A Quote by George Ayittey
There's a belief that since Africa got a raw deal from the colonial West, then the Chinese must be Africa's best friend. But the evidence doesn't show that, and the main criticism is that they are building infrastructure in exchange for Africa's resources in deals that are structured to favor China.
Related Quotes
When I was in government, the South African economy was growing at 4.5% - 5%. But then came the global financial crisis of 2008/2009, and so the global economy shrunk. That hit South Africa very hard, because then the export markets shrunk, and that includes China, which has become one of the main trade partners with South Africa. Also, the slowdown in the Chinese economy affected South Africa. The result was that during that whole period, South Africa lost something like a million jobs because of external factors.
I'm extremely positive about investment in Africa. Africa has a wonderful climate, wonderful people, and amazing possibilities. Africa has been called dark and hopeless, but today it is neither of these. Africa is awakening. It's a huge market of almost a billion people with huge resources and a young population. It's the best place to invest.
I LOVE Africa in general, South Africa and West Africa. They are both great countries.
I love Africa in general South Africa and West Africa, they are both great countries.
As African economies boom and businesses are created, one of the big questions this growth raises is that of third-level education: how can Africa develop a knowledge infrastructure to rival that of the west, a sort of Harvard University in Africa?
It is my firm belief that action on the issues that matter for Africa must emerge from within Africa itself.
The wheel of progress revolves relentlessly and all the nations of the world take their turn at the field-glass of human destiny. Africa will not retreat! Africa will not compromise! Africa will not relent! Africa will not equivocate! And she will be heard! Remember Africa!
And now South Africa has finally woken up and it is doing great things. And if South Africa becomes the template to what AIDS is in the sub-Saharan continent, then all the other countries are going to follow suit. And Michel Sidibe, who spoke at the breakfast meeting this morning, was saying that there is so much hope for Africa now that South Africa has got its house in order.
Europe is not one of the major powers. And Africa even less so of course. But Africa has what Europe lacks: space, human resources, and natural resources while Europe has the technological innovation that Africa lacks. Together we can become a power which can count in the future.
I am on my way to Ghana tomorrow morning and you just need to know that this Administration is very focused on doing all we can to promote economic development in this part of the world, in Africa, throughout Africa, North Africa and sub-Saharan Africa.
In Asia, the nation state still is extremely vital, and of course, then in Africa, a whole new pattern is emerging because the states in Africa reflected the preferences of the colonial powers when they were established.
Nigeria is the most populous country in Africa. If Nigeria succeeds at democratic governance it will be an anchor for all of West Africa. Africa needs a strong Nigeria.
China-Africa relationship has a long history and is full of vitality. Since the 1950s and 1960s, our common historical experiences have brought China and Africa together, and we have forged deep friendship in our joint struggle during which we have supported each other in times of difficulty.
In Africa, you only have an independent media in only eight African countries, so there is very little transparency. The best gift that rich countries can give Africa is Radio Free Africa and Radio Free Africa will do for Africa what Radio Free Europe did for Europe.
I feel like it's not Africans who are afraid of China's rise in Africa. It's the West that's afraid of China's rise in Africa.
United States has always been very close to Africa and it's very sad now to see that Africa has a lot more friends - a lot more engagements with the Chinese, with the Indians, with the Brazilians as the United States retreats. Actually, Africa is a wonderful place to do business and American business is missing a big opportunity by really overlooking Africa.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist