Quote:
Originally Posted by deliriumtremens
Prior to colonization, African's were never anywhere near as wealthy as they were during European rule. When the white powers left, African economies collapsed.
The longer a African country has been independent, the more problems it has. Haiti had been independent for 200 years.
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You are suffering from a very deep form of inferiority complex, and I feel sorry for you.
The availability of the Internet means that no one has any excuse for ignorance about simple facts on world economies, and history. Peddling falsehoods simple because you are a victim of ignorance fostered by biased western media is completely inexcusable.
Angola, pure madness ... and they're lovin' it
After many years of civil war, this country has one of the highest growth rates in the world. The most pessimistic forecasts saw a GDP increase of a maddening 30% in 2007!!! Oil revenues doubled in 2005. In 2006 they created over 350,000 new jobs.
This means that the economy is doubling every three/four years. Previous years growth include 2006: 18.6%. The 2008 rate has been revised to a "miserable" 24% (click
here).
Income per capita is growing from $1900 to $2400 between 2007 and 2008. Kenya: $1100.
Botswana
From wikipedia: -
"Since independence, Botswana has had one of the fastest growth rates in per capita income in the world.[1] Botswana has transformed itself from one of the poorest countries in the world to a middle-income country with a per capita GDP of $14,700 in 2007.[2]
Economic growth averaged over 9% per year from 1966 to 1999. The government has maintained a sound fiscal policy, despite consecutive budget deficits in 2002 and 2003, and a negligible level of foreign debt. It earned the highest sovereign credit rating in Africa and has stockpiled foreign exchange reserves (over $7 billion in 2005/2006) amounting to almost two and a half years of current imports. Botswana's impressive economic record has been built on the foundation of wisely using revenue generated from diamond mining to fuel economic development through prudent fiscal policies and a cautious foreign policy."
Income per capita, $5900.
Gabon
"Gabon is more prosperous than most nearby countries, with a per capita income of four times the average for Sub-Saharan Africa." This figure is about
US$5000 (compare to Kenya's $1100, ha ha hah, and we imagine that we are Africa's shining light, ha ha haa).
Equitorial Guinea
This country expects a GDP per capita of US$ 50,200. It is currently at $44,100 (
CIA factbook). This would skyrocket it above the USA, all Arab kingdoms, etc, to a position of Number 3 richest country in the world behind Bermuda and Luxembourg.