Trading And Investing In & Out Africa

ISSUE 125 - VOL 2
January 15 - April 14, 2012

Dr. Bienvenu-Magloire Quenum
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The Challenge Faced by African Nations Following 2011's Libya Invasion

By Dr. Bienvenu-Magloire Quenum

To fully understand the motivation behind Nato's onslaught on Libya from Mars to November 2011, one has to refer to a book written in 1920, The Rising Tide of Color against White World Supremacy, by Dr. Lothrop Stoddard, warning the “white” world of the coming powerful development of the non-”white” world, and of the “white” world’s coming loss of rank.

Dr. Lothrop Stoddard was just following in the steps of the white-race ethnocentric scholars, who, starting from the early seventeenth century, carved out the "white" supremacy doctrine, to justify the conquest by the Europeans of other countries a continent away - in Africa, Asia, and the Americas.

To sum up, Dr. Lothrop Stoddard's book advised the European elites and governments, to act vigilantly to impede the economic rise of non-"white" nations, in order to avoid the inevitable decline of white people nations, as these do not have enough energy and natural resources, while the formers are plentifully endowed.

That doctrine of white-supremacy at all costs, based on the fear that the rise to better living standard of non-"white" people of the world would be a threat to the white supremacy, is the backdrop to the strategy implemented by the European elites all over territories they invaded and conquered, politically and economically enslaved - in Africa, Asia, and the Americas.

That doctrine based on the fear of the "Others," is a pure absurdity - as we know that Mother Nature is there to provide for all of her children, in complementary exchanges of talent, natural resources, and developing opportunities, leading to mutual accomplishment for better life for everyone on Earth.

In his must have book, How Europe Underdeveloped Africa, Walter Rodney explained and exposed the innumerable sharp practices and tricks used by the European elites, to make sure that Africa remains a permanent client to Europe.

They, the European elites, astutely implemented the recommendations made by Dr. Stoddard, and relentlessly through well devised political and economic measures, supported by cooked legal binding international decisions, manipulated Africa to remain a provider of raw materials to Europe, importing manufactured goods from Europe - at exchange rates detrimental to Africa.

All this done with the aim of impeding and or hampering the accumulation of capital and finance by African nations; to slow down the developing process. Click here to read the review of Walter Rodney's book by Africabiz Online.

- The Main Motive Behind the War On Libya Is to Stop/Hinder the Developing of Africa

Having all above discussed in mind, let us now revisit the question raised at the beginning of this article about the reason why Nato's member-states organized the onslaught on Libya, destroying infrastructure, schools, hospitals, university-compounds, civil buildings, water system and electric grids - as confirmed by the Permanent Representative of the Russian Federation, on October 4, 2011 during the Security Council discussion about the current crisis in Syria.

The question above raised had been partially answered in this previous issue and reads as follows

"Simply put, Nato's member-nations are trying to steer back Libya Central Bank into the mainstream financial structure, under the watching eyes of the World Bank and the International Monetary Fund, to provide (reconstruction) funds to Libya with hefty interests payments - and transform a country which was free of debts (for four decades running) into a heavily indebted country - as done everywhere else in sub-Saharan African countries.

However, after further analysis, taking into account the three facts below outlined, one can asserts that there is more at stake than what is above outlined. It is not only about Central Bank's and oil exploitation's control:

1 - The global financial turmoil in the United States of America and in Europe, that officially started in 2008 [a, b, c, d, e, f, g], and is still ongoing, which experts and pundits think is there to last for at least one decade or two.

2 - The systematic targeting and killing of Black Libyan citizens (Libyan Tuareg & Toubous) during the onslaught, on the false pretence that they are mercenaries from Sub-Saharan African countries, recruited by the Jamahiriya Regime.

3 - The extraordinary economic (and diplomatic) inroad made by China into Africa, exchanging developing projects against stakes in the development of natural resources - giving African countries a vital opportunity not to surrender to "There Is No Alternative," (T.I.N.A) concept developed by western countries.

Now let us analyze each point above outlined.

