What is the Economic War?

It is essentially a patriotic approach that empowers Africans to build their continent by limiting how much money is taken out by foreign companies and using it to iron the income disparities, promote social welfare, support innovation through quality education and reduce Africa’s imports from the rest of world through industrialization. 

The vision bearers argue that by stopping the capital flight out of the continent which stands at $203bn, the continent can solve her endemic production problems and be able to compete favourably with the rest of the world in terms of trade, innovation, and infrastructure. 

The proponents are confident that Africa can be a powerhouse of industrialization owing to her natural resource endowment, create jobs for her people, export more and halt the capitalist exploitation that has kept the continent in a poor shape for years.  

In turn, the functional welfare system, a progressive and healthy business environment in which local companies can outcompete foreign companies in bidding for local projects such as road, dam and railway construction, Africa will finally get her share of the cake that it has been denied. 

https://www.developmentchannel.tv/