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6 Ways Africa Is Being Exploited by Europeans and Asian Neo-Colonists

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Asymmetric Trade

Trade between China and Africa was worth more than $200 billion last year, 20 times what it was in 2000. Many Africans say that China is a better partner than Europe or the U.S. However, China’s extraction of billions of dollars in African resources, which are used to make the manufactured goods that are then sold back to Africans at a marked-up price, is the essence of European colonialism. This results in the same outcome where the value and money from the natural resources go to the West and East Asia rather than Africa, further causing poverty on the continent.

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14 thoughts on “6 Ways Africa Is Being Exploited by Europeans and Asian Neo-Colonists

  1. This is information we need to know, but it is heart breaking knowing this.. African people suffering, and these Europeans, and orientals are stealing our people's resources, as they suffer like no other. We see Europeans taking, and taking from Africa, they took the people used us as slaves, and since coming to Africa, they have continued to steal and take nonstop. Paying France colonial taxes, France says, those payments are for any and all improvements they made in the countries while colonized. First of all colonization is a crime, so how are they going to make you pay so called taxes on your country they had colonized? Europeans use the word colonization to glorify themselves. They went all over the world and colonized practically every country on the planet, the only ones they did not colonize they did not have anything for them to take. The same scenario happening today happened when they were taking us out of Africa to be used as slaves, came in and overpowered the leaders with their weapons of mass destruction. The the few black leaders who stand up to them, they want us to believe they are dictators, and murderers of their people, like they do President Robert Mugabe of Zimbabwe. I don't have an inkling how we are going to get out of this mess, brothers and sisters, ladies and gentlemen. Our rich continent the creator gave to us, and these foreigners taking our stuff.

  2. Jay Contreras says:

    I agree the IMF & world criminal banker cartels have picked up right where the slave traffickers left off. BUT this is ultimately on us. Like ANY BULLY, as long as a predator smells fear, he's going to continue to come back for more. Until AFRICA realizes that without it's resources, there would BE NO WEST nor western economies and at the very least MAKE THEM PAY for the privilege of taking finite natural resources that cannot be replaced–then the vultures will continue to do what they have been doing for millenia now. They don't know how to do anything else. They are like a low level street pimp who is NOT going to get a legit desk job while they can pimp that naive, self-loathing, lacking self-esteem young black girl. It's up to that girl to decide that SHE's TIRED of being pimped and deserves more.

  3. The tragedy is that the PSYCHOLOGICAL IMPACT of the African on the Continent and ABROAD is how We fail to UNITE as one, and do as the Chinese are DOING as I write– stand for something –or FALL FOR ANYTHING-stop the GO ALONG-TO GET ALONG behavior. Folk posting the African Billionaire this and that. The African American Billionaire this and that-well it seems to me that those who have the financial means, do not have the WHEREWITHAL to control INTERNATIONAL WEALTH. It appears to me-as long as they are able to posture amongst the less fortunate, and shoe shuffle, and skin and grin amongst those who OPPRESSED THEIR FOREFATHERS and FOREMOTHERS they are satisfied with their N-Word Nickels. The Africans Abroad haven't MATRICULATED to a MINDSET of Controlling the Natural Resources that are essential to the SURVIVAL of a RACE of people. Such as, FOOD, HOUSING, and FINANCES..

  4. Enejoh Obaje says:

    What a poor university student Rommy Adigun.

  5. R.j. Colbert says:

    Ok, Rommy Adigun maybe you should capture yourself.

  6. Rommy Adigun says:

    prove me wrong brilliant student, blacks dat cant talk true, unreliable ppl even their pastors and leaders are scammers, blacks always pray for miracle expecting God to do their work for them to construct their roads and take them out of poverty, meanwhile God made them with legs, eyes and so healthy with largest mineral resources on earth but still waiting & wasting their time on miracle. Where were these you blacks when whites made cars, planes, ships, computers. trains, trams etc? Did whites steal all the components from blacks or all the components av disappeared? Will you ppl stop blaming and think of something to upgrade urselves.? Africa, Haiti, Caribbean, Jamaica and all where we av blacks must av one problem or d other, name it and prove me wrong now. They av plenty of lands but hunger still remain in their midst, they av oceans and seas around them but still import fish to eat, they av cotton, rubbers but still cant produce quality wears, they prefer eating their hides and skins to using it for production and still blame whites for thinking and making smtn tangible out of it. Blacks are wicked, lazy and ingrates, that's why they're backward.

