Views, ideas, inspiration, vision and practical tips for a better more prosperous Malawi

Is the African economy being colonised – again?

Is the African economy being colonised – again?  via Mail and Guardian

A few excerpts are most useful:

I recently read an article in Fortune magazine that described how American businesspeople whose fortunes are falling in the United States are moving in on Africa and taking advantage. They are buying land and building malls on the continent, and are now seeing their fortunes rise again. This made me question who is actually benefiting from the rise of Africa. Is it Africans or is it those who are taking advantage of us?

What do we need to do as a continent to own our destiny instead of answering to others once again? The world’s economy works to the advantage of those who have the financial resources to make things happen. Since those in the West have the financial means, they come in and take advantage of the fortunes that are to be made here.

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About Sang N.

Writer, Entrepreneur & Activist. Interests: History, Entrepreneurship, Business, Motors, Architecture, Aviation, Travel, Food and Art.

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This entry was posted on October 17, 2014 by in Thoughts and tagged , , .
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