Kenyan President Ruto Decries Disrespect for Africa & Challenges Dollar Dominance

June 18, 2023

The post below is from africanagenda.net, reporting on a punchy fifteen minute speech by Kenyan President, William Ruto, to the African Union Parliament on the disrespectful manner African leaders are treated by the developed sector. (See video). Below that, is a two minute clip of President Ruto discussing the need to conduct trade outside of the dollar denominations.

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. He is also the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

Nuclear Reactors Are Imperative To Industrialize Africa! Rwanda and Kenya Leading The Way

March 31, 2022

Watch the video interview above. Dr. Lassina Zerbo, Chairman of the Rwanda Atomic Energy Board, presents a compelling argument for the necessity of  African nations to have Small Modular Nuclear Reactors-SMRs. African nations that are pursuing nuclear energy including Ghana, Kenya, Egypt ,and Nigeria.

In his interview, Dr. Zerbo, the former Prime Minister of Burkina Faso, emphasizes how Small Modular Reactors are ideal for African nations, because of their size, construction, and ability to easily be adapted to a nations electrical grid. Additionally, the application of SMRs would bring a new modern technology to African nations, which will revolutionize the current mode of production, transform their economies, requiring the training of more scientists, engineers, and skilled workers.

He thoughtfully presents the reality that other renewable forms of energy like solar and wind are not powerful enough, i.e., their heat application (energy flux-density) is insufficient to power an industrialized economy. Also, solar needs sunlight, wind farms need a steady force of wind, and even hydro-electric plants, which are more dependable, require a constant flow of water. Nuclear energy plants once built, can last at least 40-80 years, and have proven completely safe.

Many Westerners and Africans falsely complain that nuclear plants are too dangerous, unaffordable, and not required if solar and wind are available. I can authoritatively say, all these naysayers and skeptics are wrong. In reality, nuclear energy will save lives by eliminating poverty and hunger. More Africans are dying from the lack of high grade electrical power than any other cause. If African nations want robust farming and agricultural industries, manufacturing sectors, and to improve the standard of living of their citizens, then nuclear energy with SMRs is a necessity.

See article below for Kenya’s plans to build nuclear energy plants in their country

Read my earlier post: Nuclear Power A Necessity for Africa’s Economic Growth

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton.

Africa’s ‘poverty trap’ more dangerous than so-called debt trap

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Kenyan President Uhuru Kenyatta (L) and Chinese Foreign Minister Wang Yi attend the completion ceremony of the Chinese-built oil terminal at the port of Mombasa in Mombasa, Kenya, January 6, 2022. /Xinhua

Lawrence Freeman

CGTN, January 24, 2022

Editor’s note: Lawrence Freeman is a Political-Economic Analyst on Africa, who has been involved in economic development policies for Africa for over 30 years. The article reflects the author’s opinions and not necessarily the views of CGTN.

In his visit to Kenya on January 6, 2022, China’s Foreign Minister, Wang Yi, emphasized China’s support for economic progress in Africa, and in particular, the Horn of Africa.

Wang was continuing China’s 32-year-old tradition of having their foreign minister begin each year with an overseas trip to Africa. In the first week of January, Wang met with officials in Eritrea, Kenya and Comoros. Both Eritrea and Kenya are located in East Africa, a region where Ethiopia, the second most populated nation in Africa, is engaged in a 14-month war to defeat an armed insurrection led by the Tigray People’s Liberation Front. Kenya, an important ally of China, is a key nation in China’s Belt and Road Initiative (BRI) and Maritime Silk Road.

Eliminating poverty

Wang, in his press conference, focused on the number one challenge facing Africa: poverty and the extremely low standard of living affecting the majority of its 1.4 billion people.

He polemically stated,”If there is any trap in Africa, it is the trap of poverty and the trap of backwardness,” which he counterposed to the so-called debt trap that he referred to as a “speech trap” created by the West. China speaks with authority, which has accomplished a modern day miracle in lifting over 750 million of its people out of extreme poverty and has pledged to help Africa do the same.

