Africa has Exponential problems
Vusi Thembekwayo
Global Speaker. Economic Futures Strategist. 2x Best-Selling Author. Award Winning Entrepreneur & Investor (Managing Partner) at MyGrowthFund Venture Partners
Africa has exponential problems. African leaders & governments think in linearity. This is why I wrote #TheMagnaCartaOfExponentiality published by IC Knowledge Bureau.
Problem 1: How do you deliver access to healthcare, education & financial services to the mass of the population without the infrastructure lag associated with developing an economy & modernizing a society?
Problem 2: How do we ensure that African capital develops Africans economies & is not externalised through corruption & illicit flow of funds?
Problem 3: How do you convince the global West & emerging East that Africa is not a donor-par-debt society but rather a capable & competent partner to the global agenda?
Our biggest challenge has been the collusion of the Western system of economics with the short-term self-obsessed demeanour of many African leaders. Few leaders have thought & developed projects that will outlive them & leave a legacy of pride and self-determination. Rather the focus has been on short to medium term infrastructure that unlocks large amounts of CAPEX and allows for large sums of “facilitation fees”.
So the lack of education, access to Financial Services and healthcare has aided the short term-ism that ails many of our countries. Yes. Africa may be rising... but the deeper more meaningful question is “Are AfricaNS rising?”
Managing director at long road adventures, Public speaker, life communications coach
6 年If you ignore the dirt there will be no fruits. African governments, leaders, business men and women and more importantly the youth need to start at atom level. By that I mean at family level. I don't mean think small I simply mean. How many governments have changed the contents of the education system that was handed to them by the oppressors, how many business men and women host entrepreneural workshop pro Bono in rural areas or how many have started universities that focus on one discipline e.g Kamau Mburu medical university. Mr Vusi I admire your work but I argue no one will give Africa the tools or knowledge that Africa seeks because it would mean that Africa will be a economic threat to the world. We must build from within and you are doing a great job at that sir. God's speed to you. Africans aren't raising because MOST of those who have made it haven't uplifted their communities. A deliberate attempt to create a economical womb that will benefit Africans in both developed and rural areas has to be incubated by people of color. Devolution of proper education needs to be on the minds of every head of state and on every business person.
Building Enclosure is our specialization.
6 年Well said Vusi