Black People : Investments in Africa

Discussion in 'Black People Open Forum' started by truetothecause, May 15, 2009.

  1. truetothecause

    truetothecause Well-Known Member MEMBER

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    Rastafari Rising: "Investments in Africa" p1



    Rastafari Rising: "Investments in Africa" p2




    ummmmmmm:qqb010:

    Not sure what I think and feel YET about this. It was interesting enough to me that I thought I'd share it here.

    Feel Free to share your thoughts, feelings and/or plans in relationship to what you hear and see here.

    M.E.
    :hearts2:
     
  2. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa!




    truetothecause,

    Plain and simple, investment bankers are driving businesses to Africa/Alkebu-lan. After finishing the first video, I am leaving this response because my mouth is still wide open in unbelief. The basis of Africa being the birth place of mankind, does not give them the right, unless we give it to them, to twist and flip the fact that Black People are the only original people from whence all others derived; which will not be told by them in that manner, for sure. Yes, it is time for us to wake up and not only smell the coffee, but to drink it, taste it and digest it, or else we will perish for lack of knowledge, for real.

    Also, this goes to our inability to drop our differences and come together as a people to protect our homeland, and there are other threads that give rise to the problem, example, Africom to take Over Africa, started by Moorifus.

    Not only should we be discussing these threads in all of our Chat classes, more importantly, we should be putting together opposition to the TED movement which tells the real story of Africa/Alkebu-lan, and not this TED movement. As far as I am concern, this is a major fine you have here and should become a project that causes us to, again, drop our differences and get real busy, for real.
     
  3. truetothecause

    truetothecause Well-Known Member MEMBER

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    YOU AIN'T TOLD NO LIE HERE!!!

    THANKS FOR SHARING.....for real :em0100::hi:

    :bowdown::bowdown::bowdown:

    M.E.
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  4. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa!




    truetothecause,

    This is getting very serious, for real sister true. The audacity of the business world planning to take our Africa/Alkebu-lan. From Alexander the Great through now, we have never held our land, it is now time to fight the only fight we can, and the only one we have to win, the intelligent academic fight to reclaim it, it's our birthright to do so.
     
  5. truetothecause

    truetothecause Well-Known Member MEMBER

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    Yes this IS serious. It seems for sure, that "the gates of hades has opened and the demons are running freely".

    I did not listen to the second vid as the first one had my stomach sinking! Trying to comprehend what I'm hearing and seeing. Sounds like that original summit held when they divided up our land for themselves.

    I've talk to a Brother in Ghana and he reports how sad things are with the chinese owning businesse's for basic needs and how the Family at home must go to them for resources.

    Seems is TRUE that "the more things CHANGE, the more things Stay the Same".!

    And it is a darn DISGRACE. At the same time, seems we so far down in this pile of ish that we not gonna get out. "Unless we come together and do something first" (Tanya Stephens, Warn dem).
    I don't know from "intelligent" fight from any other type. I know "Afreeka's OUR home and there ain't no doubt about it" (Macka B) cause that for real is where my HEART is.
    This is a complex and complicated mess we are in and it will take multiple approaches. Ultimately, I experience this as SPIRITUAL WARFARE and therefore SPIRITUAL fighting is needed!
    I am concerned like Brother Son of RA regarding our tendency to trust and allow them back in ..again and again and again....despite of what they have done. As long as "forgiveness" is the order of many mindsets...well then....TED and dem likely to win.


    M.E.
    :hearts2:
     
  6. phynxofkemet

    phynxofkemet Well-Known Member MEMBER

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    African Open For Business....

    http://www.africaopenforbusiness.com/

    When I was an investment advisor 5 years ago, I took this film and presented it to some members of my community. I wanted to get do a presentation getting Black people to start saving their money, to invest in African stock markets, and businesses. I was dismissed.

    The economic crisis - the recession is not accident. By ensuring that the average African in America has little to leverage, like a home or business, it also makes his next move back to the motherland a lot lighter, which means he is still at the short end of the stick.

    Looks like it's time for us to make a move if we're going to do it. The question is, what do we have to bargain with? These $%@$%! need a global divine *** kicking
     
  7. Zulile

    Zulile Well-Known Member MEMBER

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    Clyde,

    TED movement? TED stands for Technology, Entertainment, Design. - their website is full of outstanding "innovative" speakers from all over the globe on a wide array of topics.

    Sister True :heart:,
    I am not quite certain what is being objected to in this clip. Should there be no foreign investment in Africa? It is more common than not to hear African Americans speak against it, yet is that not a paradox? I cannot quite understand it.

    I am not against private investments within Africa as the social developments which follow can be/have been excellent. As these global governmental 'companies' (such as IMF, WB etc) lose their chokehold on African resources, African nations are increasingly more active in retaining their assets and improving their markets to compete with the rest of the world. Is this a bad thing?

    Many ppl are anti-investment because they believe that Africans will be taken advantage of - as if the developments of the last century have taught them nothing and that they are incapable of looking out for themselves. The video mentioned by phynxofkmt is a great example of exactly how locals have created African business that now compete worldwide - is this a bad thing?