  7. Rommy Adigun says:

    prove me wrong, blacks dat cant talk true, unreliable ppl even their pastors and leaders are scammers, blacks always pray for miracle expecting God to do their work for them to construct their roads and take them out of poverty, meanwhile God made them with legs, eyes and so healthy with largest mineral resources on earth but still waiting & wasting their time on miracle. Where were these you blacks when whites made cars, planes, ships, computers. trains, trams etc? Did whites steal all the components from blacks or all the components av disappeared? Will you ppl stop blaming and think of something to upgrade urselves.? Africa, Haiti, Caribbean, Jamaica and all where we av blacks must av one problem or d other, name it and prove me wrong now. They av plenty of lands but hunger still remain in their midst, they av oceans and seas around them but still import fish to eat, they av cotton, rubbers but still cant produce quality wears, they prefer eating their hides and skins to using it for production and still blame whites for thinking and making smtn tangible out of it. Blacks are wicked, lazy and ingrates, that's why they're backward.

  8. Rommy Adigun says:

    See how their leaders live and blacks refuse to hold their leaders responsible for all their problems but now blaming whites: http://www.informationng.com/2014/10/meet-the-richest-african-presidents-2014.html Meet The Richest African Presidents 2014.

    Posted by: Haliwud on October 3, 2014.

    The very rich and populous continent of Africa is the second largest continent in the world. It is also world’s second most populous continent and regarded as the poorest continent.

    There are 47 nations in Africa, led by different leaders who have been ruling for several decades. Some of these leaders and their families are very rich and their wealth are considered ill-gotten.

    They make their wealth from natural resources of these nations through the creation of companies under the names of their families. Here is a brief overview of the richest Presidents in Africa.

    The 9 Richest African Presidents and Kings as of 2014: –

    9) Robert Mugabe – Net Worth: $10 Million.

    Country: Zimbabwe, Years in Power: 26.

    Robert Mugabe is the President of Zimbabwe. His net worth is estimated to be around $10 million. The dictator’s family is very wealthy. Mugabe has won many elections, although frequently these have been criticized by outsiders for violating various electoral procedures.

    Robert Gabriel Mugabe.

    8) Idriss Deby – Net Worth: $50 Million.

    Country: Chad, Years in Power: 23.

    Idriss Deby has been the President of Chad since 1990. His net worth is estimated to be $50 million. Towards the end of August 2006, he made international news after calling for his nation to have 60 percent stake in its output after receiving crumbs from foreign companies running the industry.

    Idriss_Deby

    =6) Goodluck Jonathan – Net Worth: $100 Million.

    Country: Nigeria, Years in Power: 4.

    Goodluck Jonathan is the President of Nigeria. His net worth is estimated to be around $100 million. He launched a “Roadmap for Power Sector Reform”, launched the Youth Enterprise with Innovation in Nigeria and launched the Transformation Agenda. He is a member of the ruling “People Democratic Party”.

    Goodluck Jonathan

    =6) King Mswati III – Net Worth: $100 Million.

    Country: Swaziland, Years in Power: 28.

    The 15th richest royal in the world, according to Forbes Magazine. Mswati III is the King of Swaziland. He is worth more than $100 million; down $100 million of his 2012 ($200 million) fortune. The King has often been criticized for his lavish spending. In 2009 summer, several of his 13 wives reportedly spent over $6 million in a shopping spree. In the 2014 budget, parliament allocated $61 million for the King’s annual household budget, while 63 percent of Swazis live on less than $1.25 per day. His luxury car collection include a $500,000 Daimler Chrysler’s flagship Maybach 62. And has banned the photography of his cars.

    King-Mswati-III-Net-Worth

    5) Paul Biya – Net Worth: $200 Million.

    Country: Cameroon, Years in Power: 31.

    Paul Biya has been the President of Cameroon since November 6 1982. His estimated net worth is around $200 million; this figure was published by the ForeignPolicy.com. Around 48 percent of the citizens of Cameroon live below the poverty line. Catholic Committee against Hunger and for Development (CCFD) and several on-and-offline media has placed him in the list of leaders with ill-gotten wealth. In 2009, French online newspaper, Rue 89, reported the Cameroon President’s vacation was the top most expensive among world leaders. More than that of the American President. He was criticized for spending 30,000 euros ($40,000) per day on renting a villa.

