The desperation of several Africans to travel to Europe, America and increasingly any other part of the world aside from their own countries is understandable. Young intelligent citizens feel betrayed by the very system that should shelter them from the heat of daily human existence. Absence of steady power supply, poor infrastructure, insecurity of life … Continue reading Why Should I Stay in Africa?
The recent launch of the state owned mining company, the African Exploration Mining and Finance Corporation (AEFMC) in South Africa, was met with stiff resistance by the foreign and minority commercial interests, who have traversed the geological terrain of that country for more than a century. Once the announcement was made, the vested interests expressed apprehension … Continue reading Towards Ending Apartheid in South African Mines
At the end of 2008, total foreign exchange reserves of Africa stood at $460bn. A country likeNigeriapresently has sufficient foreign reserves to cover her imports for the next twenty four months. One requires more than a lay understanding of macro- economics to decipher what Africa stands to gain in her continuous pile up of savings … Continue reading Africa’s Foreign Reserve: In Reserve for Who?