From a "black amerikka" viewpoint, is it smart to invest in Africa?

[Poitier]

I think we're on two different pages...I agree with former African Nations paying "slave taxes" is absurd, but African nations do have Central Banks of their own...my concerns are with the political instability of the countries which throws off investor confidence in helping them compete at an equal trajectory to other powerful nations (i.e. China, India etc). They are growing and they are improving (some of em anyway), but they need to get their money right with the IMF and the ridiculous loans that they have with the World Bank.

You get it.

Even better would be destroying capitalism, though unlikely.

"Investing in Africa" really means nothing since 1. AAs don't have the communal wealth nor capital 2. Its still under a Western controlled economic system.

 

[The Maverick]

If you're trying to invest in a business on African soil, you better be smart and have a very skilled team backing you. Because if you go in alone and try to make power moves, people smarter than you will snatch your plate and eat whatever you've made. What's important is establishing a link with intelligent Africans who can be the direct bridge for you to build there. Networking with people is essential to reaching corners of places like Nigeria that the average African-American cannot reach. It's possible to build something that can become long-lasting and provide a lot for both you and the community overseas, as there's a lot of untapped potential there, but it takes a lot of ground work and savvy to make it happen.