Africans perpetuate their own bottom of the rung and second class status in the world. Worse of all, even on our own Continent.
Follow the money is a concept that works to figure out what we are building and what we are destroying or not enhancing. We complain that we don’t have the capital to create the world we want to: develop our economies, educate our people adequately to thrive in the 21st Century, to alleviate poverty and inequality. But when we do have money; whether R10 or billions (they few that do), we do not take meticulous care to ensure we are spending the money on people, institutions, businesses, projects and ideas that truly change the status and destinies of African people – by Africans for Africans. Must someone always be our Saviour?
You can say that increasingly our world is shaped and directed by algorithms. How many African people are writing algorithms?
Yeah, on occassion, we spend peanuts here and there on each other as Africans. Many a times, grudgingly. We are very price conscious when it comes to our own. Unfairly so. We don’t have the same scrutiny on others. But when we really calculate where the bulk of the money that leaves the pocket or bank account of an African, you will see that the real beneficiaries are not people that look like her/him. From shoes, clothes, cars, financial products and services, advise, training, food, houses, tools/technologies to drive the lives we lead and. And….
Even when we make enough money to establish Foundations and vehicles for empowering and supporting, we still spend millions with and on foreign talent, entities and enhancing the reputation, capabilities and intellectual property of other nations.
Are we truly surprised that the leading players in the looting of South Africa’s coffers are more foreign than local? How many local entities would be granted the honour of charging such ridiculous fees or terms of contracts? With no commensurate value. Or that the aspirational companies in most sectors are not owned or managed in credible strategic ways by Africans? Yeah, we can be CEOs and Managers. But are we the talents that make or break the business? That our research is still predominantly briefed to foreign institutions and bodies and not building the local research talent even if the data from foreign lands would be ours. Tell me that the developed countries do not covet the number of patents and intellectual property they produce as a measure of their advancement and assurance of their economic survival? Do many of us even know what patents and intellectual property are? Or the value of patents and IP? That we still clamour to attend “Ivy League” universities and have no ambition to develop our own.
What we miss my brothers and sisters is that it is people that make institutions and companies. We need to care more about the individuals that form those businesses and institutions. Yes it makes a huge difference the hue of the people you support or don’t support because ultimately the world sees us as our race whether we like or not, agree or not or we think we are different or better than our lot. Money does not shield any of us from racism, prejudice and unfair discrimination. On occasion, it cushions and buffers us from its full might. But when other races look at you they see You. Supporting your own does not mean you dislike or do not support others. We need to be strategic and discerning. We really need to wake up! Are we ever gonna tire of being perceived as the bottom of racial rungs!! 😭😢
Follow your money. Who are you empowering, supporting, making more powerful and wealthy? Complaining about white monopoly capital does not change reality. Action changes things. Stop pointing at others. What are you doing?