Quote from: o48o on July 14, 2023, 11:06:50 PM

Quote from: Godlovesyou on May 17, 2023, 07:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

Venezuela is also insanely rich country in resources, but like in many countries of africa, corruption renders them useless. This is why i often wonder why many crypto currency enthusiasts are so much against regulations and transparency like KYC. As such measures are the part of weeding corruption and draining the swamp. No one just doesn't seem to like when it happens to them personally.-

I believe that countries in africa will eventually stabilize. It will be a long road, but after they do they just might become a superpower with all those resources.

This is going to be difficult, not only because of what I have already explained above but also because Africa as a continent has huge potential, however if that potential was realized then suddenly all of those resources which are sold for cheap will instead remain at Africa, then they will be transformed into technology and sold at many times above their value, while at the same time many companies and jobs will move there, increasing the pressure for manufacturing countries even further, something they obviously do not want.