On Africa Moving From A consuming Continent to a Producing Continent


If you look at most of the goods being consumed in Africa recently, you will discover that they are either made in India or China and the ones being consumed by wealthy Africans are either imported from America or Europe. There are just a handful of countries in Africa that actually produce and export goods. This is a sad position given that Africa supplies the world with a significant amount of raw materials for producing goods. So the question now is why does Africa like to consume more as opposed to producing?