A Quote by Andrew Young
My solutions are to include Africa in the global economy, and not African charity, AIDS research, but African infrastructure development. And I think that Africa can import and needs everything the whole world can manufacture. And they have got enough money to pay for it. It's just that the money is in the ground.
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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.
What's so great is that we're making money for AIDS in Africa. There's a lot of love and spontaneity, we're doing something creative. That's what I love about Red. It's not just a charity, "Give us money, give us money." It's being innovative. Like here's a show that you won't see anywhere else and you can come and whatever you pay for your ticket it's going somewhere. You can go and buy a pair of Armani shades, like Bono, but the money goes to Africa. It's quite cool.
Africa's economies are gaining ground and can develop their full potential with the right partner. Siemens wants to support their sustainable development - with solutions and projects in Africa, for Africa.
I started as an engineer. I migrated to philosophy and international politics. And I did my studies about African - Africa democracy and democratization in Africa, taking Kenya as a model. And then, while I was doing so in 1996 in South Africa, Al Jazeera was established. So they requested me to be an analyst on African affairs.
Americans think African writers will write about the exotic, about wildlife, poverty, maybe AIDS. They come to Africa and African books with certain expectations.
I spent my youth and my most formative years in Africa. I left Africa when I was about 20, 21, and when Mo says a great African, I was really moulded by my African experience, although I had the good fortune that by the time I was 24 I had studied and worked on three continents - Africa, the US, and Europe.
Unity will not make us rich, but it can make it difficult for Africa and the African peoples to be disregarded and humiliated. And it will, therefore, increase the effectiveness of the decisions we make and try to implement for our development. My generation led Africa to political freedom. The current generation of leaders and peoples of Africa must pick up the flickering torch of African freedom, refuel it with their enthusiasm and determination, and carry it forward.
We have to move the meter in sports in Africa, especially basketball. With the growth of the NBA globally, we have to figure out more ways to develop facilities, coaching, leagues, and youth development in Africa. The talent is incredible. Especially physically. How do we get the youth to start playing at an early age just like in soccer? The future is bright. We now have an NBA office in Africa, we have legends and Hall of Famers, we have African assistant coaches, front office members, and some prominent African players over the last 10 years. So we must plan well for the next 10.
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?
Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next generation of entrepreneurs have the platform they need to turn their entrepreneurial aspirations into sustainable businesses that will drive economic growth and job creation across Africa.
China has established friendship with many African countries, and is opening itself up to Africa and providing assistance. It is cooperating with African countries on an equal basis and has no desire to colonize Africa.
I think everybody knows that Africa is in a very deep crisis. There is economic misery and social deprivation and that Africa needs help but the question then is how. And also we have to make sure that we don't repeat old mistakes; this help is only short term. It doesn't address Africa's long-term fundamental needs and how to put Africa on the right track to development. What Africa needs to do is to grow, to grow out of debt.
As a matter of fact, the African Union itself estimated that every year corruption alone costs Africa $148 billion. If African leaders could cut that in half, they'll find more money than what Tony Blair is trying to raise for them.
We are different from many African countries. We represent Africa as the gateway and will do everything to make African and Israeli relations mushroom.
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.
There's another point that I wanted to mention here, particularly the engagement and commitment to Africa. For us Europeans, Africa as a neighboring continent is of prime importance. The development of African countries is in our very own vested interest.
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