Black is a developmental magazine that hopes to breath views as it regards African economy and its trajectory as regards unity and also African relations within itself and foreign trade partners. Having an understanding of issues by Africans is important to development . The talk is about political unity and economic development an issue, concept, policy and deed on the minds of Africans for decades. There is actually a need for a paradigm shift . Hence enjoy THIS tribute to paradigms of deen . INTEREST BANKING IN AFRICA, AND LOANING Interest for keep of money and on loan a certain percentage paid for accessibility to fund hitherto unavailable to one is a form of business that came into practise in dealing and banking in Africa not by any means but by Arabian businessmen they called it the riba’un bila the money for keep- a certain percentage for its long stay. To my mind this practice has come with a lot of mismatch and mixed acceptance of practice because of the deen preach on it and in a mix continent where we have a good percentage of muslim in every country on the continent its seeming potential has bit the dust. Back to deen (religion islam specifically) you will understand that usury (a western practice where money is kept for a very long period of time, not used so as to cushion an anticipated effect or hid for a particular reason of business and used not by the owner for a period) is frowned at by deen (Christian specifically) Malachi 51:49-64 so a mix of these religious fatwa has hampered deep understanding of this issue riba’un bila interest on a lent money and usury a long keep of money usually in a bank that comes with an interest because of its long stay with use. Are to my mind exegesis that has hampered the annihilation of these practices with wary practitioners because of the deen in it, hence what banking practice should replace these two. But first let me give a religious understanding islamic that riba is actually a fee for a sighting of a wife which was what was usually paid for before a woman is seen (riba bildin) this practise coerced men to use it in business nature till we have what is the riba’un bila please don’t mix deen with culture for the usury (juub) in Arabic (Jewn) in Christian Jewish it is an extra fund for a help- usury misery me in the bible it became a practise that allowed people to milk out those on the gaining end of the keep-deal. So since we have not received an exugience by Allah as regards this practice I will say interest terms in banking should be replaced with another kind of service banking. The difficult nature when it comes to paying these loans fee and the abstract unexplainable distaste for the usury terms explains the fact that these practices even cultural was frowned at by Allah because of the crafty and pitying nature of the loan sharks, this can be seen in terms of loans these days till Allah dropped a wahayi an Aya through Annabi Dawood – Basin mi ara lalan haquri is : why do you misguide me a situation where he gave the oratory to allow it and they refuted with bad. This was to kill mutual love, understanding and care, to care for when one is in need -mia’ra a situation where Abacus (Dawood,s son) was beginning to own businesses and help people the real injil( with christians). And for the Christians Allah dropped the verse Malachi 51:49-64. So since there is no untoward as regards it and it is a practise full of deen lesson teaching a situation where there is difficulty when engaging in it. There is a suggestion to replace even as regards countries loaning from other countries and through foreign banks the IMF/world bank. Trade by Barter another form of it injilal seen. Where you sight want and there is a business deal for a want of something seemingly different from that of the other that is the ,seen. The deal being the injilal the deal should never be a loanm insilal but a ridaus a deal the mi ara and the Christians the misery of malachi should be understood to know that it should be beneficial and mutually satisfying to both and all the inshikakul linaa llahu is here mix the two deen teachings and perfect understanding from Allah which is a mutual equally beneficial ridaus injilal business deal never should it come as a loan. Inshikaul linaallahu muhibba akbar dini mulk.
