Congo and Nigeria need a healthy does of capitalism, Free Markets and economic liberty...
Countries in Extreme Poverty Time Lapse
7 years ago by libertylol (59)
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i think they have enough of that, hence why theyre so poor. Exporting natural resources, such as oil, for western consumption, is the basis of their economy.
Don't worry, Chevron, Coca Cola, Shell, are all looking at the Congo and Nigeria and how they can best use sectarian politics to divide and rule for their own benefit. Same as the British East India Company did with India way back when.
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They also need access to affordable, reliable energy. That is probably the largest limiting factor for them. It's hard to create anything when your entire day consists of repetitive tasks that could be eliminated with access to reliable power. But most of the world will continue forcing solar power on them, and discourage African companies from burning coal.
Oh, and the warlords roaming their lands. That doesn't help.
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They need less corruption...
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