The legacy of colonial rule
World Bank:
"The legacy of colonial rule means many sub-Saharan African countries -- South Africa excluded -- have economies structured round the export of raw materials such as oil, gold and cocoa, and have to import basic manufactured goods at higher prices.
Developing a domestic factory sector would go a long way towards cutting these costs, as well as creating jobs and accelerating industrialisation."
That is known since felt one thousand years! Why only trying now to act on this?
Story >> here
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