 square metres of land for the Eko Atlantic City project on Victoria Island, Lagos.

The Eko Atlantic City will involve the reclamation of about 10,000,000 square metres of land expected to lead to the construction of a "world class city", which will house about 250,000 residents

Jonathan said the project was another major addition to the nation's resolve to promote tourism through public and private partnership.

He said, "This landmark event is continuing the good news that Nigeria must embrace permanently. It took 19 years for us to win the Nation's Cup again; the trains that now run from Lagos to Kano took us another 19 years to get them back on track.

The President said the housing sector all over the world creates employment for citizens, adding that it was for this reason that the Federal Government had accorded the housing and urban development sector utmost attention.

He said his administration had commenced the establishment of a mortgage institution that would help in providing finance for the housing and construction sector, adding that the institution would be called the Nigerian Mortgage and Finance Corporation.

He said, "The Nigerian Mortgage Finance Corporation will have partners that will include the Federal Government, Nigerian local banks, savings and loans institutions and the World Bank which is providing construction credit of $200m.

"We want to make sure that houses are available for those who want to rent or build as well as those in real estate business, so that people can have access to cheap funds and have their own houses."

Jonathan emphasised that the housing and construction sectors were important component of the country's Gross Domestic Products, saying the challenges in the housing and construction sectors cut across a number of areas.

The areas include access to finance, property tax loan, and high cost of building materials, among others.

Clinton said the city, on completion, would not only become a tourist delight for people all over the world but would contribute to the development of Nigeria's economy.

He said the city could also be home to people around the world, especially for over 10,000 people who lost their houses to hurricanes.

He said, "I saw what happened in the US after Hurricane Katrina went wild in the city where I spent my childhood with buildings buried in water. Most recently was New York, which was hit by Hurricane Sandy with thousands of people losing their homes and lives.

"These people will come to Nigeria; people want to live near the water where they can have a feel of nature. You have provided a beautiful option to brand the city, the state and the nation. The shape of the stones of the Great Wall shows the understanding of how the water reacts; people will come from all over the world to study the wall."

Fashola said the project was another proof of human commitment.

He said, "Although it is not finished, it is already a success story. The road that was lost to the coastal erosion is back and now motorable. The buildings that were deserted are now occupied. Somebody's values have been restored and multiplied. More buildings are springing up along this axis because of opportunities that lie ahead.

"When all is done, a new city will emerge from what was once a devastated area as a result of what nature cost us. Our ultimate triumph now beckons and the human spirit will prevail again. Nature has lost yet again, human spirit has won."

Meanwhile, an Abuja High Court has fixed April 9, 2013, to hear an application by a company, BPS Construction and Engineering Limited to stop further action on the city project.

The company had filed the action in 2009 claiming that its proprietary rights for the Eko Atlantic City Project was 'passed off' to Hitech Construction Company and South Energy X Nigeria Limited by the state government in 2005 after it incurred heavy expenses for the design.

The company alleged that the project was initially awarded to it by a Federal Government committee.

In the motion slated for hearing by Justice I.M. Bukar, BPS' counsel Tochukwu Onwugbufor, (SAN), is asking for an interlocutory injunction restraining the Lagos State Government and the companies from continuing with the dredging of the estate and selling the plots in it.

The company is also asking for N120bn as damages for the losses it incurred in the design.

Furthermore, it is asking the court to order the state government and the two companies to hands-off the project.
 

Premeditated

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Eko Atlantic. they started building for it last week

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shot outs to Nigeria for progressing. even though, it's a long way to go, it's still doing better than other countries. Don't y'all now have the 39th largest economy now? In 5 years time, I can definitely see it competing with SA along with Angola in SSA. This project and good. I've been following it a little bit. Lagos is way to fukking crowded and this is probably one of the best projects that I've seen on SSC.
 

Marciano

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Abdulsamad.jpg


With this new cement production facility, Abdulsamad Rabiu will compete with Africa’s richest man, Aliko Dangote, for a share of Nigeria’s lucrative cement market.

Rabiu, who is worth $675 million by FORBES’ latest estimates, is easily Aliko Dangote’s fiercest and most formidable competition in Nigeria. Rabiu’s conglomerate, the BUA Group, has substantial interests in the key sectors Dangote is heavily vested in- cement, flour and sugar production. Dangote has always held the upper hand in all these sectors, but BUA Group has been a worthy challenger. With BUA’s new facility, Dangote’s monopolistic dominance in the very lucrative cement sector might be endangered, but only a little bit. BUA’s 3 million-mtpa facility is only a tiny fraction of Dangote’s cement production assets in Nigeria,which have a combined capacity of 20 million mtpa.

Nigerian Millionaire Builds $500 Million Cement Plant To Rival Billionaire Dangote - Forbes

Monopolies should be challenged, it's good for business IMO.
 
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