Thursday, November 14, 2013

The New Economic Hotspot




Statistics estimate the next fifteen years should see a drastic rise of up to 50% ownership in possession by third world countries of the global economy. This is what skeptics have described as a ‘giant leap of faith’ because of the current status of most of these developing states. The projection suggests that it is the current generation of young people who will skyrocket the economy of developing countries such as Africa. 

…The Complacent Generation…

Africa is currently made up of what I define as the ‘complacent generation’. It is characterized by people who have fallen victim to the idea that the continent can survive comfortably on minimum wage. If the target is set so low, will we be able to give our contributions towards realizing this 15 year dream by embracing our position as major stakeholders in the direction of the global economy?
The way I see it, approximately 60% of these miraculous years will have to be invested towards changing Africans negative perceptions towards our continent. Why? Because we have more than enough manpower, raw materials, and produce to export in order to take over a large chunk of the economy in less than five years. All the efforts required in the next fifteen years can be accomplished in ten or less if we united put our best foot forward. 

Kenya and its contribution

It all goes back to the theory of teaching someone to fish as opposed to giving them fish. Kenya for instance has for years depended on the international community to steer her economy, guide her blindly into financial debt and give her strategies on how to raise other nation’s economies whilst trying to do the same with its own. We are led to question just how genuine the intentions of some countries and conglomerates are when they give us financial aid as opposed to mentoring us on how to grow our economy? So who teaches Kenya? Experience and necessity! 

With ICC proceedings and tension building up from a cold war stirring between African nations and other members of the Roman Statute you realize that Mother Nature is always ready to take her place. Kenya has now been forced to be part of a tight pressed economy with constantly rising taxation rate. In a couple of years, even if Simon says jump, Kenya will be able to sit still with its legs crossed. 

The invisible investors

We are the invisible inventors. Invisible in the sense there are those that can see what Africa and Kenya is worth but that we are blind to our own potential. What we need is to inject our intelligence and efforts towards growing our own economy. The economy is by far one of the most tremendous forces in global development that has the potential to revolutionize the world as we know it. With Africa’s spirit and burgeoning cooperative development we have already started our journey towards taking over our piece of the global cake. 

As Cocacola would put it, Africa, its our time.

...Cheusi