CAC says West Africa Is starting to get Very Rich

[Jeshaman]

A lot is going on in Benin right now. Traditionally nothing is going on but the current president has ramped shyt up the last few years. They got a ways to go still but there’s definitely something bubbling out there right now and there’s corporations investing there

That's cool. Nigeria is the biggest economy by far, however it is extremely difficult to do business here, even for locals. Ghana's economy is rubbish, but it is an easier country to do business in if you are English speaking.

Beninoise economy is probably not bigger than Lagos Nigeria, but the again that really doesn't matter much when everything is chaotic.

 

[BlackJesus]

That shyt is all Chinese owned.

Man if y’all don’t STFU with that goofy shyt

It’s ok to live in denial whilst burying your head in the sand. However, it won’t change the reality. The truth is always bitter but sometimes the bitterness can be a good catalyst for a change, if used the right way. We all see images of how Africans celebrate cacs & there’s a video of Africans running around celebrating some fake Jesus, all cos he’s white. And the fact that skin bleaching has become a nuisance on the continent, exemplifies the inferiority complex.

Interesting that you’re Rwandan. A decent country that has made good progress since the genocide. However, it’s still one of the biggest c00n countries on the continent & you lot need to rein Kegame in & tell the c00n to stop destabilising Congo on behalf of his western masters.

East Africa is actually worse than West Africa. You have countries like Kenya, Tanzania & Uganda that are 98/99% black countries, yet they’re selling all their arable lands to European/American companies while Asians/Lebanese folks control the business activities of those countries & IT sector. Asians/Lebanese folks are also the richest people in the region. What happened to Africa being for Africans? And is this the colonial economic model that you believe would take Africa to the next level?

The problem with myopic folks like you is that you have no grasp of how things work & you celebrate window dressing that won’t lead to any type of change. But conversely, I understand that for Africa to make the next leap - there has to be fundamental changes, which I’m not seeing at the moment. Africa is still the same as it was in the 50s/60s & everything the colonial African generation died fighting hasn’t really changed. And that change has to happen for Africa to make the next leap. Window dressing isn’t the next leap - the change has to happen from its core/foundation. But I’m sorry, Mr. Optimistic, I’m not seeing that right now.

God stfu you’ve never been to Africa. You don’t get to have an opinion on this. Sit down

 

[ignorethis]

And I’ve been known this, all you have to do is stay in Nigeria for a month and you’ll realize it’s a level of black wealth there you can’t find anywhere else in the world. That’s what motivated me to start my return, plus a lot of my African peers in my industry are returning to Africa, while already being rich and successful in America.

It’s to the point even though we’re doing pretty good by American standards, they see Nigerians in America as broke, we used to be the gold standard for Nigerians back home.

It was a culture shock for me. I’m used to being one of the rich young negros in most rooms over here even amongst other Nigerians, but in Nigeria I was a dime a dozen, it was so many young Nigerians with my level of income or more. I didn’t feel special anymore lol.

Only problem is economic competition in Nigeria isn’t fair, if you don’t already have money or aren’t related to the right people it’s basically a slim chance of you ever making real money in Nigeria.

 

[yung Herbie Hancock]

Botswana, Gabon, and Equatorial Guinea are really the economic stars of Africa. Per capita income in Botswana is approaching Western levels.

Smaller ethnically compatible populations are the key to the prosperity of Africa, Africa has to Balkanize.

Wrong. I'm guessing that you made this assessment based on GDP pee capita or something. That's like saying that Luxemburg and the Netherlands are the economic stars of Europe. You're skipping over: a large workforce, a large consumer base, and a country large enough for heavy industries. The only countries that fit that description are Kenya, Ghana, Nigeria, Tanzania, South Africa, angola, ivory coast, and ethiopia. Those are the only African countries that have a shot. Honorable mention is Zambia. North Africa is already well on its way to industrialized with Morocco and Algeria as the clear winners. Egypt has a lot of American weapons though. They even have 4th generation fighter jets.

