What was Africa called before Africa?
African Tech Revolutionaries – Paystack just got Bought Over by
Stripe US for 200Million USD While Chinese Backed Opay
ignored This Juicy Low Hanging Fruit No one Knows !
Alkebulan In Kemetic History of Afrika,
Dr cheikh Anah Diop writes, “The ancient name of Africa was
Alkebulan. Alkebu-lan “mother of mankind” or “garden of Eden”.”
Alkebulan is the oldest and the only word of indigenous origin. It
was used by the Moors, Nubians, Numidians, Khart-Haddans
(Carthagenians), and Ethiopians
How many Chinese are in Africa? one million
Chinese There are an estimated one million Chinese
citizens residing in Africa. Additionally, it has been estimated
that 200,000 Africans are working in China.
How much does China own in Africa? According to McKinsey, over
10,000 Chinese-owned firms are currently operating throughout the
African continent, and the value of Chinese business there since
2005 amounts to more than $2 trillion, with $300 billion in
investment currently on the table.Oct 3, 2019
one year ago
Why Africa loves China
Contrary to what the West believes, Africans do not see
themselves as victims of Chinese economic
exploitation.
Cultural Learnings of America for
Make Benefit Glorious Continent OF Africa. Boratically Speaking if
there is such a word
The Norway-based, Chinese-owned (majority) company
founded OPay in 2018 on the popularity of its internet
search engine. Opera’s web-browser has ranked No.Nov 18, 2019
Four years ago, Opera was most famous for Opera Mini, a simple
data compression browser, gaining traction in African countries
with high data costs. Today, Opera’s software holdings have
developed into an interconnected nexus spanning file sharing, news,
digital payments, ride hailing, food delivery and news.
What fueled Opera’s rise was a change in ownership. In 2016, a
China-based tech conglomerate led by Qihoo-360 purchased a quarter
of the Opera’s software from its Norwegian owners.
After the takeover, cash and a captive user base became the
recipe for success in growing markets throughout the African
continent.
While Joe Biden has spent much of the campaign criticizing U.S.
President Donald Trump’s policies toward China, his own platform
sounds more like a change of tactics than a strategy overhaul.
The former vice president — a long-time member of a
foreign policy establishment that advocated engagement with Beijing
— has shifted along with the rest of Washington toward a more
confrontational tone during Trump’s term, denouncing Xi Jinping as
a “thug.” Still, the Democratic nominee has faced few questions
about how he would handle China more effectively than his
Republican opponent.
Chinese Racism in China Against Black Africans
watch or download this its pretty self
explanatory
https://9jabook.com.ng/index.php/s/9ibeYsotpFRp9kk
At the September 2018 Forum on China-Africa Cooperation (FOCAC)
in Beijing, African Union Chairperson and Rwandan President Paul
Kagame lauded the Chinese aid and investment strategy in Africa as
a source of “deep transformation”. Kagame argued that the
cooperation between China and Africa is based on mutual respect and
is for the benefit of both partners. This sentiment is perhaps
shared by most African heads of states and governments if their
attendance of the summit is anything to go by.
However, despite the African leadership’s embrace of China as a
valued partner, the view that Beijing is a “predatory” actor in
Africa, attempting to recolonise the continent is also ubiquitous
in foreign policy circles, media narratives and academia.
Based on data through 2017, France is the largest investor
in Africa, although its stock of investment has remained largely
unchanged since 2013, followed by the Netherlands, the
United States, the United Kingdom and China.
The China-Africa relationship is currently being interpreted
through two diametrically opposed perceptions.
The first of the two is a Sino-phobic one, mostly adopted in the
West. For instance, in a recent policy briefing at the Heritage
Foundation, US National Security Adviser John Bolton criticised
China’s actions in Africa and claimed the continent has fallen
victim to Beijing’s new colonialism. “China uses bribes, opaque
agreements, and the strategic use of debt to hold states in Africa
captive to Beijing’s wishes and demands,” Bolton said.
“Such predatory actions are sub-components of broader Chinese
strategic initiatives, including ‘One Belt, One Road’ – a plan to
develop a series of trade routes leading to and from China with the
ultimate goal of advancing Chinese global dominance.”
Just like the US, other western governments, such as the
UK and France, also see China’s engagement in Africa as a cause for
concern. For them, China is a spoiler of peace in oil-rich
countries such as South Sudan and Sudan, and a supporter of despots
in African countries, such as Gabon. Moreover, they perceive China
as a resource and energy-hungry giant, an exploiter of corrupt and
incompetent governments, a trade opportunist, and a massive
polluter of the African environment.
The second and opposing perception of the partnership between
Beijing and Africa is a pro-China one. This view is adopted mostly
in Africa.
According to the proponents of this narrative, China is a
saviour – a trustworthy ally of Africa. They view China, a country
that does not have a history of colonial aspirations in Africa, as
a partner which could provide much-needed funding without any
strings attached. They also believe Beijing understands and
respects Africa’s priorities.
Moreover, China has a reputation among African countries for
being an actor that respects other cultures and states. This view
is widely held by many African heads of state.
Photo Miss World Miss Nigeria Agbani Darego
Much of the academic literature on the China-Africa partnership
unjustifiably perpetuates the Sino-phobic narrative. The media also
wrongly portrays China as a predatory actor in Africa. For
instance, while it is widely reported that China invests more in
the extractive industry than in other sectors, the fact that the
extractive industry amounts only to one-third of the total Chinese
investment in Africa is barely mentioned.
