Image: japantimes.co.jp

In 2000, the Economist magazine boldly announced that Africa is a hopeless continent. Eleven years later, the Economist had to adjust (overturn) their views.

But the Chinese never thought so.

China becomes single largest contributor of Africa’s FDI.

Western media have been saying China’s investment in African countries will lead to their inability to pay off their debts. I think they underestimated the ability of Africans.

Since 2005, China has invested in 293 FDI projects in Africa, totaling an investment outlay of $66.4 billion and creating 130,750 jobs, according to the report.

Africa is a super-continent with 1.2 billion people. Any view can find evidence, good or bad.

Over the years, Western media have always reported bad side. Those pictures make people feel desperate. Think about it, if your teacher always criticizes your shortcomings and ignore your strengths, will you be interested in learning?

If a person can make a living on his own hands, no one wants to be charitable. African countries need not candy, food, money, sympathy. But technology, factories, jobs, business, education, respect and a sustainable way of growth.

Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.

Africans must know that Chinese companies are not doing charitable activities in Africa. Africans need to learn from Chinese and compete with Chinese. And gaining a competitive advantage in international trade.

Africans need to have their entrepreneurs. And a Chinese man, not the country, is trying hard to help us with this.

Founder of Alibaba, Jack Ma, announces support for African entrepreneurs.

On July 21, 2017, Chinese billionaire entrepreneur, Jack Ma, on Friday announced projects to support African entrepreneurs, African young people and efforts of conservation in Africa.

“I will work with UNCTAD to support 200 African entrepreneurs in the next five years,” said Ma.

Ma, also special advisor of UNCTAD also announced that he will work with universities and governments to develop training programmes for African young people on e-commerce and cloud computing.

Author: Yemi Olarinre