Soop

  When other nations are promoting democracy in other countries, china has been taking a different path. This is building economies. China has been providing loans to African countries with no strings attached. These loans have been playing a huge part in eliminating poverty as well as fighting against the COVID-19 pandemic. Agencies China's total loans to Africa during 2000-18 have been tune of  $148 billion , mostly in large-scale infrastructure projects. ... As per the IMF estimates, additional financing of up to $285 billion would be needed during 2021-25 by the African countries to step up their spending response to the Covid pandemic. China’s total loans to Africa during 2000-18 have been tune of $148 billion, mostly in large-scale infrastructure projects. During the past five years, around 66 per cent of the loan amount has been given for transportation and energy sectors, economic times has reliably gathered. Since 2010, the Chinese financial institutions have funded a...

  Its clear, the richest man in Africa and the black community is Aliko Dangote as for the year 2022.  But i have noticed that there are few blsck bollionaires on the continent. Most of them have got Asian, European or American origin. I came to figure out what might be the reason behind and i came up with the following: Colonial effects. Since the colonial period, much of the means of production was controlled by Asian and Europeans. Africans were used as labourers. Many of these outsiders have been able to accumulate much profits through their investments over time. Poor financial services among the African continent may have contibuted to poor performance of businesses. In-ability to incubate start-ups. Many start ups have been failing to grow due to lack of support from the government institutions. Many Africans fail to adapt with modern technologies which can give them a competitive advantage. Threats. In some parts, rich peoples safety is compromised with some of them be...

CREDIT:PTI photo. The prime minister of india, Narendra Modi has topped the list of global leader Approval ratings for the second time in a row, according to a survey released by an American research firm Morning consult. The list showed Modi well ahead of the world's powerful leaders such as US president Joe Biden, UK Prime minister Boris Johnson and French Prime minister Emmanuel Macron.  Modi is the most popular leader in the world with 70 percent approval ratings according to the list. The list was: PM of india-Narendra Modi with 70% approval rate. Mexico president-Anders Manuel Lopez Obrador with 66% approval rate. PM of Italy-Mario Draghi with 58% approval rate. German politician- Angela Merkel with 54% approval rate. PM of Australia-Scott Morrison with 47% approval rate. US president-Joe Biden with 44% approval rate. Canada PM-Justin Tradeau with 43% approval rate. Japan PM-Fumio Kishida with 42% approval rate. South korea president-Moon Jae-in with 41% approval rate. UK PM-...