 

[⠝⠕⠏⠑]

Just leave it alone! All of those countries could flourish if they just left them the hell alone…

Oh and they need to demand reparations from all the European countries that bankrupted them when they gave them independence.

 

[Braman]

Money shyt. Even if a Black American doesn't believe they "have ties to Africa", they should still be about their bread. Do the Asians "have ties to Africa"? How about the Europeans? Neither of those groups let that stop them from getting money. And neither should we.

For the record, I do think Black Americans obviously have some tie to the continent. But even if you disagree, don't let that stop you from prospering.

So in other words you agree with me. I was pointing out the utter absurdity of black Americans calling out white amaricans for pilfering Africa as if they don’t do the same/wish to do the same

And it is doubly pathetic considering some black Americans make a concerted effort to distance from and even disparage Africa.

Hoe. shyt.

 

[ignorethis]

I disagree. That megalopolis from Lagos to abidjan is the future of afrixan due to the fact that its the

Wrong. I'm guessing that you made this assessment based on GDP pee capita or something. That's like saying that Luxemburg and the Netherlands are the economic stars of Europe. You're skipping over: a large workforce, a large consumer base, and a country large enough for heavy industries. The only countries that fit that description are Kenya, Ghana, Nigeria, Tanzania, South Africa, angola, and ivory coast. Those are the only African countries that have a shot. Honorable mention is Zambia.

That GDP lead is translating to advancement in human development though, the nations I named. have better functioning governments, education, and soon infrastructure than most of the ones you named. (Kenya and Ghana are doing great things though, you’re right about them).

They may never be economic powerhouses, but if they can developed into service economies faster than the rest of Africa, their standard of living will continue to skyrocket.

Nigeria can have the biggest economy in Africa, but does that really matter when 90 percent of the wealth is concentrated with 5 percent of the population? Majority of Nigerians will still be poor, Islamists, criminals, and separatists will continue to raise hell and scare away outside investment, faith in government will still
be piss poor.

 

[yung Herbie Hancock]

That GDP lead is translating to advancement in human development though, the nations I named. have better functioning governments, education, and soon infrastructure than the ones you named. (Kenya and Ghana are doing great things though).

They may never be economic powerhouses, but if they can developed into service economies faster than the rest of Africa, their standard of living will continue to skyrocket.

Nigeria can have the biggest economy in Africa, but does that really matter when 90 percent of the wealth is concentrated with 5 percent of the population? Majority of Nigerians will still be poor, Islamists, criminals, and separatists will continue to raise hell and scare away outside investment.

You need a large GDP to actually improve your country though....
A good example of this is turkey. They had a decent GDP per capita over the last 30 years but they were largely irrelevant. Then they recently had a huge population boom and started focusing on heavy industries and really got to industrilizing. you can't industrilize without a large workforce. Sure they have good dgp per capita and less corruption, but they aren't industrializing..

If standard of living is your only criteria for development then you'll just end up like Thailand and Malaysia. Both just sexspots for white men.

 

[Starman]

So in other words you agree with me. I was pointing out the utter absurdity of black Americans calling out white amaricans for pilfering Africa as if they don’t do the same/wish to do the same

And it is doubly pathetic considering some black Americans make a concerted effort to distance from and even disparage Africa.

Hoe. shyt.

I don't agree with you because I don't think there's anything hoe-ish about it. Invest and get your money. Simply because you're profiting doesn't mean you're pilfering. IF there is money to be made, Black Americans would be fools to not take advantage if they could.

 

[ignorethis]

You need a large GDP to actually improve your country though....
A good example of this is turkey. They had a decent GDP per capita over the last 30 years but they were largely irrelevant. Then they recently had a huge population boom and started focusing on heavy industries and really got to industrilizing. you can't industrilize without a large workforce. Sure they have good dgp per capita and less corruption, but they aren't industrializing..