A woman fills up her water jerrycan in Nairobi, capital of Kenya, January 1, 2022. /VCG

China’s approach to the current challenges in the Horn of Africa is in stark contrast to that of the U.S. Instead of punishing Eastern African nations with sanctions and economic warfare, China is promoting peace and economic development. According to Wang, China will appoint a special envoy for the region, with the goal:

“To support the Horn of Africa in realizing lasting stability, peace and prosperity, China is willing to put forward the ‘Initiative of Peaceful Development in the Horn of Africa’ and support regional countries in addressing the triple challenges of security, development and governance.”

Emphasizing China’s infrastructure-led economic approach, Wang encouraged nations of the region to “accelerate regional revitalization to overcome development challenges,” adding that “the two principal axes, the Mombasa-Nairobi Railway, and the Addis Ababa-Djibouti Railway, should be enlarged and enhanced with the aim of expanding to neighboring countries at an opportune moment.”

Wang announced that China would provide an additional 10 million doses of coronavirus vaccine to Kenya which follows President Xi Jinping’s November pledge at the Forum on China Africa Cooperation conference in Dakar, to make 1 billion doses available to Africa.

China’s policy guided by development

The dominant feature of China’s relation to Africa is development, contrary to the Western geopolitical propaganda against China. The infrastructure-driven BRI has made physical improvements in African economies through the construction of railways, roads, power generation capacity, ports and airports. There is not a single Western nation that even remotely compares to China’s level of investment in Africa.

As every African leader knows well, if China were to cease offering loans for infrastructure, there would be no Western nation to address the continent’s huge deficit in the field, and African nations would suffer terribly.

The U.S. has failed to modernize its own rail network and is incapable of building advanced transportation corridors in other countries, while China had constructed around 40,000 kilometers of high-speed rail by the end of 2021.

Unlike U.S. officials who travel to African nations, Chinese representatives do not attach political conditionalities or arrogantly dictate what domestic policies must be adopted by their host countries. Instead, China is thoughtful by responding to the most critical and urgent needs of African nations. That is the elimination of poverty, which necessitates massive investments in hard and soft infrastructure.

Africa-s-poverty-trap-more-dangerous-than-so-called-debt-trap

Read my earlier posts:

Chinese ‘Debt Trap” is a Myth-Biden Would be Wise Not to Continue Trump’s Attacks on China in Africa 

China-Africa Debt Trap Refuted Again. Belt and Road Building Infrastructure-Developing Africa

A Brief Response: Marshall Plan for Africa or “Debt Trap?”

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton.

China’s Belt & Road is Helping Empower African Nations to Realize Their Economic Potential

November 15, 2021

Please watch my 45 minute presentation to the Special Session on Africa, at the ICG 16 in Qingdao, China, on October 25, 2021, entitled: “How China Is Empowering Africa’s Self Development.”

I discuss as a physical economist the critical importance of infrastructure in developing a progressive pro-growth economy. Expansion of vital categories of infrastructure, such as railroads and electricity is the most essential task for African nations today. I present in detail how China’s Belt and Road Initiative (BRI) is assisting African nations in developing their economies. The West, dominated by the disease known as “geo-politics” is spreading false propaganda against China’s investment in Africa. I expose their their anti-China propaganda regarding so called “debt-trap” diplomacy. Viewing my presentation will prove valuable to those familiar and those unfamiliar with China’s cooperative relationship wit African nations.

Please watch: Africa-China: Belt and Road

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton.

“HARD INFRASTRUCTURE IS WHAT WE NEED TO GET OUT OF POVERTY.”

Watch the video interview below with Olawale A-Rasheed, CEO of Abuja, Nigeria-based African Railway Consulting Ltd, who provides an excellent discussion of Africa’s needs for massive railroad construction.