- The Ongoing Economic Crisis

When one reads and listens to western countries's mainstream media, the broadcast is that the economic crisis is global, meaning the whole world is in crisis. However, a review of the Baltic Dry Index, and information provided by confidential newsletters, pictures another landscape. [The Baltic Dry Index (BDI) is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index tracks worldwide international shipping prices of various dry bulk cargoes.]

Indeed, the tracking of worldwide international shipping prices of various dry bulk cargo reveals that huge cargo of manufactured goods of all kinds - from Asian countries - are disembarked at United States's harbors, and go back almost empty heading to Japan, China, Malaysia, Taiwan, and India. Etc.

In short, the BDI index measures the demand for shipping capacity versus the supply of dry bulk carriers. The demand for shipping varies with the amount of cargo that is being traded or moved in various markets (supply and demand).

The analysis of BDI's figures assists accessing the global developing growth of the nations of the world, leading to the conclusion the world at large compared to the western nations is currently (2010's figures) growing at the average rate of seven percent a year - against .5% - 1% for Europe and the United States of America.

This is not the place to further explain how these developing growth rates are accessed and calculated. Let us just indicate that a country like Qatar is growing at the average astounding rate of 25% a year over past 5 years; the City State of Singapore experiencing an average growth of 8% over past 10 years; the same for China. To name the few.

So, the economic crisis is centered in the western part of the world. It is not global. The evidence is there for everyone to see and feel, who wish to go beyond western mainstream media's broadcast. And a trip to the East, to Qatar, Singapore, Malaysia, and Shanghai in China for example, coming from Europe or the United States, is a revelation of the booming economy existing in these countries!

Hence the mounting fear amongst the elites of Nato member-states, Europe and the United States of America, to losing world (financial) power they enjoyed over quite five centuries to the non-"white" people of the East - as predicted in, The Rising Tide of Color against White World Supremacy, by Dr. Lothrop Stoddard.

The African continent being next door to Europe, and being under Europe tutelage for the past five centuries, the European elites and their counterparts in the United States of America consider that Africa is a "chasse gardée" - a private hunting territory. They cannot imagine the continent breaking free from western countries's political and economic dominance.

Then come Gaddafi, who not only managed to steer Libya free from the clutches of Neo-Liberalism and Globalization, but started maneuvering (since the mid 1980's) to boost the economic development of Africa as here exposed.

Syrte in Libya destroyed by NatoIndeed, Gaddafi was planning to assist the black continent reaching financial independence through the setup of:

(1) An African Monetary Funds, with an initial equity level of US$42billions - to be established in Yaounde, Cameroon;

(2) An African Investment Bank, with headquarters in Syrte, Libya (which explains why Syrte had been destroyed to rubbles as per image at the left side of this paragraph); and finally

(3) The African Central/ Reserve Bank, with headquarters in Abudja, Nigeria.

That was too much for the white supremacists who decided it was time to get rid of Gaddafi. During year 2010, the PsyOps agencies in Washington DC, London, Paris, Brussels and Berlin accelerated plans to topple Gaddafi's Jamahiriya regime.

They succeeded, beginning of 2011, rounding up a ragtag of so-called rebels groups, that started the civil unrest in Libya from the city of Benghazi.

- The Targeting and Assassination of Black Libyans (Tuaregs & Toubous)

At first glance, the targeting and assassination spree of Libyans of black skin - labeled mercenaries by the rebels and western mainstream media, looks like pure mad racism turned ugly. Black skin Libyans had been dragged from their cars in Tripoli and executed.

However, that was not simple racism. It was a deliberate murderous policy in line with the “Divide and rule” strategy used by the supremacists to conquer and plunder. It was meant to saw the seeds of ethnic conflicts among white and non-white Libyans, with the hope to split the North of Libya from the South, and complicate the rising and build up of the Resistance to the invasion.

It was "Divide and Rule" played to murderous perfection - quoting Felicity Arbuthnot about a similar situation in Iraq.

- The Extraordinary Economic and Diplomatic Inroad Made by China in Africa

China Direct Investment in AfricaFrom 1980's onwards, sub-Saharan African nations had been submitted to drastic economic reforms in the same line as the one currently imposed to Greece. The famous Structural Adjustment program. Privatization of state's run companies was the rule. Drastic cut of social security (welfare) funds. Layout of workers. Etc. No way to escape.

