Africa is a continent with immense wealth in both natural resources as well as human potential. Whether it be Dr Ben Carson in the US or Nelson Mandela in South Africa, they reveal the wealth of human talent that people of African descent possess. And yet the continent is overall an underperformer.
Whether it be in state of the art technology or modern discoveries such as Artificial Intelligence (AI), the continent has till now relied on foreign technology to meet its needs, even in South Africa. The reason is the quality of the leadership of these countries, who are overall unworthy of the role and responsibilities they are shouldering. Each Head of Government relies on a few crony capitalists, who themselves rely on foreign technology and asset imports in preference to developing local substitutes.
The reasons are not far to seek. Foreign technology, when bought at a higher price than is the market rate, gives rise to foreign bank accounts that can be shared with their leaders, who themselves maintain such secret bank accounts while daily touting about their integrity.
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