The article in the link below is a detailed and useful expose of how the CFA franc, controlled by France, contributes to the suppression of economic development in Africa. We have now past a half century since many nations in Africa liberated themselves from colonialism. Yet the French banking system still exercises colonial domination over the finances of African nations that should be economically independent. African nations will never be truly independent until they are economically sovereign. This means having sovereign control over their own currencies and the issuing of credit for internal improvements of their economies. African nations should have National Banks and Development Banks for the issuing of credit, as first conceptualized by Alexander Hamilton. Hamilton’s concept of government-national credit was essential for the creation of an industrialized USA from thirteen agrarian based colonies.
I cannot verify all the information in the article below, nor do I think President Buhari will be removed from office and replaced by Atiku Abubakar. However, the machinations presented in this article are plausible. Although, President Trump has spoken out against regime change, his administration, led by National Security Adviser, John Bolton, and Secretary of State, Mike Pompeo, is in fact attempting to do just that in Venezuela. There, they are endeavoring to replace the current President of Venezuela by installing a member of the National Assembly as head of state, who was never elected as President. Some people in and around the Trump administration are trying to use this precedent in Venezuela to establish a new precedent for regime change. If the cited article below is true, it appears that there are unscrupulous people, who are being handsomely paid by the defeated, but wealthy Atiku, to make him President of Nigeria.
The idea of removing President Buhari from office-Venezuelan style, would not only illegally overturn the will of the Nigerian people, but it would be a catastrophe for all of Africa. Africa, especially North Africa, is still suffering horribly from the 2011 regime change and assassination of Libyan President, Muammar Gaddafi. Contrary to the misguided apologists of the Obama administration, there is no escaping the truth; Samantha Powers, Susan Rice, Hillary Clinton, and President Obama are responsible for the death and destruction of North Africa by their reckless action in overthrowing President Gaddafi and then killing him. Following the regime change collapse of Libya, thousands of Tuaregs, along with various extremists, drove out of Libya in their pick-up trucks filled with modern weapons and munitions. As a result, following the collapse of Libya, Mali’s sovereignty was undermined, the nation destabilized, and remains so today!
Nigeria is already familiar with the effects of western inspired regime change. Boko Haram’s growth and sophistication in lethality was also caused by the influx of new terrorist actors streaming across the desert after President Gaddafi was eliminated. Were those lunatics in the cited article ever to succeed in their fantasy to remove President Buhari, civil war accompanied by an exodus of millions of Nigerians would overwhelm West Africa especially, drawing the continent into new and deadly regional conflicts and massive internal displacement of people.
For the sake of Africa and the world, let’s put end to regime change, now!
“Enlisting the assistance of two high-powered Washington, D.C. lawyers, a Nigerian presidential candidate is looking for help in his legal challenge after his election loss. Atiku Abubakar, former vice president of Nigeria, lost in the country’s February presidential election to incumbent President Muhammadu Buhari. However, Abubakar swiftly filed a legal suit challenging the election results due to allegations of voting irregularities and violence.
“Abubakar has ties to those in Trump’s orbit, having hired political consultants like Riva Levinson, who worked with Paul Manafort, and Brian Ballard, a major Trump fundraiser. Like many other foreign leaders looking to bolster their standing with Trump, Abubakar stayed at the Trump International Hotel in Washington D.C”
“Abubakar himself has a rocky legal history. A Senate subcommittee report on foreign corruption cited Abubakar as a case study regarding his transfer of millions of dollars into the U.S. through shell companies. He was never prosecuted. In 2009, the FBI alleged that Abubakar demanded bribes from former Rep. William Jefferson (D-La.), who was convicted of corruption charges. At one point, Jefferson stored $90,000 in cash for Abubakar in his freezer.”
An East-West railroad, along with Trans-African highways, and electrical power, is essential for African nations to become sovereign independent nations. It is coherent with the African Union’s “Agenda 2063.” Sudan is geographically situated to become the nexus of the East-West and North South rail lines. Africa’s collaboration in recent years with China’s Belt and Road Initiative, Russia, and other nations to build vitally necessary infrastructure is the only way to eliminate poverty, hunger, and disease. It will also lead to finally putting African nations on the path to building robust agricultural and manufacturing sectors. This policy stands in stark contrast to President Trump’s “non-Africa Strategy,” which will do nothing to help Africa, nor improve US Security.
Russia Wants To Help Build an African Cross-Continental Rail Line
Dec. 16, 2018
The Russia-Sudan Inter-governmental Commission announced in a report that Russia wants to participate in the construction of a cross-continental rail line, which will connect East and West Africa. TASS reported that the commission document states: “The Sudanese side expressed interest in participation of the Russian companies in constructing of the Trans-African railway from Dakar-Port Sudan-Cape Town. The Russian side confirmed readiness to work out the opportunity for participation but asked for [the] provision of all the financial and legal characteristics of this project.”
