(AFRICA’S TURMOIL):(2017),A YEAR OF REVERSAL DUE TO THE « DROP OF OIL RESOURCES PRICES IN THE WHOLE OF AFRICA »)!
(REMINDER OF FACTS AND BASIS):
AFTER REGISTERING SOME RELEVANT ECONOMIC GROWTH IN THE (1990s AND 2000S), PAN AFRICAN OIL-EXPORTERS HAVE JUST EXPERIENCED A MASSIVE REVERSAL THIS YEAR (20I7), NAMELY IN (ANGOLA), (NIGERIA), (CONGO- BRAZZAVILLE), (EQUATORIAL GUINEA),( GABON) AND MANY MORE, AS FAR THE ECONOMIC GROWTH IS CONCERNED:PARTICULARLY IN (NIGERIA)(-1%)(NGATIVE ECONOMIC GROWTH DUE TO THE DROP OF THE MAIN RESOURCES WELLKNOWN AS LARGEST PAN AFRICAN OIL-EXPORTERS EVER SINCE AND UNFORTUNATELY NO RELEVANT MANUFATURED STABLE BASE YET IN THE COUNTRY LABBELED AS THE GIANT OF AFRICA!
-(« THE ECONOMIC COLLAPSE OF THE (2 )GIANT OF « AFRICA » ECONOMICALLY SPEAKING/(« NIGERIA » AND « ANGOLA »)!
AS FAR AS SOME CREDIBLE SOURCES ARE CONCERNED, THE TWO LARGEST PAN AFRICAN LARGEST OIL- EXPORTERS: (NIGERIA AND ANGOLA) ARE FACING RELATIVELLY A SOFT ECONOMIC COLLAPSE:IN THE SAME WAY, BETWEEN (1980) AND (1985),THE ECONOMY OF AT LEAST (10) AFRICAN STATES SHRANK,WHILE THOSE OF (11) REGISTERED HARDLY ANY GROWTH.FURTHERMORE,AFTER RISING IN THE POST INDEPENDENCE CONTEXT(IN THE SIXTIES) AND SEVENTIES,PER CAPITA INCOME WILL HAVE DROPPED BY (1990) ITS LEVEL AT INDEPENDENCE IN THE (1960S)!IN THE SAME TREND,ALL THE PLAGUES OF UNDERDEVELOPMENT APPEAR TO HAVE COME TOGETHER IN A MERCILESS SO CALLED APPARENT FASHION IN THE PAST DECADE!
-(« LACK OF GOVERNMENT IN LOT OF AFRICAN NATIONS » TODAY)!
WE TAKE THIS OPPORTUNITY TO MAKE IT ABSOLUTELY CLEAR THAT THE CURRENT ECONOMIC REVERSAL IS DUE TO « LACK OF GOVERNMENT » , « CORRUPTION » AND « GREED » TO SOME EXTENT,BEING LABELED AS THE CLASSIC SHORTCOMINGS IN THE WHOLE OF AFRICA ,BECAUSE « THE AFRICAN CONTINENT IS NOT POR BASICALLY BUT AFRICA IS BEING LOOTED » BY NEW « PUPPETS » LEADERS IN DISGUISE, WHO ARE SATELITES OF THE WEST SMOOTHLY: DEFINTELY, IN( « WEST AFRICA ») TODAY,THE CONSPICUOUS EXAMPLE IS VISIBLE TODAY IN (IVORY COAST) WHERE LACK OF GOVERNMENT BACKED UP BY « CORRUPTION » AND « GREED » HAVE REACHED THE HEIGHT OF THE AFRICAN « KILIMANDJARO » SINCE (2012)!
-MOREOVER, NOT EVEN (NIGERIA),( ANGOLA), (SOUTH AFRICA) SUB SAHARAN AFRICA’S BIGGEST ECONOMIES, HAVE ESCAPED THE ECONOMIC « ARMAGEDDON WAR » TODAY!IN JUST (2) YEARS, FROM( 2015) TO (2017),ANNUAL PER CAPITA INCOME IN THOSE AFRICAN NATIONS OF AROUND (250 )MILLION DROPPED BY MORE THAN HALF, FROM (1000 to 550 US DOLLARS), PROMPTING THE WORLD BANK TO RECLASSIFY IT FROM A MIDDLE-INCOME TO A LOW-INCOME COUNTRY.
-(« AFRICA HAS LOST AROUND TWENTY YEARS OF DEVELOPMENT »)!
IF THE AFRICAN CONTINENT HAS LOST RELATIVELY AROUND TWO DECADES OF DEVELOPMENT THE MASSIVE TRANSFER OF RESOURCES,WHICH RECALLS THE COLONIAL AND NEW COLONIAL OF THE (60S) , (70s)AND (80s), IS CREATING TREMENDOUS HUMAN SUFFERING IN THE WHOLE OF THE DARK CONTINENT TODAY IN (2017)!IN CONSEQUENCE, WE HAVE NOT YET SEEN STARVATION ON AN AFRICAN SCALE,BUT IS PRECURSORS:TERRORISM OF « BOKO HARAM » IN (NIGERIA) AND WAR IN « SUDAN SINCE (2014)(DROUGHT AND FAMINE) AND (« SOMALIA WAR) SINCE (1991) AND ITS DRAWBACKS in (2017):(DROUGHT AND FAMINE)ARE ON THE RISE TODAY !