There is No Alternative (T.I.N.A.) the African nations were told by the World Bank, and the International Monetary Fund (IMF). Either you do as told or you stay underdeveloped. Western nations will not assist if you choose not to obey the injunction. And you have to promote democracy the way that suits us; and you have to practice good governance. And so on.

Then, from the mid-1990's, China steps in proposing financing infrastructure and developing projects against stakes in the development of mines and other natural resources. Without imposing anything. (At the left part of this paragraph is a Map of China direct Investment in Africa - Courtesy of Unctad)

Suddenly, the sponsors of T.I.N.A. started touring African countries, proposing to assist, and trying to stop China. to no avail. China-Africa trade is growing larger and larger. Click here for more.

So you see, taking into account above discussion that the main aim of Nato's onslaught to destroying Libya is not only for the control of Libya's oil fields, oil production and distribution. It is rather a long term strategy to cut Libya from Africa, and impede the implementation of the plan laid out by Gaddafi for the economic and political freedom of the black continent as here briefly exposed.

For sure, Nato PLAN-A succeeded establishing chaos in the country, disrupting food and water supply and implementing regime change. To be followed by PLAN-B - assist the rebels to re-establish order and provide loans for

However, it seems that things are not evolving as planned. If PLAN-A was fairly successful, PLAN-B seems to have serious hiccups. At the current date of writing (January 15, 2012) there is not yet a government run by the rebels. And there is a head of the new army - but without the Army! Rebels groups from Missareta and other Libyan cities are fighting each other. Frequent gunfire erupt, day and night in Tripoli. Etc.

The Libyans did not see the vultures coming to raid the country. They thought it impossible that such a calamity would be occurring in the 21rst century!

It is only now, after the country had been devastated, that they are regrouping to stage a Resistance to the invasion.

It would be a long battle, as Nato is determined to tightening the grip on the country. For instance, oil rigs are under special forces surveillance.

However, even if it would be a harsh and long battle for the Resistance, winning hope is on the side of the people of Libya, who had experienced prosperity under the Jamahiriya regime, and will not, doubtless, stand for less. And the geopolitics linked to the pending collapse of the existing predatory financial system, is an asset for the Resistance.

Nato and the rebels have to deliver fast or they will be facing a growing stiff resistance. The near future of one to two years from the current date of writing this text would tell. Let us wait and see!

- The Challenge Faced by African Nations

The Libyan crisis, the onslaught of Nato's member-states against an African sovereign country, had at last opened the eyes of those utterly blind not to see the evidence that Europe/ G8 Will Never Deliver. Now African rulers know what is at stake.

Indeed, the Libya crisis revealed to Africans who were in the dark (so to speak) what Gaddafi was planning for the financial and economic independence of the continent. Now Africans know that the battle for the economic (and political) independence had really started. They have the Opportunity to Break Free.

Key African resources by country

1-Diamonds: Botswana 35%; Congo 34%; South Africa 17%; Angola, 8%.
2-Gold: South Africa 56%; Ghana, 13%; Tanzania, 10%; and Mali, 8%.
3-Platinum/Palladium:[79] South Africa 97%/96%.
4-Cobalt: DR Congo 83%, Zambia 14%. Uranium: Namibia 46%; Niger 44%; South Africa less than 10%.
5-Bauxite (for Aluminum): Guinea 95%; Ghana 5%.
6-Aluminum: South Africa 48%;
Mozambique 32%; Egypt 14%.
7-Steel: South Africa 54%; Egypt 32%;
Libya 7%; Algeria 6%.
8-Copper (mine/refined): Zambia 65%/77%; South Africa 15%/19%; Congo 13%/0%; Egypt 0%/3%.
9-Coal: South Africa 99%.

Africabiz online dedicated a series [a, b, c, d, e, f, g] to the financial crisis. In Eyes Wide Opened. Lessons From the Financial Crisis, it is exposed why African nations should not surrender to T.I.N.A., and stop implementing forceful privatization of state owned companies, at ridicule bargaining prices, to the North elites predators.