TASS explained that “the Trans-African railway line is part of the African Union’s plans to connect the port of Dakar in West Africa to the port of Djibouti in East Africa. It will run through 10 different countries (many of them landlocked) and is expected to boost trade on the continent. The route will be the expansion of the existing Trans-African Highway 5 (TAH5). The first phase of the project will be an estimated $2.2 billion upgrade to 1,228 kilometers of existing rail between Dakar, the capital of Senegal, and Bamako, the capital of neighboring Mali.
The project has already attracted Chinese investment in African infrastructure through Beijing’s ambitious Belt and Road Initiative (BRI).”
Africa is the poorest continent with hundreds of millions of people living on $2 per day. African nations have the greatest deficit in basic infrastructure like roads, rail, and energy. It’s the only continent where cholera is endemic. African nations are also spending billions of dollars importing food when they have an abundant amount of fertile land. Learn about the causes for Africa’s current condition due to it’s unique history of slavery and colonialism. With the recent China-Africa Summit-(FOCAC) in Beijing, one should be optimistic that economic conditions on the continent are changing for the better
Instructor: Lawrence Freeman has been involved in Africa for almost 25 years and has made over two dozen visits to the nations of Sudan, Nigeria, Mali, Chad, and Ethiopia. He has studied the history and political economy of several Africa nations. Lawrence has attended weekly seminars and forums on Africa in Washington DC including Congressional hearings on Africa. As a result, Lawrence has attained an in-depth knowledge of both historical and current developments of Africa. He has written dozens of articles analyzing the political economies of Africa nations including Sudan, South Sudan, Nigeria, Kenya, Mali, Ethiopia, Zimbabwe, and the Democratic Republic of the Congo. He specializes in promoting policies for physical economic development, and has presented his ideas to government and non-government circles alike in both Africa and the United States. Lawrence is the Vice Chairman of the International Scientific Advisory Committee to the Lake Chad Basin Commission, and played a prominent role in the International Conference to Save Lake Chad in Abuja, Nigeria from Feb 26-28, 2018. He is promoting the Transaqua water project to recharge the shrinking Lake Chad
LR565 The Effects of 500 Years of Slavery and Colonialism on Africa 5-Digit Number: 16290
Tue, 1 p.m. – 3 p.m., 11/6 – 12/18 Location: Conference Center/E-106
Tuition: $50.00 Fee: $114.00 Total: $164.00
MD residents age 60+ pay fee only
This is an interesting and useful article. I have stressed for decades the urgent need to construct both an East-West and a South-North Railroad. A high-speed transport grid that Africa should have completed decades ago, is essential for the well-being and economic growth of Africa. Such a transportation network, integrated with several hundreds megawatts of electrical power, would create an infrastructure platform that would be transformative; producing the conditions for African nations to finally eliminate hunger and disease. These projects are possible now with the expansion China’s New Silk Road, initiated by President Xi Jinping, which has changed the strategic geometry of the world. For example. At the February Abuja conference to ‘Save Lake Chad’ at which I participated, the Head of States endorsed the mega Transaqua project; an inter-basin water transfer proposal to recharge Lake Chad. The Transaqua concept had been in circulation for over thirty years, but with no progress until ChinaPower become involved. As I advised the participants at this conference: now is the time for Africans to think big!
Can China Realize Africa’s Dream of an East-West Transport Link?
The Jamestown Foundation-Publication: China Brief Volume: 18 Issue: 6
African development hinges on a maddening paradox: its greatest asset—the sheer size and diversity of its landscape—is also the greatest barrier to its development. Landlocked countries are cut off from ports, and the difficulty of moving goods from country to country weighs down intra-continental trade (only 15% of African trade is within Africa. (African Development Bank, 2017) African consumers bear the brunt of these difficulties. . Costs are driven up by a host of factors: tariffs, border delays, corruption. But the biggest challenge is that no streamlined transport route exists between West and East Africa – only a decaying and underdeveloped road and rail system which pushes up costs and drags down efficiency.
Several ambitious schemes have been proposed to link Africa’s east and west coasts, some of which are closer to full realization than others. Most notable in this respect is a plan to expand the existing Trans-African Highway 5 (TAH5) into a true cross-continental road and rail link, the early stages of which China has helped bring to fruition where Western consortiums failed. Likewise, Chinese investment in African infrastructure through Beijing’s ambitious Belt and Road Initiative (BRI) may help create expanded sub-regional linkages, particularly in East Africa, that could help facilitate the emergence of an eventual, true East-West link in the long term. However, in the short-to-mid-term, the obstacles to a truly robust set of East-West transport links are formidable, and it is unlikely that China’s involvement will be a panacea.