-(« THE DEBT BURDEN IN THE WHOLE OF AFRICA TODAY »).
INDEED,UNLESS THE « DEBT BURDEN » IS LIFTED,IT IS WITHIN THE REALM OF THE POSSIBLE THAT IN COMPARISON LATIN AMERICA WILL FACE AN AFRICAN-TYPE COLLAPSE IN THE (1990S)!IN « IVORY COAST » WEST AFRIC(LARGEST PRODUCER OF « CACAO » WORLDWIDE), THE « DEBT BURDEN » IS A « CANCER » TO BE HEALED AND DOWN THE LINE MORE THAN (2) IVORIAN GENERATIONS WILL BE FORCED TO FACE THAT RELEVANT ECONOMIC CHALLENGE IN THE YEARS TO COME, WHILE THE IVORIAN REGIME FAILS TO WIPE AWAY THE SHORTCOMINGS OF ROOTED AND RAMPANT CORRUPTION A?D GREED WITHIN THE IVORIAN SOCIETY SINCE (2012)!
-(« THE ASSAULT TO SOVEREIGNTY IN « AFRICA »).
-AFRICAN NATIONS GENERAL SPEAKING TEND TO SUFFER NOT FROM A SURFEIT BUT FROM A LACK OF EFFECTIVE « SOVEREIGNTY »:FOR TWO DECADES BEGINING IN THE (60S),AFRICA NATIONS MADE SIGNIFICANT STRIDES IN FORTIFYING THEIR ECONOMIC SOVEREIGNTY.THE HIGH POINT WAS WITHOUT DOUBT THE PERIOD THAT SAW THE SUCCESSFUL ARAB OIL EMBARGO IN (1973),THE DECLARATION OF THE NEW INTERNATIONAL ECONOMIC ORDER AT THE (1974) « UN SPECIAL SESSION » BACKED UP BY SUCCESSFUL AND GREATEST MARCHES OF « NATIONAL INDEPENDENCE MOVEMENTS » IN:( » MOZAMBIQUE », »ANGOLA », « GUINEA- BISSAU », « ZIMBAWE », »VIETNAM », « LAOS » AND MANY MORE… FROM (1974 to 1980)!
-(« FOCUS ON THE SCHOKING SURRENDER OF « ECONONIC SOVEREIGNTY »)!
SINCE THE (1980s),HOWEVER,WE HAVE SEEN A SHOCKING,EXTENSIVE SURRENDER OF « ECONOMIC SOVEREIGNTY » BY SCORES OF AFRICAN NATIONS;LEADING THE ASSAULT HAVE BEEN THE « US COMMERCIAL BANKS » AND THE « INTERNATIONAL MONETARY FUND(IMF ) IN THE( 90S ) THROUGH A SO CALLED SOFT AND SLOW IMPERIALIST SYSTEM DESIGNED; WHEN TAKING THE AFRICAN NATIONS AS HOSTAGES ECONOMICALLY SPEAKING!
-(« THE POST INDEPENDENCE DECOLONIZATION » PROCESS SEEMS TO BE HALF BLEAK IN (2017)!
IN (2017), THERE IS MORE AFRICAN PEOPLES STRICKEN BY POVERY IN THE WHOLE OF AFRICA NAMELY IN « NIGERIA », « ANGOLA », « CONGO », « IVORY COAST », « GHANA » AND MANY MORE, IN CONSEQUENCE THE PAN AFRICAN WORLD SCENE SEEMS TO BE HALF BLEAK ECONOMICALLY SPEAKING IN (2017), IN SPITE OF THE HUGE AFRICAN MINERAL RESOURCES AND RAW MATERIALS:THAT STEMS FROM LACK OF A STABLE MANUFACTURING BASE TO DEPEND ON WHEN THE « OIL RUNS OUT » AND UNFORTUNATELY THE HOUR SEEMS TO BE LATE: SOMETHING HAS TO BE DONE BEFORE IT IS TOO LATE BECAUSE « CORRUPTION », « GREED » AND « TRIBALISM » SEEM TO BE ON FASHION GRADUALLY IN SOME AFRICAN AREAS TODAY, IN OTHER WORDS « THE ONLY DAILY CUP OF COFFE OR TEA » …
-(« AFRICA HAS A GREAT AND BRIGHTER FUTURE DEFINITELY « )!
DOWN THE LINE, NO MATTER WHAT HAPPENS, WE ARE AFRO OPTIMISTIC AND LOOKING FORWARD TO THE LIGHT OF A BRIGHTER FUTURE IN THE WHOLE OF THE DARK CONTINENT:THAT’S TO SAY IN OTHER WORDS, (« AFRICA ») HAS A GREAT AND BRIGHT FUTURE, THROUGH THE EVENTUAL MUTATION OF THE SOCIAL POLITICS CLASS, A NEW COMMITTED AND CONSCIOUS AFRICAN ELITE HAS TO RULE IN THE DECADES TO COME! NEVER TAKE IT FOR GRANTED WORLDWIDE BECAUSE TIME WILL REALLY TELL ONE DAY!
(FROM THE CHIEF AND MANAGING EDITOR )(YVES T BOUAZO)