Why is Africa is So Rich Yet So Poor?

Africa's Stolen Wealth - Paradox of Plenty.

Africa has been branded by many as a rich continent and by others, a continent of poverty. Africa is blessed with a massive variety and quantities of natural resources.

The continent holds around 30% of the world's known mineral reserves. These include oil and natural gas reserves, uranium, diamonds and gold.

One can't help but wonder, why is it that a continent with such vast potential wealth can remain so poor, precipitating a paradox of plenty. Following extensive research on this, I share with you a phenomenon I believe is the anchor linchpin reason for the poverty in Africa. 

In addition, I share my findings on the misleading narrative that Africa needs Aid and that the continent gobbles up aid and does relatively little to contribute to the global economy in return.The usual aid narrative is backwards, in every bit of money that comes into the continent from aid, much, much more money is leaking out, making Africa the richest, yet poorest continent.

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[katealele]

The comparison between SARS outbreak in China and Ebola outbreak just made me see how when something bad happens in Africa it is blown out of proportion making Africa look bad. Awesome content, thank you for enlightening us about Africa, my beloved continent!!!

[mcwaples]

Anyone else wish there were more channels like Risen Africa? The narration, pace, perspective, and information are well-balanced. Thank you for teaching us all valuable information, and I hope you continue the good work!

[princechama]

The mindset of Africa is what kills us as

[simphiweelizabeth]

Africa will rise again if only
1.We as Africans have to get rid of our corrupt, selfish and greedy leaders
2.Stop our leaders from exporting our natural resources
3.Use those resources to build a better Africa
4.We need to depend on our selves because we ur so rich in natural resources that is why the world targets Africa.
5.It's high time we tell our story and work together as Africans

[justcallmeole]

This channel is too important. Never stop the brilliant work.

[shaddythewiz]

This video needs to be seen and you did a great job. You make amazing content and I hope to see more content.

[valerievankerckhove]

I'm half-Chinese half-European and have lived in both China and European countries. Seeing the biased portrayal of China by Western media, I realized that I should take everything else it says with a grain of salt. I've so far identified several major groups of consistent biased portrayal: China, India (rape land with no toilets), Islamic countries (everybody's a woman-oppressing terrorist) and of course Africa (starving children drought land). This led me to look for alternate news of these regions, which led me here.

I'm in Belgium right now and I still regularly come across charities asking us to donate to 'poor people in Africa' and whatnot. This made me think about issues with the concept of volunturism that I read a while back though: you had these 'volunteers' flying over on expensive flights so they could build wells for those poor Africans, and they leave feeling happy and superior. Meanwhile, the stuff they made breaks down after a while, the locals could have done a much better job themselves if they'd just be handed a fraction of the cost, and for the cost of the volunteer's whole trip, many locals could have received training in many useful skills.

Foreign charity is often just there to make Western donors feel good about themselves. It doesn't care about efficiency of capital allocation or long-term impact. That needs to come from the locals themselves. In fact, your video shows that they could possibly be helping a lot more if they offered tools and knowledge on building more transparent capital control systems.

[agus_]

I love your channel so much!! I've learnt a lot from your videos, you deserve more views. Cheers from Argentina.

[jayjay]

Awesome work.. capital flight shook me to the core
I believe that's the main reason why Africa is "poor"

[MonDieuMaCauseMonEpee]

Hey bro so are you going to get serious about spreading this channel again?? Your making such great content. You just have to share.

[VerywellInformed]

*Insightful video. Would love to hear more from you.*

[derrickalex]

All of Africa needs to watch this video.

[itslogikz]

Hey, I know this is an old video but I just want to say that this is a real eye opener. I come from Canada and I obviously realized the amount of countries and their differences, however somehow never realized the amount that the media generalizes Africa as a content and how much it had negatively impacted my view about the state of the continent. I wish more people could see this. Much love 👍🏽

[NeoThabo]

This is one of the best if not the best channel I've subscribed to. WOW! The information is eye opening even to me who lives in Africa.

[abdullahaliyuw]

Thank you for this ultimate reawakening

[KtoJ]

Economic and history course in under 15mins. As always appreciate the knowledge 💪🏿

[Officialnrb]

It all boils down to the mentality of the residents.

[Jarod-vgwq]

I heard billions were made by Africans working abroad and taking their knowledge and only back to their nations and help the nation grow, it has a magical effect and benefited the different nations greatly.

[jaygeorge]

Hey! I really appreciate your videos. I am American of Indian heritage, but I hope African countries become influential and powerful!! Youre teaching me a lot. :)

[allenchilekw]

We need to first know who we are and know secondly where we want to go as a people