Keidi Obi Awadu

The New Scramble for Africa Keidi Obi Awadu

Across Africa we are witnessing an intensifying competition between old colonial powers and emerging economic powers. What these foreign nations are competing against is a predicted future wherein over 2 billion Blacks will ultimately develop our own immense natural resources toward an historic opportunity to enrich, empower and secure ourselves. Not all foreign involvement with African nations is contrary to sovereign development. All great nations trade with other nations. Our challenge is to re-examine each of these relationships and to assure that these business arrangements are fair and that they allow people within the less-developed partner nations to advance their own wealth and self-determination. The United States is currently pursuing three critical areas within African regions: healthcare markets, security and infrastructure creation. Another primary aim is to preserve as much as possible their great advantage in imbalanced trade across Africa.17 of the 35 fastest growing economies in the world today are African nations. In just the agricultural sector, within 15 years it is expected to triple in annual production to provide $660 billion new dollars for the global economy. In other sectors similar growth is forecast and this is expected to continue to create a large number of Ultra High Net Worth Individuals. It is my hope that you will find reason for us to pool our money, invest in real estate, build facilities on our land with our own trained workforce, and create industries from agriculture all the way to high tech sectors. Through such efforts we become the primary directors of our economic fate and the world will once again acknowledge the awesome power of African empirical wealth.