Helpful mineral resources

[coupable]

It is not really a conspiracy theory, it makes sense for countries to want to buy commodities for the cheapest price possible and through history we have seen whole countries being subjugated in order to fulfill this goal, so it would be silly to think that somehow this behavior stopped during the 20th century and beyond, it is just the methods used now are more subtle but it is still possible to achieve the same results, and when you add inept and corrupt politicians to the mix then it is easy to explain why the African continent despite its resources remains behind other continents.

I think the situation is changing after what happened recently in Niger and Burkina Faso. In both countries, a military coup took place to seize power from those who say they are agents of the West to steal the country's resources. The new leaders of both countries stopped all agreements with France and forced its citizens to leave. What is interesting about these facts is that France, along with other Western countries, depends on the two countries' resources of gold, nickel, uranium and other minerals. This explains the call of those countries for military intervention to protect their interests, which apparently cannot be compensated for by other sources.
This is in addition to the countries allied to Russia, who are in the process of stopping cooperation with Western countries that have been draining their resources for centuries.

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[lixer]

Indeed, resources in Africa are indeed abundant and it would be a shame if they were not managed properly. But the problem, in my opinion, is that Africans lack knowledge and only focus on working to provide for their families. So they ignore education, even though education is very important. If they had knowledge, they would definitely be able to make excellent use of resources.

Without education a person is blind and one does not have any idea that how to handle these resources and how to provide these resources to every individual of country.

For managing such activities it is necessary that the leader of a country should be educated. Although some people are brilliant without education but brilliant individual with education is better than brilliant individual without education. Some countries does not have any technology to make actual use of resources and introduction of technologies are greatly related with educated people.

Well, though the government is not obliged to provide the resources to individuals but the money that they can make through them can be used for the development of the country and the well-being of the people living in that country, so it ultimately is to provide useful stuff to their citizens. Countries that lack the necessary technologies and tools to extract and process those minerals and resources tend to make contracts with other countries which makes them lose control over the resources.

You are right that education is important but education can only work in such a situation if it has been worked upon in the past, and maybe if leaders are educated and wise, they won't ask other countries to come and take out the minerals and pay them a commission in return but just borrow some money to buy the equipment to do everything and then repay the loans.

[19Nov16]

Natural resources in developing countries are usually managed by developed countries or corrupt government companies, this also happens in my country because natural products are managed by many foreign companies or government companies but the annual report always says loss and continue.

[Vishnu.Reang]

Since Africa is a country rich in natural resources with 40 percent of the world's gold and up to 90 percent of its chromium and platinum. The largest reserves of cobalt, diamonds, platinum and uranium in the world are in Africa. If Africans people are able to take advantage of this resources then they will be in better condition. African continent is blessed with minerals and natural resources that's why African governments should think about how to extract the natural resources. Then they don't have to depend upon other country and Africa can improve the welfare of its citizens.

[Huppercase]

I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

Having a mineral resources doesn't guarantee that you will have the capacity to refined them to the finish products but a country who has smart politicians will not depends on exportation forever, they are supposed to sell for a particular time, generate the revenue and to improve the country and increase their target reserves so that with time, they will build one of the company to refine the natural resources for exportation and make the same money they are giving out to import this products. However, when corruption becomes the first thing politicians value the most, the country continue to borrow even with the available natural resources they have in aboundant, it crazy and pitiful to see a country suffer high rate of poverty even when they are swimming inside wealth of God gifts.

[MarjorieZimmermanGinger]

Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

Supposedly with so many natural resources owned by African countries it can bring prosperity to all the people there, but unfortunately it didn't go well and there are still many people suffering in poverty when we read the news there. It's the same as my country which has abundant natural products, but people's lives in general are far from prosperous. To be honest, the government mismanaged and they have never been able to create prosperity for their people and that is why even though natural products are abundant people are still living on the poverty line.

Just imagine owning oil and exporting it overseas to be processed and re-imported to be sold at high prices in the oil-producing countries themselves. Whereas when the oil is processed in the country itself, it will generate jobs for local residents and can be sold at a more affordable price. The rest can be exported as refined oil to other countries, so that the country's income can be greater and prosperity can be created for a much larger percentage.

[Wakate]

Natural resources in developing countries are usually managed by developed countries or corrupt government companies, this also happens in my country because natural products are managed by many foreign companies or government companies but the annual report always says loss and continue.

This is one of the reason there is conflict in country like Niger because there politicians are very corrupt and mismanaging the economy in an appropriate way. Many African countries are corrupt that is why they keep depending the West for aids and palliatives. The African countries have what it take to make the whole continent sufficient with enough natural resources. I hope different countries in Africa will get to understand the value of what they have and not mismanage there resources in a way the will keep there region in poverty.

[Cling18]

Natural resources in developing countries are usually managed by developed countries or corrupt government companies, this also happens in my country because natural products are managed by many foreign companies or government companies but the annual report always says loss and continue.

This is one of the reason there is conflict in country like Niger because there politicians are very corrupt and mismanaging the economy in an appropriate way. Many African countries are corrupt that is why they keep depending the West for aids and palliatives. The African countries have what it take to make the whole continent sufficient with enough natural resources. I hope different countries in Africa will get to understand the value of what they have and not mismanage there resources in a way the will keep there region in poverty.

This is heartbreaking because lots of people especially children are affected by the worse situation of poverty in the said country. Many has been suffering due to hunger and lack of food despite the existence of the natural resources in these countries because the leaders who are supposed to keep the foundation of their economic situation firm, are making the situation worse for them
Corruption could really ruin and hinder the economic growth of each country. If these corrupt officials will continue with their wrong doings, they will surely face downfall in the future.
I hope corruption would end for them soon so people especially the younger generation could live in peace.

[Unbunplease]

This is one of the reason there is conflict in country like Niger because there politicians are very corrupt and mismanaging the economy in an appropriate way. Many African countries are corrupt that is why they keep depending the West for aids and palliatives. The African countries have what it take to make the whole continent sufficient with enough natural resources. I hope different countries in Africa will get to understand the value of what they have and not mismanage there resources in a way the will keep there region in poverty.

Virtually all military conflicts today - under various pretexts - are due to the redistribution of resources. Fresh water reserves are running out, mines are being depleted, etc. Yes, officially we are told that everything is wonderful, but the reality is probably far from ideal. Life often brings surprises

[Smartvirus]

There is so much corruption can do to you and it is as well taking a great turn in the social and political life’s of the African continent as a whole. Despite the wealth in human and natural resources, the continent remains one of the poorest due to an ideology that pushes everyone to seek means of getting individual wealth to keep not just for themselves but for there generations. In this, the idea of a poor Africa is established and they never believe it could get better so they don’t put much effort to make things better than the way they met it. Having stakes in all the mismanagement of funds and diversion of resources.

[South Park]

There is so much corruption can do to you and it is as well taking a great turn in the social and political life’s of the African continent as a whole. Despite the wealth in human and natural resources, the continent remains one of the poorest due to an ideology that pushes everyone to seek means of getting individual wealth to keep not just for themselves but for there generations. In this, the idea of a poor Africa is established and they never believe it could get better so they don’t put much effort to make things better than the way they met it. Having stakes in all the mismanagement of funds and diversion of resources.

And the greatest tragedy is that the more time passes in which this situation is not corrected the more difficult it becomes to try to do it, as the world does not wait for anyone so the gap between the African continent and the rest is only growing wider as more technologies are discovered and implemented, so unless there is a change on the policies of most of those countries they could get to a point in which getting on equal ground may be impossible even if they finally decide to try to change things up.