Posts Tagged ‘African continent’

The other side of Africa that is rarely depicted in the media

African skyline

Newscast Media HOUSTON, Texas—There is a sophisticated side of Africa that is
rarely portrayed by the media about Africa. Many still think that Africa is a backward
continent with zebras and lions running all over the place. However, that narrative is
far from the truth. Some Africans have never even seen a real life lion or elephant
other than the ones in zoos.

Another misconception is that the whole of Africa is always engaged in wars. If that
iwere true then how on earth are these cities, bridges, streets and industries being
constructed? There are a few pockets of strife here and there, but that is activity is
found in every part of the world.

Africa is rising. The cities and industries are continuously growing as you will see in
the video below. All the edifices shown were built by native Africans with the very
own hands, through their sweat and blood. These African cities rival some of the
greatest cities in the West and those in the Orient like Bangkok and Tokyo. Yet you
never see this aspect of Africa being broadcast to the world. One has to wonder why.

However, since truth can only be found at Newscast Media, we will show you a rare
side of Africa that will surprise many. This video of Mama Africa was edited by the
talented African sister Loreen Nyambok. Watch:

Mama Africa—Video by Lo Nyambok

http://newscastmedia.com/africa.htm

         

Be the first to comment - What do you think?  Posted by Joseph Earnest - December 7, 2013 at 6:46 pm

Categories: News   Tags: , , , , , , , , , , , , , , ,

African rulers and investors treat the Continent like a whore

The Continent

Newcast Media HOUSTON, Texas — The most popular phrase word in the business community on the African continent, in regard to who gets the big government contracts is the word “investors.” It is simply a code-word for the “chosen few” or the “well-connected.” When construction projects are up for bidding, the so-called foreign investors get priority over the native Africans. If a prime piece of land is viewed as profitable, it is not unusual for the indigenous Africans to be evicted because “investors” want to develop the land.

With total disregard to generational bloodlines that may have lived on a particular piece of land for hundreds of years, African families who are evicted find themselves wanderers on the continent upon which their God-given birth rights are engraved.

This problem emanates from two groups of people: Political rulers and investors. These are the groups that are looting Africa without impunity.

Political sellouts:

Africa will always remain part of the third world as long as it political rulers continue selling out their own people for personal gain. Although continent-wide estimates are scarce, the African Union believes that US$148 billion leaves the continent every year because of corruption . Most analysts agree that the outflows of illicit money originating in Africa tend to be permanent, indicating that between 80 – 90 per cent of such flows remain outside the Continent.

Africa’s GDP is being moved offshore which means that Africa’s wealth is flowing to bank accounts in Monaco, Switzerland, London and The Cayman Islands with the collusion of some of the world’s wealthiest countries and companies. All this is happening while poor Africans can afford the bare necessities of life, hospitals are empty without drugs, there is a lack of constant flow of water for consumption and the living conditions are deplorable.

Selling natural resources and assets:

This is one of the main reasons African rulers do not leave power voluntarily and have to be forced out. These rulers have a sense of entitlement and have convinced themselves that everything including the natural resources and treasures, belongs to them personally.

It is estimated that Africa’s political elites hold somewhere between US$700 to $800 billion in offshore accounts outside the Continent. Africa corruption and this continent-wide theft is a bi-product of selling the natural resources or national assets for the purpose of unjust enrichment.

According to The Economist, “When Sani Abacha was dictator of Nigeria at the end of the 1990s, the Central Bank had a standing order instruction to transfer US$15 million or so to his Swiss bank account every day. “ Over 100 banks around the world were involved in handling Abacha’s loot, including Citigroup , HSBC , BNP Paribas, Credit Suisse, Standard Chartered and Deutsche Morgan Grenfel.

Mobutu embezzled US$5 billion from the people of Zaire. A report prepared by the UN after Mobutu’s downfall implicated 54 government ministers and 85 multinational companies based in Europe, the British Channel Islands, Canada, US, the Caribbean, Asia and Africa for violations relating to the illegal exploitation of Congolese resources.

Investors (Multinationals) looting Africa:

Take for example a country like Uganda that has an unemployment youth rate of 83 percent, according to a World Bank report.

These unemployed youths who are actually educated, can be put to work by the Ugandan government by providing them grants in areas of research, small business development and in biotechnology. What is happening is that multinational corporations understand how to take advantage of African countries that refuse to take care of their own. They know they will be favored over the native Africans, end they end up actually owning large sectors of the economy.

It is well-known the Uganda’s economy is owned by four Indian families, the dominant one being Aga Kahn. How is that possible? The answer is, these foreigners take advantage of the ignorance of the powerbrokers in Uganda.

Infection-Fighting Mycobacteria — Out of Uganda

Another example where multinationals have taken advantage of the ignorance of politicians and powerbrokers in Uganda is, a report from the Edmonds Institute reveals the discovery of a bacteria called Microbacterium vaccae that was isolated from mud samples collected from the Lang’o District of northern Uganda by a British company, SR Pharma (formerly Stanford Rook Ltd). Since its isolation, the bacteria has been used effectively against chronic viral infections, including HIV. Since being obtained from Uganda, the bacteria strain “has been patented in the US at least five times, the latest being on June 22, 2003. However, the report says: “No mention (is made) of benefit sharing (with the Ugandan people).

If only the unemployed graduates are provided with grants by the government, countries like Uganda would be leaders in providing medical solutions from the research work done by native Ugandans, and would actually own these patents.

Faded glory – stolen from Kenya

For instance, one of the biggest drug manufacturers in Europe, Bayer of Germany, is alleged to have acquired a strain of bacteria from the Ruiru Dam (called Lake Ruiru in the report) in central Kenya, from which it developed a drug that assists diabetes patients by inhibiting the absorption of sugar into their bloodstreams.

Though the product had generated over $379 million by the end of 2004, the researcher says that Kenyans have not benefited at all. Similarly, marine resources from Kenya have been collected by researchers from the Tel Aviv University in Israel who are now investigating their commercial use.
Of particular interest, however, are microbes (or extremophiles) that were stolen from Kenya’s Rift Valley lakes in 1992 and patented by a California-based company, Genencor International. The microbes were applied in the manufacture of industrial enzymes that give blue jeans a trendy faded look, while others were used by the US multiproduct giant, Procter & Gamble, in the manufacture of detergents.
Both microbes, and the key enzymes they produce, are owned by California-based Genencor, a biotech company purchased in 2005 by Danisco of Denmark, a 10,000 employee food and life sciences company with about US $3.4 billion in annual revenues.

The Kenyan government filed a lawsuit in the US for piracy that was written about in this article by the UK Guardian.

The Cancer Fighter from Bitterleaf:

A scientist at Jackson State University in Mississippi has obtained a US patent (6,849,604, issued 1 Feb 2005) on extracts of Vernonia amygdalina, an African medicinal plant sometimes called Bitterleaf (or Bitter Leaf). According to the patent, the extracts are effective against cancer. The inventor obtained samples in Benin City, Nigeria.

Bottom line, Africa is being raped by foreign multinationals AKA investors. African governments need to seek compensation for “Bio-piracy” of African products or else they will continue to be fleeced. They need to receive royalties for the extracts that are being stolen from the continent. The entire report on this piracy can be read and downloaded here, and should make any red-blooded African outraged as to how rich the continent is, yet it remains the poorest in the world.

http://www.newscastmedia.com/africa-looting.html

 

          

Be the first to comment - What do you think?  Posted by Joseph Earnest - June 9, 2011 at 12:43 am

Categories: News   Tags: , , , ,