A Call To Action: Valentine Message To Africans
Africa Must Unite! A Call for Economic Self-Sufficiency Amid Aid Cuts
The recent trend of U.S. aid cuts to Africa is a wake-up call, not a crisis. It is a reminder that Africa must take charge of its economic destiny by fostering self-sufficiency, industrialisation, and intra-African trade. The era of dependency on foreign aid must give way to strategic economic policies that prioritise African interests, particularly through import substitution, resource value addition, and local manufacturing.
1. Import Substitution: Building Local Capacity
African nations must reduce their reliance on imported goods by adopting import substitution strategies at the national level. Governments should incentivize local production, protect infant industries, and invest in industrial infrastructure...
