Editorial
Exporting Culture & Economic Wars from America
The second and even more important thing African countries have to do is to start the process of individually or collectively preparing their countries for the onslaught of foreign direct investment [FDI] from the U.S. in the medium term. Various American businesses and investors can see what the Chinese are doing on the continent and will gladly jump in bed with the next big thing. Uganda has oil. Kenya has oil. South Sudan has oil. The Democratic Republic of Congo has everything. Rwanda has gorillas and a proactive government, and Angola is second to Nigeria in oil production. And it is only a matter of time before the tipping point is reached and one of these countries provides businessmen with the perfect blend of an investment environment and an endless stream of risk mitigation facets.
If each country is ready or starts the process of preparing infrastructure, setting up facilities to train potential workers and presents even a facade of political reform and stability, there might be hope for Africa, after all. Not only will the continent export its own culture to the U.S. and other countries; we will benefit from the economic attributes once and for all.
Dennis Matanda,
Editor – [email protected]
