Page 27 - Msingi Afrika Magazine Issue 21
P. 27

Economy











































          The Grand Inga Dam, Democratic Republic of Congo.



          to be exchanged at every corner of   2063 will fail because of a lack of   to create a trillion dollars within a
          Afrika. They will accept because of   finances. It’s a question of time and   decade after we have built these in-
          their comparative advantage. If you   we’re in trouble we just have to act   frastructures with continental taxes.
          have flowers in Kenya, you have    because we will be having 3 billion
          got bananas in Uganda, you have    people in the next 30 years ahead so   I agree that the resources that
          got beans in Burundi, you have got   we don’t have a choice here, it’s an   Afrika needs are actually in the
          potatoes in Rwanda, obviously you   emergency. That’s why our organiza-  hands of  Afrikans or in the land
          want the market. You want this to   tion is calling all Pan-Afrikanists and   of  Afrika and I do know that we
          reach Gabon in less than one hour,   Afrikan people that every African   have much more than we are
          you want this to reach Ethiopia in   Union General Assembly we go     saying. As you have described it,
          less than one day, you want this to   there and impose this idea of cre-  we have enough capacity to feed
          reach South Afrika in less than two   ating our own finances and then we   ourselves, to look after ourselves,
          days but now it takes weeks.       will be able to create these continen-  if  we actually focus on ourselves.
          Even this trade agreement that we   tal infrastructures and electrify our   I am still uncomfortable with the
          signed cannot be successful without   capital cities as early as possible.   idea of  a tax, maybe we don’t call
          this integrated high-speed railway                                    it a tax and maybe we don’t look
          looking at the size of this continent.   It is not that we just want to devel-  at it as a tax but we look at it the
          It is the same as having Congo     op; it is a problem at our door we   way Afrikan communities would
          DRC, their provinces are far enough   have to act and no one will help   do it, it is a pool of  resources,
          from each other and they don’t     us we have seen it with Covid 19,   a communal fund for Afrika’s
          share their goods with each other,   the way they collected money for   growth, an Afrika growth fund
          there is no barrier there. They don’t   their own for Covid 19 we must   that people would contribute
          share these goods because there is a   do it ourselves we must collect our   to voluntarily. But there would
          lack of infrastructure. We are happy   money. We have enough money to   have to be a lot of  transparency
          that we have got this trade agree-  have IMF and World Bank assets    around how it is collected and
          ment but it will fail and this Agenda   combined ourselves. We are able   how it is being spent. How do




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