We are popular for our rich minerals ores and yet still the poorest continent. Take it back to the 1950’s; and bring it back to today (2010); we are still the historical underdog. We have less to show for our garden’s produces.
Remember the ‘opium wars’ between China and England caused by England refusing to trade their gold reserves (stolen) for china’s tea; opting to trade opium (drug) instead. Yet Africa’s GDP in 2010 still relies on exporting raw mineral ores.
So why is it that Europe and America; who don’t have that much mineral ores still the world’s economic leaders? The answer t is what I call ‘soft product innovations’. That is software; gadgets; clothing etc.
China and Japan have got the best of all trades; manufacturing, assembly and technological innovations. Its high time Africa consolidates its efforts and catch up. Imagine the millions of Rands that leave Africa through international clothing brands.
These are the times to be exploring those innovative ideas. Mighty is experience mixed with inexperience! Young kids have ideas; and the experienced know how put together the script.
(Part two to follow)