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Creative Thinking

Andy Khumbanyiwa at African Path writes:

African economies in general export raw materials to the international markets. These include coffee, tea, cocoa, cotton, unprocessed minerals and crude oil among many others. The importing countries, mainly in Europe, America, India and China invest in a wide variety of processing facilities. Such processing facilities create millions of jobs. In turn finished products from such industries are exported back to Africa at exorbitant prices. The heavy consumption of imported goods and services coupled with our reluctance to innovate, add-value and export processed products robs us of jobs and wealth. It is evident that if we continue on this developmental route we will remain poor. If we do not change we will spiral deeper into the abyss of extreme poverty.

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