The Silent Revolution in African Rail

2 June 2021

In this new podcast of the Belt and Road Institute in Sweden (BRIX), host Hussein Askary discusses with our guest Olawale A-Rasheed, CEO of Abuja, Nigeria-based African Railway Consulting Ltd, the current situation and future plans for railway connectivity in the African continent. We try to answer the following questions: – What is the status of transport sector in Africa, West Africa, and Nigeria? – What projects are completed, under construction? Who is building them? – What are the plans to develop this sector? Trans-African High-speed rail? – What is the role of China and the BRI in this process, and what can the U.S. and Europe contribute to it? Why they should learn from China in focusing on building the hard infrastructure in Africa? – There are many initiatives proposed by the U.S., the UK, and the EU to “rival” the BRI and China in Africa. Are these realistic? Wouldn’t it be better if the West and China join hands with Africa to reach the development goals? Mr. Rasheed is also the Director of the African Rail Roundtable and editor of the specialized magazine Rail Business (http://railbus.com.ng/)

“The real friends of Africa now are those trying to bridge the infrastructure deficit…..China has done it. It has pumped billions of dollars into the Belt and Road Initiative. Now, whatever critisism they have on that initiative, it has helped Africa. It has opened up Africa and it has challenged the world, that to be a friend of Africa, come and help us to build roads, bridges, have vision, high cities, power, and all those. So it is a clarion call to all friends of Africa in the West, East, Asia that HARD INFRASTRUCTURE IS WHAT WE NEED TO GET OUT OF POVERTY.”

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

Nuclearize Africa: It Is Necessary To End Poverty and Hunger

In the article below; Energy for Africa: The Power to Industrialize and Reach Zero Poverty, author PD Lawton, creator of the website, africanagenda.net, discusses the progress by African nations in acquiring nuclear energy. As the article makes clear, “nuclear technology will enable countries to realize more than 9 of the 17 Sustainable Development Goals.” Nuclear energy will supply the power for the industrialization of African nations.

Let us be blunt: African nations will not achieve true stability, peace, and democracy until poverty and hunger are eliminated! From decades of examining  the physical economies of Africa, I can say with complete authority, as long as large sections of the population of African nations are desperately attempting to simply survive and find ways to feed their families everyday, there will not peace, security, and democracy. Abundant and and inexpensive energy, with 100% access by the population and industry is the bedrock of any successful economy. Sub-Saharan Africa (SSA) needs minimally, 1,000 gigawatts of additional energy. A gigawatt is 1,000 megawatts. SSA presently has a mere 100,000-130,000 megawatts-100 to130 gigawatts. All forms of energy generation must be employed to power African economies. However, even clean hydro-electric is limited by the flow of water, as we have witnessed recently in energy shortages in Cote d’Ivoire and Ghana.

Nuclear energy is the most efficient form of power society currently operates. The technology is well known and safe. Delaying the construction of nuclear powers across the African continent will only contribute to more misery and death for Africans. Thus, nuclear energy should become an increasingly larger portion of new energy for African nations, beginning today! 

Read:

ENERGY for Africa : The Power to Industrialize and Reach Zero Poverty

Read: Nuclear Energy Can Bridge the Skills Gap in Africa

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

 

A Hamiltonian Development Policy for Africa Is A Necessity

In 1791, America’s first Secretary of the Treasury, Alexander Hamilton, put forth his grand plan for industrializing the United States. In his “Report on the Subject of Manufacturers,” Hamilton rejected the then common assumption that America could prosper with an agricultural base, instead arguing that the new Republic should concentrate on developing industry. (courtesy of enterpriseai.news)

January 18, 2021

In memory of Dr. Martin Luther King (1929 to1968), a champion for the poor. 

On Sunday, January 10, 2021, the Rising Tides Foundation (risingtidefoundation.net) hosted a class by me entitled: A Hamiltonian Solution for Africa. The first video below is my two hour presentation. The second video is an hour of questions and answers. For those of you who have the time and the desire to learn, I believe you will find these videos beneficial.

Alexander Hamilton, the first U.S. Treasury Secretary under President George Washington, prepared four economic reports establishing the American System of Political Economy in opposition to the Adam Smith-British free trade system. Hamilton understood that the U.S. would not become a sovereign economically independent nation without a robust manufacturing sector. This is true of African nations today, which have the lowest dollar amount of manufacture added value in the world. African nations are subjected to unfavorable terms of trade and weak currencies, because they are compelled to export their natural resources and import capital goods. Hamilton would not allow this to happen to the young U.S. following its independence from Great Britain.

My personal mission is to eliminate poverty and hunger in Africa by educating my African friends on the scientific economic principles of Alexander Hamilton.

