Most African countries are deficient not because they do not have the resources, but because the maximum of their resources (income) are channeled to satisfy their population’s desires for admission with little or no savings.As a result, a low savings rate leads to low investment rate and a low investment rate affects a low rate of expansion.
As a result, poverty at the onset of low savings, low investment and low backward expansion leads to poverty (poverty trap).For this reason, countries do not yet have the option to use external loans and foreign aid (external aid) to cover savings.investment deficit with the aim of achieving economic expansion and poverty reduction.
Africa remains trapped, enslaved and chained. They are trapped in poverty because the government continues to borrow from foreign funds in cash, the IMF, China, the World Bank.
These African countries will now have to allocate a giant component of their budget to the payment of external debts collected through the IMF and the World Bank.
Meanwhile, in Africa it is enough to build Europe, according to a report by Transparency International, however, the continent remains one of the poorest in the world.
The African continent is home to a wealth of herbal resources that come with diamonds, gold, oil, herbal gas, uranium, platinum, copper, cobalt, iron, bauxite, silver, etc.
Natural resources in Africa are used almost in many industries and in many countries every day.Industries come with manufacturing, commercial and energy development, medical and infrastructure.
Africa’s herbal resource economy contributes greatly to buildings and structures built on the continent.In addition to local use, some of the most giant engineering projects are similar to industry in resources such as oil and minerals, and giant amounts of herbal resources are exported to countries..
Why do we still want loans with all those herbal resources on our continent that can be used to grow our economy?We just want hands to expand what we have and make the African economy a giant.
As a result, Black Wall Street (BWS) gives Africa its first economic ideology, which it has classified as “Ubuntu Spirit” also known as Compassionate Capitalism through 28 fundamental programs for human desires that are designed to close the hole of progression and interconnect Africa.
Lambert believes it is time for Africa to leverage its herbal resources with this kind of economic philosophy to rule the world and wants you to bring your greatest skills, experience, knowledge, exposure, ingenuity and empathy to a project that will repair the symbol of other black people around the world.
This is a wonderful opportunity to win and employ for any African who is willing to fight for Africa’s economic liberation.
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