Post
Topic
Board Economics
Re: Africa on the Rise as more military coup sweep across the contents
by
Fiatless
on 25/05/2025, 21:04:04 UTC
So, in your opinion, new "colonialists" have now taken the place of the former colonialists? China, Russia and Israel? Among them, one colonizer has been forgiving all debts worth billions of dollars for decades, even debts from the USSR, sending mountains of grain and fertilizers for free, and providing free opportunities for African students to study at universities. So it is necessary to break off the relationship and refuse gifts, and the oppression will end. After all, you can always take loans from the IMF, the World Bank, etc. Such loans are never forgiven, but the country will be independent from the colonialists.
Africa has been under the siege of some European powers. These colonizers have not brought meaningful development to the continent. I support African leaders to seek partnership from Russia, China and others if they offer a better deals. African countries have been subjected to financial slavery due to throat cutting interest that the World Bank and IMF place on loans they give to mainly African countries. We know that China and Russia are not saints, but we need partnerships that will benefit us.

Recently, the government of my country gave China the approval to establish the first electric vehicle factories. We don't want partners that will exploit only raw materials, we want them to help us to industrialize.