 “The intrinsic wealth of a nation is to be measured, not by the abundance of the precious metals, contained in it, but by the quantity of the production of its labor and industry.” Alexander Hamilton, Report on a National Bank, (December 13, 1790)

 

 

 

 Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com

The Africa Integrated High-Speed Rail Network is Feasible and Will Create A Prosperous Future for All African Nations

Please watch the 30 minute video below, which is a provocative interview with Roland Ataguba, Managing Director of Bethlehem Rail Infrastructure Limited. He discusses in detail the feasibility of An Integrated Railway  Network

Please watch the 8 minute video below on the The African Integrated High-Speed Railway Network (AIHSRN), “An Agenda 2063 Flagship Project” proposed by the African Union.

 

 

This article: http://africanagenda.net/african-new-paradigm/, by PD Lawton, creator of the website: AfricanAgenda.net, reviews major rail and related infrastructure projects that African nations are planning and presently constructing.

 Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com

Belt and Road Infrastructure Contributes to Africa’s Development: No ‘Debt-trap’

CGTN published my article below:  Belt and Road Infrastructure Contributes to Africa’s Development: No ‘Debt-trap’ on December 26 , 2020. In this article, I expose the fraud of the anti-China “debt-trap” slander being used to impede China’s and Africa’s collaboration to build vitally needed infrastructure across the African continent.

December 30, 2020

Belt and Road Initiative is not debt-trapping Africa

Editor’s note: Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. [He is the creator of the blog: lawrencefreemanafricaandtheworld.com.] The article reflects the author’s opinions, and not necessarily the views of CGTN.

Over the last three years, a new type of groupthink has emerged among many Western media and policy think tanks in their geopolitically motivated efforts to malign China. They’ve claimed that China is practicing a new type of colonialism, which is coined “debt-trap diplomacy.” China is charged with deliberately luring developing nations into borrowing-lending arrangements, primarily for infrastructure projects, with the intention of entrapping them into unpayable loans. It is alleged that once the borrowing nation defaults on “excessive debt,” China seizes the project or collateral assets of valuable mineral resources.

There is only one problem with this supposition. None of it is true. There has been no takeover of any project and no seizure of assets of any kind in Africa by China. There is no evidence of an intentional effort to trap African nations into owing debt to China.

To give an example of how manipulation of words is used to disparage the Belt and Road Initiative (BRI) in Africa, just look at Heather Zeiger’s article “China and Africa: Debt-Trap Diplomacy?” The article recognizes that Kenya is suffering from COVID-19 related financial stress and cannot fulfill the terms of the loan for the Standard Gauge Railway (SGR). However, she then attempts to make the case for debt-trap diplomacy by slyly using a conditional sentence: If Kenya defaults on payments, China might be able to receive revenue from the Port of Mombasa as collateral, although the Chinese government has said it does not intend to do this.”

The truth is, neither happened.

Johns Hopkins University’s China-Africa Research Initiative (CARI) has extensive data on Chinese lending in Africa. After reviewing over 1,000 loans, it reports that “we have not seen any examples where we would say the Chinese deliberately entangled another country in debt, and then used that debt to extract unfair or strategic advantages of some kind in Africa, including ‘asset seizures’.”

However, this has not prevented U.S. elected officials and representatives of Democratic and Republican parties from ignorantly reciting this debt-trap mantra. This propaganda is so pervasive that even some Africans have been repeating this disinformation.

Aerial photo shows trains at the Nairobi railway station in Nairobi, capital of Kenya. /Xinhua

African nations require infrastructure

China through the BRI is helping to finance and construct vitally needed infrastructure in Africa. Nothing is more critical or more urgently needed to industrialize Africa and end poverty and hunger than infrastructure. The United States, whose foreign policy is increasingly vectored at countering China’s rising political and economic power in the world, has no strategy or intention of making a similar commitment to the African continent.

W. Gyude Moore, a senior policy fellow at the Center for Global Development and Liberia’s former Minister of Public Works, has said that China’s investment in infrastructure in Africa is unsurpassed. And given the West’s history and operations in Africa, it is “frustrating that in its complicated, enmeshed, centuries-long history in Africa, there has never been a Western proposal for continental-scale infrastructure building … It was the Chinese who sought to build a road, rail and maritime infrastructure network to link Africa’s economies with the rest of the world.”