The other two-thirds of China’s investment in Africa is in
infrastructure, construction, electricity production, manufacturing
and finance. In fact, compared with the US and other developed
countries, China’s share in extractive investments in Africa, in
the form of mining, for example, is lower. Africa is not a victim
of Chinese ‘colonisation’
The Sino-phobic narrative championed by the West portrays
African nations as passive collaborators, as mere victims of a
second “colonisation” wave. However, this is not the case.
Africans are well aware of the shortcomings of Chinese
assistance and business in Africa – from an imbalance in trade to
hefty debt, from poor quality goods to corrupt practices. Africans
also know that many Chinese investors lack considerations of
sustainability and that some business dealings are in some
instances incompatible with the national interests of African
countries. Furthermore, Africans recognise that Chinese businesses
rarely fight corrupt practices and seek to avoid
accountability.
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Africans expect China to take some responsibility for some of
these shortcomings, but also acknowledge that the weaknesses of
African regulatory and enforcement mechanisms, as well as
self-serving governments, are the main culprits. They know that
Chinese companies, like many others, exploit the weaknesses of
African states for their advantage. They believe it is their own
governments, and not China, that need to make sure Africa is not
exploited.
As a result, Africans see the Western criticisms of the
China-Africa cooperation with serious reservations. At the FOCAC
meeting in September, South African President Cyril Ramaphosa
summarised the African position by saying that Africa “refutes the
view that a new colonialism is taking hold in Africa as our
detractors would have us believe.” Why Africa loves
China
The debt trap is not an inevitable outcome of loans: As
President Kagame said, the outcome “depends on us Africans”. The
key factor that determines the success of Chinese loans to Africa
is whether or not African governments use such loans for productive
capital investment. For these investments to succeed, African
governments need to be accountable to the people of Africa. This is
not the responsibility of China or any other non-African country,
for that matter; rather it is Africans who are responsible to
ensure accountability.
Photo Chinese President Xi
There are some obvious reasons that make China a preferred
partner for Africa. For Africans, China has four major attractions:
Unconditional soft loans and access to capital; quick delivery of
services and cheap goods; funding of peacekeeping; and an
alternative development model.
First, China’s unconditional cooperation has allowed African
governments to enjoy access to finance, expertise and development
aid. In 2016, the trade between China and Africa reached $128bn, a
drastic surge from $1bn in 1980.
At FOCAC in Beijing this year, China offered $60bn for
development financing until 2021. While the financial crises in the
US and EU limited their investments in Africa, China committed to
investing more in the continent.
Chinese soft loans have enabled many African governments to
avoid pressure from global governance institutions such as IMF and
World Bank to meet Western norms of accountability and
conditionality related to political and economic reforms, such as
the infamous structural adjustment that does not always serve the
interest of Africans.
Second, China has aided African governments to meet
their people’s rapidly growing demands for services and
infrastructure more quickly. Many people in Africa are now used to
quick delivery of services – such as transportation, education,
health and telecommunication – by Chinese companies. This has
created, and will continue to create, more appetite for Chinese
business in Africa.
Third, China is now also engaged in peace and security projects
in Africa. Chinese troops participate in eight UN peacekeeping
missions of which five are in Africa. Moreover, China is the second
largest financial contributor to UN peacekeeping missions and it
also contributed funding to the African Union Mission in Somalia
(AMISOM) and the IGAD South Sudan mediation.
Fourth, China’s history of fast and successful economic growth
is a model from which many lessons could be learned in Africa.
China’s capacity to ensure policy sovereignty remains relevant, and
highly attractive to African leaders and scholars. According to the
World Bank, in about 40 years, China has lifted about 800 million
people out of poverty through its untraditional path of
development. Notably, it has achieved many of the Millennium
Development Goals.
The Norway-based, Chinese-owned (majority) company founded
OPay in 2018 on the popularity of its internet search engine.
Opera’s web-browser has ranked No.Nov 18,
2019
Africans should take a page from China’s playbook on development
and sovereignty. They can keep their home in order and also make
the best out of the competition between great powers and regional
players whether they are from the West, Far East or the Middle
East.
As things stand, China is already winning the hearts and
the minds of Africans. The West will have to either change tact or
forever play catch up.
Phote Meghan Markle & Model
Going Back to Our Rhetorical Headlines
IS Trump likely to Hold China Better Than a Biden ? Will
That Be Beneficial for The Continent Africa Boratically Speaking
?
A major question is whether Biden will seek to rejoin the
Pacific trade pact many China hawks viewed as the best way to
counter Beijing’s economic might before Trump withdrew from it as
one of his first official actions. Biden supported the deal — now
known as the Comprehensive and Progressive Agreement for
Trans-Pacific Partnership — as part of former President Barack
Obama’s administration, but said during a Democratic primary debate
last year that he would insist on renegotiating “pieces” of the
pact.
TikTok, Huawei
Biden has similarly promised a more global approach to
countering the influence of Chinese technology companies such as
Huawei Technologies Co. and TikTok-owner ByteDance Ltd. He
acknowledged “genuine concern” about how TikTok handles data from
its some 100 million American users, while faulting Trump for
trying to make money off a deal to secure U.S. control over the
social media network’s local business.
Rather Than Buy Arsenal Should The Richest Black Man in
The World not look into Technology ? Big Tech like Stripe Did
?
OR
Do we Await a Subsequent Moviefilm: Delivery of Prodigious Bribe to
American Chinese Regime for Make Benefit Once Glorious
Continent of Africa Article culled and adapted from various
sources for swordpress and retwtr.com fund.i.ng
edited by retwtr and swordpress staff BBC
ECONOMIST FORBES AL JAZEERA GOOGLE Photo Aliko Dangote –
Richest Black Man on Earth