AFRICA AND VALUE ADDITION METHODOLOGIES Thanks for your insight, Sofian Yousif. The truth is that poverty, hunger and diseases in Africa are inextricably linked and cannot be separated. Treating or disease prevention requires not only investment, research, cutting edge technologies but also commitment. Resolving the three do not come on a silver platter. Africans should be committed to do that no matter the difficulties to be encountered in achieving that objective. The opportunity cost to implement these measures/objectives today will be greater if Africans shelve this responsibility to later. Today we have Institutions of higher education, research institutions, stakeholders and academia on the continent that have not lived up to expectations. It is for this reason that I have called for the processing of the bulk of natural resources in Africa, an overhaul of farming practices geared towards increase agricultural productivity and export diversification platforms in Africa. Value addition methodologies will not only create jobs in Africa but will extend the "shelf lives" of processed goods unlike their unprocessed counterparts like oranges, pineapples, cocoa, vegetables, coffee, maize, millet etc (mainstay of African economies today) and simultaneously boost food security on the continent. Canned food can last longer and value more and can also create multiple jobs simultaneously. Value added goods could also open the floodgates for the granting of patents to African inventors and researchers. The local African currencies will be strengthened vis a vis other foreign currencies to jump start the fragile African economies and consequently improve the standard of living of millions of Africans. This will bring about a drastic reduction in poverty. Further it is the same research prone African ideals that will further aid in the creation/manufacturing of medication, cutting edge technologies in disease prognosis and therapy. It is the same research prone African ideals that will also uplift traditional medicine that abound in Africa today. Most of the ingredients for the creation of medicines globally can be traced to Africa. All Africans need to do is to add higher value to these natural ingredients for the domestic treatment of ailments and for commercial purposes/international trade. The wealth of a nation to a large extent depends on the cash inflow from foreign countries (from export sales) as against cash outflow (expenditure related to the purchase of expensive value added goods from abroad). In a situation where the value of your cash inflow is greater than the value of your cash outflow, the country in question will experience a balance of payment surplus and improved standard of living for millions of Africans. Conversely if African States get a balance of payment deficit that will mean national debts, unemployment, inflation and weak national currencies like most African countries are experiencing today. Further, diversified economies (case in point, the economies of industrialized countries) can withstand global shocks much better than fragile economies in Africa that are not diversified. Yes poverty, hunger and diseases are inextricably linked and should be seen in that perspective when it comes to solving the myriad of problems facing the African continent. For a limited period read my book for free to unravel contemporary impediments facing Africa and the developing world and subsequently unearth proactive longstanding solutions to these obstacles. TRANSFORMING THE ECONOMIES OF DEVELOPING COUNTRIES $0.00 Kindle Purchase! Borrow this book for free on Kindle, a must read! This book has special applications to farmers, stakeholders, academia, NGOs, policy makers, environmentalists and all progressives in Africa, Asia and Latin America. Rush in to get your free copy! Thanks for your patronage! amazon/-/e/B008MMY74S
Posted on: Wed, 17 Jul 2013 20:59:24 +0000
Trending Topics
Recently Viewed Topics
© 2015