Why is Africa is So Rich Yet So Poor?
Автор: Risen Africa
Загружено: 2020-01-09
Просмотров: 41256
Africa's Stolen Wealth - Paradox of Plenty.
Africa has been branded by many as a rich continent and by others, a continent of poverty. Africa is blessed with a massive variety and quantities of natural resources.
The continent holds around 30% of the world's known mineral reserves. These include oil and natural gas reserves, uranium, diamonds and gold.
One can't help but wonder, why is it that a continent with such vast potential wealth can remain so poor, precipitating a paradox of plenty. Following extensive research on this, I share with you a phenomenon I believe is the anchor linchpin reason for the poverty in Africa.
In addition, I share my findings on the misleading narrative that Africa needs Aid and that the continent gobbles up aid and does relatively little to contribute to the global economy in return.The usual aid narrative is backwards, in every bit of money that comes into the continent from aid, much, much more money is leaking out, making Africa the richest, yet poorest continent.
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