Multinational corporations and corrupt African leadership

Africa is a continent whose people should have been one of the richest in the world however decades of independence has provided nothing more than failed states where people live on less than $2 a day.

Life expectancy in Africa is the lowest compared to what exists in other developing regions. At the heart of this poverty is the symbiotic relationship between Africa’s governing elites and western multinational corporations that exploit Africa’s rich natural resources. The poor state of the majority of African nations can be blamed on Africa’s political leadership and the equally guilty western multinational corporations as well as the global financial institutions such as the IMF, World Bank and WTO which make billions of dollars of profits while majority of Africans live in dehumanising poverty and squalor. These parasites do not only contribute to the destruction and pollution of the environment but also help to steal and hide the money that could be used to help their poor.

When a government in Africa is corrupt, there are also some MNCs and their shareholders who stand behind this government and push it to become more corrupt. Whenever a government becomes autocratic denying its citizens freedoms and rights, there are MNCs behind providing weapons to exact violence against its people. Whenever there is a corrupt politician in Africa stealing money meant for schools, hospitals, roads, and delivery of safe water and sanitation you have a big MNC bank assisting in the transfer of the money to safe haven destinations. This cosy relationship between the political and business elite in Africa and MNCs in Europe and North America does not only affect governance but it is one of the main reasons why economic underachievement, poverty, hunger and instability permeate almost all African countries. The parasites who parade themselves  as leaders of the continent have for over the years colluded and connived with MNC vampires who since the days of slavery have been the main instrument used by western countries to strip Africa of its rich resources and to keep its inhabitants desperately poor.

Editor's Comment
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