In the series about The End of an Era, the Collapse of a Predatory Financial System [d, e, f] Africabiz Online exposed why the setup of a new financial system is necessary - to replace the predatory one in place since ages - run by the white supremacists.

Under the apparent current status quo, nations of the world are feverishly organizing themselves to put an end to the existing predatory financial system.

This year 2012 is the year that sees the end of a 200,000-year cycle, leading to true changes in all walks of life as we know it.

Everything as we know it now would be rebooted - the economy, politics, the financial system, the way of thinking the developing of the humanity, and the inter-relations between the peoples of the world would change! It is happening now. The awakening from thousand of years of slumber is happening.

The current existing inharmonious world of endless wars, and permanent poverty would start fading out to leave place to harmonious changes. Yes, 2012's spring would be a promising period for the beginning of tremendous changes that would continue till the end of the year.

"May you live in interesting times", say the Chinese. We are now living in interesting times witnessing astounding changes unfolding! For more listen to Susan Joy Rennison

All above discussed, in the metaphysical field, just to say that year 2012, would hopefully see the overturn of the current existing predatory financial system. The supremacists, from all the peoples of the world (they are not only from white people) are fighting a rearguard battle that they cannot win!

Would the new system be based on a global single currency? Certainly not. Countries like China, Japan, and Russia, in particular, will not accept a single global currency. So, it is likely that national and regional currencies will continue to exist, backed by real assets such as Gold - and other natural resources.

That is where African nations have good trump cards to play. They are endowed with huge natural resources as exposed on the yellow colored table above outlined, which does not list oil production. That production represents about 12% of the world output.

Approximately one half of that is produced in north Africa, which has preferential trade agreements with Europe. The sub-Saharan oil producers rank as follows: 1- Nigeria; 2-Angola; 3-Sudan; 4-Equatorial Guinea; 5-Congo-Brazzavile; 6- Chad. And other minor producers. [Source]

As said, all these natural resources represent tremendous assets for the African nations to setup (1) An African Monetary Funds; (2) An African Investment Bank (3) The African Central/ Reserve Bank, to back up African national and regional currencies, to bringing Gadaffi's dream to reality, and checkmate the supremacists.

To follow live the evolution of the Resistance fight in Libya, click here and click here

About the author: Dr. Bienvenu-Magloire Quenum is the principal/ managing director of Dr. Quenum & Associates, IBC; an experienced Investment & Business Planner with 30 years consulting practice in African countries; author of Africans, Stop Being Poor! and the editor in chief of Africabiz Online

1- Libya: From Colony to Independence
by Ronald Bruce St. John
2- Libya Since Independence
Oil and State Building
by Dirk J. Vandewalle
3- Seeking Gaddafi
by Daniel Kawczyinsky
4- Libya's Qaddafi:
The Politics of Contradiction
by Mansour El-Kikhia
5- Libya
The Political Economy of Oil
by Judith Gurney

6- Libya: Continuity and Change
by Ronald Bruce St. John (April 2011)
7- 2011 Complete Guide to Libya
Government, Politics, Military, Human Rights
by the US government & the CIA
8- Libya: The Lost Cities of Roman Empire
by Antonio Divita, Ginette Divita-Evrard, Lidiano Bacchielli and Robert Polidori (Feb 1999)
9- The Making of Modern Libya
by Ali Abdullatif Ahmida (Aug 1, 2000)
10- Democracy at Gun Point?
by Dr. B.M Quenum, Article, April 2011
11- So, It Was All About Regime Change
by Dr. B.M. Quenum, October 2011

"CONTRIBUTOR'S GUIDELINES" are available here. We invite you to contribute to AFRICABIZ ONLINE MONTHLY ISSUE - with articles related to "How Africa Could Bridge The Developing Gap".

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Many thanks for subscribing to Africabiz. See you here on April 15, 2012

  Dr. B.M. Quenum
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Business Opportunities


A decade ago Africabiz Online dedicated a series to tropical fruits as per following links: [34, 35, 36, 37, 38, 39, 40, 42, 43, 44, 45, 46] - the last five listed concerning pineapple.

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