    Paul-Biya

    4) Uhuru Kenyatta – Net Worth: $500 Million.

    Country: Kenya, Years in Power: 1.

    Uhuru Muigai Kenyatta is the President of Kenya and the son of Kenya’s first President, Jomo Kenyatta. In 2011, Forbes estimated his net worth at $500 million. Most of his wealth comes from property. With his family, the President owns stakes in Kenya’s largest dairy company Brookside Dairies, media company Mediamax, Heritage Hotels, Commercial Bank of Africa and hundreds of thousands of prime Kenyan land. He is regarded as man of the people due to his sociability. During his inaugural speech, he promised economic transformation through Vision 2030, free maternal care and unity among all Kenyans.

    Uhuru-Kenyatta-Forbes-Net-Worth

    3) Teodoro Obiang Nguema Mbasogo – $600 Million.

    Country: Equatorial Guinea, Years in Power: 34.

    Teodoro Obiang Nguema Mbasogo is the President of Equatorial Guinea. He came to power in August 1979 by ousting his uncle Francisco Macias Nguema in a military coup. He has overseen the emergence of the nation as an important oil producer, beginning in 1990s. This President and his family literally own the economy, his personal fortune exceed $600 million, according to Forbes Magazine. In October 2011, the United States government seized $70 million assets of his son, Teodoro Nguema Obiang Mangue. Though Equatorial Guinea is Africa’s second richest nation, majority of the population actually live under the poverty line.

    Teodoro-Obiang-Nguema-Mbasogo

    2) Mohammed VI of Morocco – Net Worth: $2.5 Billion.

    Country: Morocco, Years in Power: 15.

    Mohammed VI is the current King of Morocco. He is also the country’s leading businessman. He is worth more than $2.5 billion, according to Forbes. The King ascended to the throne following his father’s death in 1999 and he immediately set about improving upon his appalling human rights record and alleviating poverty.

    Photo Credit: Map.ma.

    1) Jose Eduardo dos Santos – Net Worth: $20 Billion.

    Country: Angola, Years in Power: 34.

    Jose Eduardo dos Santos is the President of Angola. He has held on to this post since 1979. His personal estimated wealth exceed more than $20 billion, according to Cabinda Online. While around 70 percent of Angolans live on less than two dollars a day. His daughter, Isabel dos Santos is among the Forbes Africa’s billionaires with a net worth of $3.8 billion. She’s currently Africa’s richest woman and also the world’s richest black woman.

    Jose_Eduardo_dos_Santos

    Some of the above-mentioned Presidents’ exact wealth and source of wealth are unknown that’s why they cannot be included in the Forbes Africa’s Rich List. They steal from their own people.

  9. Like i say, simple they came they rob, they stole and they now say we are at fault. There was no worst evil than slavery,Imperialism and Colonisation.

  10. Why would I want someone to control the house me and my family dwell. Similiarly, why should we allow colonisers and evil EUROPEAN RULING CLASS TO control; us and our resources.

  11. How can Africa be populous so that it is second to anyother. Asia is th emost populous follow by Europe. Only Nigeria has a huge population.

  12. Rommy Adigun If only you knew how these evil so called humans got the upper hand on us, on the continent, you would not be so critical of the Africans. Even after colonization, they still control most African countries. Blacks who work for them in their own country do it for the same reason we see blacks toming everywhere, toming stems from the living condition of those people.

  13. Rommy Adigun says:

    My problem is that I cant realize how blacks trying to make their continents better place to live with hatred, greediness and selfishness. A rich black man prefers to spend his money alone, building mansions and estates, buying expensive cars and jewellery without thinking of what they can do to bring more development in production, manufacturing and organising. I cried for my people the time I visited Nigeria early this year. The same way palmwine is being produced since 100 yrs ago is still the same way they produce it now, the same way cocoa is being produced since more than 200 yrs still the same way now, how do blacks progress when even the farmers who produce cocoa don't know what is chocolate? Do you still blame whites for all these? where were the blacks when whites made tractors? were they sleeping? or killing each other with black magic? I cant believe you people can be so daft to blame anybody for your problems. All things we still av today in black continent as technology and development are all from these whites, so what are your own contribution?

  14. Rommy Adigun says:

    @Winston Donald. selfishness and greediness cannot allow Africa to develop.

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