    Some ppl look towards Africa as if it should be a museum - untouched - left alone. That it's spiritual strength will be utterly destroyed with any technological advancement.

    Would this clip you presented have been taken differently if it was a Black African who was speaking? *see PS below

    Here is another speaker from the TED conference. A woman, Ngozi Okonjo-Iweala, the former Finance Minister of Nigera. What are you views on her similar message?




    PS incidentally, and as an aside: the social/political parallels between the Indian South African and the African American are worth understanding to fully see where this speaker is coming from - and the reference to the Heart of Darkness novel sets the foundation.
     
  8. truetothecause

    truetothecause Well-Known Member MEMBER

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    Dang SiS Zulile! My work ain't over here. I need to listen to learn a lot closer than I thought cause I did kinda go by Clyde's assertions and my sense about what's really happening.

    First, as I said, I had not listened to the second one yet and after hearing the first, I was not really clear about the implications of what was being said. I KNEW it was interesting enough to share and have open to additional views cause global economy and stuff is a bit outside my purview of understanding.

    I do have mixed feelings about global investments and the like at this time. I DO believe that as long as a Capitalistic system is in place it will be bad news for US where ever we are and because we are all the places we are the how we got to be where we are.

    If WE are not doing what SiS Phynx suggested then hat is a problem for us and maybe Afieekans on the continent don't experience the implications from our perspective, nevertheless, I'd like to see and know that it is Afreekans who benefit from those investments.

    Please allow me to look and listen to both video's to get a better overstanding of what is happening with the TED. That was another thing I had not gotten and had not followed up with a search, what TED stood for so thanks for that.

    I apologize to all for not doing a more thorough job at undestanding what I was posting and engaging in discourse based on that limited information. I will correct that later when back home.

    Also, I still do agree with what Clyde said in his first posting regarding OUR need to come together around discussions of these issues because Afreeka for ME..IS MY HOME and I'd like to go back there. I DO believe OUR RE~demption...COLLECTIVELY lies there and I believe that WE who have been stolen resources MUST RE~turn to support the RE~building and RE~climation and RE~storation of our 'CIVILIZATION'.
    The current system and practices, if left unchecked, will likely be detrimental. I say this knowing full well that this is part of the Work or pain WE must go through to get to another side of LIFE for US as a people. That WORK is experiencing a lot of pain in the process of Reparations/Healing and RE~connecting.

    M.E.
    :hearts2:
     
  9. Zulile

    Zulile Well-Known Member MEMBER

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    Thanks Sister True :)

    Clyde's comments and the content of these clips are different themes, although not mutually exclusive ~ they can be addressed hand in hand.

    Rebuilding, reconnecting, restoration of Africa includes both emotional/spiritual and financial investment. As the world of finance opens up to include several parties, so do the opportunities to choose from.

    I do agree that current systems and practices can detrimental, but I also am aware that several countries in Africa are no longer forced to accept the old school practices due to other forms of investment available. "Africa for Africans" is the common theme and goal most African business/organizations aim for.

    I was aware you hadn't watched both clips, I just wanted to get another viewpoint in there while I had the time :)
     
  10. brown_h0rnet

    brown_h0rnet Master of All Trades... Jack of None PREMIUM MEMBER

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    Zulile

    Ok, well... first

    When I first saw this guy talking, my reaction was, "OH HELL NAW!". But, I understand what you are saying Zulile. I think that the issue is trust here. When speaking of TED (which is managed by Chris Anderson)

    You were on point when you said
    Well, one thing that we have all learned is that when Non Blacks get involved with Blacks... 12/10 Times Blacks get taken advantage of. So when you see Non Africans making a presentation "marketing" Africa... it will draw suspicion. I think that most Black people feel that ultimately when it comes to investing and/or profiting on Africa, it should always be by and for the benefit of Africans. So if what this guy is talking about is really benefiting Africa, then would it be in a mainstream dialogue like at the TED Conference that features many "outstanding innovative speakers" (many of them are the elites... people who have connections that you REALLY don't wanna play wit)? A lot of time, foreign investments mean foreign control.

    Yeah, the message may be received differently when coming from a Black African like Ngozi Okonjo-Iweala.

    I am not "necessarily" against private investments within Africa either.. but, the idea of private "investing in Africa" is not a new idea, it is a very old one, especially in the U.S. The U.S. has been pulling in billions since at least the seventies from "investments in Africa" But of course, Africa has not been the beneficiary of it. It is interesting that both speakers talked about how Africa is being portrayed incorrectly. This (at least in the U.S.) has to do with the National Security Memerandum 46 that was signed into law in 78 which states, "It should also be borne in mind that black Africa is an integral part of a continent where tribal and regional discord, economic backwardness, inadequate infrastructures, drought, and famine, are constant features of the scene." So of course, the masses (and especially Blacks in America) Steer Clear of Africa, while the Elites get PAID!

    As far as African Nations retaining their assets and improving their markets... that is great, but what is it that is making you think that these governmental companies (IMF, WB) are losing their chokehold?
     
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