If standard of living is your only criteria for development then you'll just end up like Thailand and Malaysia. Both just sexspots for white men.

Do you believe a nation can skip industrialization straight to being a service based economy in the modern world? That’s really at the core of this topic we’re debating.

Growth Without Industrialization? | by Dani Rodrik - Project Syndicate

Dani Rodrik asks why so many poor economies are booming, despite the absence of significant gains in manufacturing.

www.project-syndicate.org

If you have a large industrial base does it really matter if majority of your citizenship isn’t educated enough to vote for effective leadership.

Going back to your Luxembourg example, do smaller nations with high standards of living and more educated populations need high industrialization, or can they just be stable intermediaries providing services for neighboring nations with decent industrialization.

 

[GrindtooFilthy]

I said francophone coastal west african countries
and no, Benin is also more develop than most than anglophone west african countries of it's size
the reason why the francophone countries in the sahel are in turmoil is because of jihadist/terrorism and wars going on. but look at the ones with no wars and compare it to it's english counterparts, they are all doing better
Mauritania, Senegal, Ivory Coast, Benin, Guinea(by far the least develop country in west africa, I'll admit that, but they don't have cfa currency) are a much better developed group of countries over Sierra Leone, Ghana, Gambia, Nigeria, Liberia etc

I'm not even bias, I'm Liberian

Honestly I’m not too familiar with Mauritania but I’ll take your word on it, Guinea just had a coup though so I don’t think they are in the greatest of places currently

Doubt you’ve even been to west africa like most of the commentators in this thread acting like experts

best go check my post history cause you chattin now

 

[GrindtooFilthy]

He's talking about the Abidjan, Lome, Lagos and Accra megalopolis

2023-01-22-12-55-39 hosted at ImgBB

Image 2023-01-22-12-55-39 hosted in ImgBB

ibb.co

Chapter 14: The West African corridor from Abidjan to Lagos: a megacity-region under construction

This chapter aims to give some key entry points to grasp the production of urban space in West Africa. Along the Gulf of Guinea that links Accra to Lagos (500 km), one of the most important megacity regions is under construction. Focusing on this coastal urban corridor, this chapter proposes to...

www.elgaronline.com

Redirect Notice

www.google.com

The Lagos-Abidjan Corridor | Along The Corridor

Grav is an easy to use, yet powerful, open source flat-file CMS

www.parcours-de-migrants.ethz.ch

is Accra not in Ghana? Lagos has a lot of entrepreneurs but business die out quick and are rebuilt right after and another did mention Ivory Coast as being one of the best Francophone nations doing well economically

 

[MyApps]

Akon is a fraud nikka.

African Americans have been in Ghana for decades so they already knew about what is available.

It is not all of West Africa. There are really only 4 countries right now that are fairly solid (Ghana, Ivory Coast, Sierra Leone and Liberia). The rest of those countries have a lot of work to do to be viable for investors.

Wasn't Abraham Lincoln trying to send black people to Liberia after freeing them from slavery?

Interesting

 

[CopiousX]

Possible but overall he probably means Resource rich... you know how them cacs do...

Right. All i heard from the vid was that this dude wants to go recolonize the place.



Notice the 3 things he says west africa needs are the 3 things that allow white people to extract resources and take them back to Europe or America. I mean seriously, this fool really says Swiss banks are good for Africa

 

[CopiousX]

That's all you need. If you have the resources you control the situation.

Allowing Deutsche Bank in their own real estate is a mistake though. That's a way for Europeans to steal land over time. They are slowly trying to gain control of the land.

And talking about implementing a Western style of economy. West Africa should avoid that at all cost. Keep it tribal if they can, because Europeans are on the prowl.

exactly. I know it burns their ass to see the land is hard to obtain and tied up in community and ethnic group based trusts. Many african nations have wording in their constitutions specifically making it hard for foreigners to own their land.