Business News of Saturday, 4 April 2020

Source: laudbusiness.com

Coronavirus: Build your economy – Africa told

The Pan Africanist says it is time for Africa to stop depending on external support The Pan Africanist says it is time for Africa to stop depending on external support

A Pan Africanist, Abdul Aziz, has indicated that the coronavirus pandemic presents an opportunity for Africans to unite to build their own economy in order to reduce the over-reliance on the developed countries for goods and services.

He noted that Africans have for a very long time depended on external support for basic goods and services which could have been produced on the continent with the right institutional frameworks in place.

Therefore, he sees this pandemic as an opportunity to rethink into the decisions to seek external support to solve problems among Africans.

“This COVID-19 presents an opportunity for black people to unite and build our own economy. We have relied on the foreigners for a very long time and that is bad,” he told Richard Appiah Sarpong, a journalist in an interview on Friday, April 3.

He added: “Very soon a vaccine will emerge from the continent. We all remember a black man from Ghana first developed a vaccine for Ebola before the whites brought theirs and so I believe that a vaccine will soon come out from our continent.”

He also believed the outbreak which emerged from China is biological warfare between the world superpowers including America, Chain and other European countries.

“A critical assessment of this whole issue reveals to me that this is biological warfare between the superpowers especially China and America,” he said.