Annotation # 7. Assignment 13

"Africa's natural resources, Spread the wealth, The impressive growth figures of resource-rich Africa countries are not all good news" The Economist Feb. 10 2011. www.economist.com/node/18114495

        I found this article while looking up random information online and it has a similar sentence referring to Africa having six of ten fastest growing countries, which I quoted in a previous blog.  I thought that was interesting and so I kept on reading. I'm not entirely sure what kind of credibility this website has but I found the information to be rather useful. This article really stood out to me because I am so passionate about going to Africa someday and helping there country in some way, Lord willing of course, but it says some countries are being developed and the political leaders need to make more of an effort in helping the continent which I completely agree with. "The first responsibility to do something lies with African leaders themselves." I think if they even have a government they should be doing more to help the country by figuring out where they want the continent to be in several years from now and develop some sort of plan as to how they are going to get there. I believe they should create some sort of currency or produce more currency and create jobs so that they can distribute the currency they had just created. However nice of a thought this is educated people don't want to move to Africa because they don't have good jobs, healthcare, education, housing or anything yet really so this makes it hard for Africa to become developed because it causes them to learn all on their own. the people who are their currently are stuck in their never ending rut of being poor because their is no one their to help them out of it, much like in the "Stool Makers of Jobra Village." by Mohammad Yunus. It is similar to this story because Yunus tried helping out the town by going to the bank and seeing if the bank would help the poor out but the banking system wouldn't allow the bank to help the poor in the way they needed help.  
        Most countries want to help out Africa by trading with the and taking their resources. They don't really care about Africa's well being. They just help out for selfish personal gain."Health and education suffer as poorly paid doctors and teachers take jobs in the oil firms." The educated individuals in that country are being forced out of their jobs to earn a better living by doing manual labor. While they do need manual labor workers I think they need to start with building up their government, schools, and healthcare facilities. Starting with the development of these things will create more control in their country and allow them to have some stable guidance among the continent.  They need to have structure behind the things they are doing otherwise it will continue to be chaotic. "Insiders and profiteers  are increasing using oil revenues to take over service industries. They crowd out entrepreneurs and create their own monopolies." Monopolies are in control of manipulating the prices in a market place. They create and unequal flow of business. I want to further my research with finding out more on the market place in Africa and their flow of income and how they use their currency.