Economic Plunder-ism of Africa

While locally aided foreign plunder of Africa’s natural resources is done in and for the service of foreign interests – economic and otherwise; African colonialists, i.e, those with – and who control – political power and state machinery, who otherwise act as “political gatekeepers and agents” to foreign interests in Africa, facilitate and participate in the plunder to the great detriment of their own economies.

Put plainly, they happily facilitate and participate in the destruction of Africa and their own economies.

While African “political gatekeepers and agents” to foreign interests in Africa are immensely rewarded for their facilitation and participation in the foreign plunder of African natural resources and their own economies; they not only spend their monetary rewards in [the same] foreign economies, but also hoard their monetary rewards in foreign bank accounts, hence further benefiting foreign economies at the great expense and deprivation of their own economies.

While locally aided foreign forces plunder African resources for the benefit of their countries and economies; the African so-called political elite – “political gatekeepers and agents” to foreign interests – and some of their business cohort, usually their business fronts, on the other hand loot their national resources out of their countries and economies and hoard their loot in foreign economies. They buy obscenely expensive- and certainly expansive – high-end properties they rarely or will never use, in foreign economies, flooding such economies with free money.

The African so-called political elite loots their national wealth out of their countries into foreign economies, to benefit foreign economies. While foreign focus and interest in Africa, on the other hand, is motivated by the systematic plunder of African resources to benefit their respective foreign economies.

The African so-called political elite and their business cohort loot their national wealth (resources), facilitate and participate in the foreign plunder of African resources, to be rewarded to buy into investments in foreign economies; not their own African national economies. The African so-called political elite and their business cohort loot their national wealth (resources) to buy foreign luxuries. They hoard foreign consumer luxury goods such as fleets of ridiculously expensive vehicles and all manner of other expensive accessories.

The African so-called political elite and their business cohort do and engage in this kind of national robbery while majority of the people are left to starve and deprived of essential needs – and to bear the brunt as victims of the looting of their national wealth.

Strangely, however, the same African so-called political elite, run with a begging cup in hand, to the same foreign economies and their institutions to beg for “development aid“. Even when and where such “aid” is granted; it’s immediately stolen and diverted by the same group into their foreign bank accounts as recently demonstrated in a World Bank Policy Research Paper: Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts.

documents1.worldbank.org/curated/en/493201582052636710/pdf/Elite-Capture-of-Foreign-Aid-Evidence-from-Offshore-Bank-Accounts.pdf…

Even strange, they fervently complain about “neo-colonialism” in Africa and foreign interference in their national affairs.

It’s strange to have some African heads-of-State as among or the top richest people in their countries and in world ranking of the richest – multimillionaires and billionaires – while a disproportionate majority of the[ir] people live in dehumanising poverty.

Since so-called [political] “independence” in Africa, many countries have since had and been in the control of a plundering, thieving political elite that behaves and lives like an invading foreign force. They behave as if their primary purpose and goal is to loot their national wealth to the hilt.

Many so-called “independent” African countries have had and been controlled by a political gang who come to power from an economically impoverished background, sometimes through violent means such as war and conflicts, with no known valued assets to their names, but a few years in power, they are multimillionaires with substantial wealth.

Many, certainly not all, so-called post-independence African countries have had heads-of-state who come to power from an economically impoverished background, with nothing in personal wealth terms to their name, but a few years in power, they are multimillionaires or billionaires.

So-called post-independence African countries have continually had; and the trend does not appear to change anytime soon, heads-of-state who are among or the top richest people in their countries, and feature in world rankings of the world’s richest and wealthiest people.

Examples abound, but it goes without mentioning Mobutu Sese Seko, who was once president of, arguably, Africa’s naturally richest country, who had billions of US dollars stacked in foreign bank accounts and owned obscenely expensive properties in Europe.

https://briefly.co.za/60349-who-richest-president-africa.html

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