China helped finance and construct Kenya’s SGR, the only new railroad in 100 years since the British empire occupied Kenya at the beginning of the 20th century. The first phase of this ambitious project, from the port city of Mombasa to the capital Nairobi, is already completed. It is intended to connect to Uganda, Rwanda, South Sudan and Ethiopia. This has the potential to become the eastern leg of the long overdue East-West railroad across the girth of Africa, which would transform the continent.

China has contributed to the welfare of nations through the BRI. And for this, it should be supported, not pilloried.

Read: news.cgtn.com Belt-and-Road-Initiative-is-not-debt-trapping-Africa

 

Adviser to Ethiopian PM Abiy, Kenyan Pres Kenyatta, and US Cong Davis, All Understand: Infrastructure Essential for Economic Growth

Dr Arkebe Oqubay speaking during virtual TIPS 2020 Forum meeting

August 4, 2020

All three articles in this post highlight the essential role of infrastructure in building real economic growth in African nations as well as the United States. We are living in a perilous period of economic breakdown and loss of hundreds of thousands of lives due to the COVID-19 pandemic. Millions of impoverished people around the world are threatened with hunger, and tens of millions more are being forced into poverty and extreme poverty as a result of this dual crisis. Massive development of infrastructure, including nuclear energy, should be financed through public sector credit and a National Infrastructure Bank as part of a  “New Economic Architecture,” which is urgently required. The economic principles to finance infrastructure and an expanding agro-manufacturing sector was brilliantly put forth by President George Washington’s Treasury Secretary, Alexander Hamilton*. The levels of infrastructure required cannot be done by relying on the so called free-market, but must be accomplished by government intervention. When people are dying and suffering, you do not depend on the “markets.” Nations have the obligation to provide for the general welfare of their citizens.

Without infrastructure and manufacturing, AfCFTA will fall short – senior African policymaker

“An Ethiopian senior minister and special adviser to Prime Minister Abiy Ahmed has cautioned that, without major infrastructure investment and the development of manufacturing capacity, African countries will not be in a position to take full advantage of the African Continental Free Trade Agreement (AfCFTA), which is poised to liberalize trading conditions across 55 countries.”
Dr Arkebe Oqubay has been at the center of Ethiopian industrial policy making for over 25 years. He is the founding Chancellor of the Addis Ababa Science and Technology University (AASTU), and in 2015 he authored Made in Africa: Industrial Policy in Ethiopia

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Kenya on Course for $5 Billion Nuclear Plant to Power Industry

  • Plans to expand nuclear-power capacity fourfold by 2035
  • Kenya expects peak demand to top 22,000 megawatts by 2031

The government looks to expand its nuclear-power capacity fourfold from a planned initial 1,000 megawatts by 2035, the Nuclear Power and Energy Agency said in a report on the National Environment Management Authority’s website. The document is set for public scrutiny before the environmental watchdog can approve it, and pave the way for the project to continue.

President Uhuru Kenyatta wants to ramp up installed generation capacity from 2,712 megawatts as of April to boost manufacturing in East Africa’s largest economy. Kenya expects peak demand to top 22,000 megawatts by 2031, partly due to industrial expansion, a component in Kenyatta’s Big Four Agenda. The other three are improving farming, health care and housing.

The nuclear agency is assessing technologies “to identify the ideal reactor for the country,” it said in the report.

A site in Tana River County, near the Kenyan coast was preferred after studies across three regions, according to the report. The plant will be developed with a concessionaire under a build, operate and transfer model.

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US Congress introduces  H.R. 6422, the bill for a $4 trillion dollar National Infrastructure Bank (NIB) based on Hamiltonian principles

New Videos Show the Way Out of Crisis

*Alexander Hamilton’s Credit System Is Necessary for Africa’s Development

*Nations Must Study Alexander Hamilton’s Principles of Political Economy

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in the economic development policy of Africa for 30 years. He is the creator of the blog: lawrencefreemanafricaandtheworld.com