Barack Obama: Africa should stop making economicexcuses

US president has told African leaders to look inward for solutions
to the continent's economic problems instead of making "excuses"
based on a history of dependence and colonisation.
Barack Obama, who was speaking to 500 young Africans finishing
a six-week Washington leadership fellowship, will host the Africa
leaders summit in Washington next week. He said while it was
important for developed countries to consider providing targeted
debt relief, it was time to end the notion that all of Africa's
problems resulted from "onerous debt imposed by the west".
"At some point, we have to stop looking somewhere else for
solutions, and you have to start looking for solutions internally,"
Obama said. "And as powerful as history is, and you need to know
that history, at some point, you have to look to the future and say,
'OK, we didn't get a good deal then, but let's make sure that we're
not making excuses for not going forward.'"
Obama's remarks amounted to a rejection of comments last
month from the president of Equatorial Guinea, Teodoro Obiang
Nguema Mbasogo, who said western neocolonial domination of
Africa had impeded development. At a summit of the 54-nation
African Union, Mbasogo also blasted what he said were
excessively low exchange rates, problems with the pricing of
natural resources, and western-imposed barriers to international
trade.
Obama said there was not a single country in Africa that could not
make better use of its resources. "There are a lot of countries that
are generating a lot of income, have a lot of natural resources, but
are not putting that money back into villages to educate children,"
he said. "There are a lot of countries where the leaders have a lot
of resources, but the money is not going back to provide health
clinics for young mothers."
The summit will convene economic and political leaders from
across Africa to discuss the continent's development and the US's
role in partnership and investment. The three-day conference will
start on Monday.

He is right

it's high time somebody tell dem.

That s right tin

Barack obama is on point.

this is so so true. we have leaders like mentioned above in our backyard

my country man is a victim

Africa's biggest nightmare is corruption.

princeamabebe wrote:

Africa's biggest nightmare is corruption.

Gbam!

From their instead of implementing what they discussed they will demand colossal sum of money as allowances

Abi o

Obama is right there will be a time when naija will be at war then the rich will not escape out of naija to elsewhere!!!

Na so