BORDER BREAKOUT IN AFRICA AND THE AFRICAN DEVELOPMENT BANK
It is important to understand that border break outs happen in a country or continent when there is an eclectic in the economy (business – as it regards people, and trade – business as it regards a country or between countries) that is not skewed – a situation where you have more than one kind of business and even not peculiar to your country or the continent and not common practised and tight, few kinds in between. For border breakouts to happen and for it to have a positive effect there is a need to have economic ideas in this case businesses or trades that are more than one and vibrant and appealing to everyone across border and also for every one and all kinds of minds, a reiterate. When I mentioned a development bank for Africa and recurrent expenditure and budget surplus drop in commercial banks it was to allow for business, all sorts, provided legitimate because of the ample money provided in banks for the people till there is a border breakout. When there is a border breakout because of a diverse needs of people till it is going out of a particular geo political zone to the extent we call it, a border breakout, breaking a need, there is a need to curtail its natural skirmish an absence of coordinate, sometimes good other times bad, the bad been an introduction of bad market player this affects trade and also business to the point of lack of development. The African development bank has a cushioning effect for these kinds of rough tides and it is almost always seeked when the tide is high and bad for an African country. So what is their functioning when its all positive and there is development. One is the fact that having a development bank in all countries of the world andnot only Africa, with financial institutions that mint and strictly that, and commercial banks with ample money at their hands through recurrent expenditure and budget surplus being kept with them.( hope I don’t harp on these three too much). with these at hand in Africa and even beyond since it’s a border breakout it will mean that there will be, if each country comes with its country’s development bank and as is the case with African development bank a mint office already existing – a mint office means there will be a single currency a simple happening that if allowed is a huge positive for African trading as the breakout means business and trading for Africa even beyond its shores where it is electic in its reception of business and not narrowed to its kind of raw wealth for its kind of trade and even business – a mindset malaise. Because of its business men and their kind of contemporary thought so business is good as, as individuals they have diverse minds and will think different thoughts for their business, trade not too good, skewed. Hence nations should allow their business men in this contemporary age where capitalist have been nipped to run trades for them through their business. An ease in governance is important and this is it, Barry Buzan 2008. While they – Nations run enabling environment for their minds – fertile that it is, in this contemporary age. Border breakouts means, technology, new innovation, social intelligence, microcosm of developed nations at home since what they have, the height of it can be brought to the continent because of what one – an individual business man or men has to offer to get it in return a symbiosis of need want and get. So development banks and border breakouts means they will check the negatives of these breakouts as the suggestion for them came as a replacement for central banks and then to have minting offices ( strictly to mint) and to have budget surplus and recurrent expenditures in commercial banks for ample money at the hand of money people these are for no reason than to have a unified continent through trade the seeming sixth stage of the AEC Agendum, this described and reiterated above is one of it or majorly it. If there are no invitation to treat to the one currency border breakout AEC Agendum this is one of it, the fact that trade and business will be electic going beyond borders as wants and needs diversify and government will be there to provide development through the African development bank and created development banks in countries in Africa. There is a suggestion for these beyond Africa.
AN AFRICAN LEGAL TENDER AND ITS IMPORTANCE TO TRADE AND BUSINESS IN AFRICA AND THE WORLD.
Legal tenders are fees paid for services and purchase. But the technical name connotes money paid (sometimes not physical cash but a usury or a stock bond letter which i term the legal tender. Legal tenders in this context of write is money used for international trade and business usually exchanged into the most popular currency of trade coming from the G8s. So what’s Africas legal tender it is a one currency for all she chooses to trade and do business in through its development bank mint office. So how do we stop the trade with archaic trade partners the G8s concept of money legal tender and Africa creates its own legal tender – it is no other way than to have a single financial institution (the mint office) an extension to be own its own of the African development bank. An office (financial) where only minting takes place once a year or twice at most and when there is a real need to print or reprint a media inform. So how do we use this said legal tender for trade, by using it – legal tender when making terms of trade depending on how inviting the terms are. The financial institution (mint office)is the simplest one currency legal tender solve for Africa and it is to be known legal tender acceptance for Africa everywhere in the world. So how does it or should it Africa operate with its legal tender and why. First how do exchange rates happen? is it a kilning mathematics that says todays GDP, gross human index which I believe is same as the overall gross economics index if its low – an inflation . The exchange rate in return should be high a dogma in economy to the point of anarchy -corruption and self aggrandisement in high places, So what is the exchange rate malaise? it is the doctored numbering either high or low by self aggrandizing individuals this usually happens in kosher dealings in the central bank with foreign reserve recipients -IMF , World Bank – THE extension of central banks all over the world I call them the central bank headquarters. A high rate mean low development home and even low up yonder at Nations of some of the individuals receiving from this largesse it being an high amount with few individuals – gaining from it, giving a skewed economy from a skewed mind or minds – a self aggrandizing malaise. So how did one dollar per one in Africa die-it came or happened as a result of a condition for having a high budget read ( a situation where countries believed they were becoming at par with the west because of this high number budget read deal and also steal coming from a self aggrandisement, arrogance and despotism) in exchange the dollar was to be N2 per dollar this was to happen all over Africa it was in 1986 and Nigeria was to be the hegemon, this negotiation happened at Angola, Nigeria, Niger, Burkina faso Cameroon.One month after the other in all countries listed above some with the utmost patriotism for a single currency to arrive Africa Zik being one of them and the rest Dako ni Jacko for self aggrandisement,as usual as it is in Africa self aggrandisement took the day. As you can see in the early description in this article. So it is right to say the simple solve for legal tendering is to kill FDI (Foreign Direct Investment)before trade a condition by the archaic trade partners G8s and their likes and look for symbiotic needers like Asia and even non buoyant Europe and not to worry about some countries king kong legal tender clout as an invitation to trade or business kill this mindset Africa.. Africa also needs to kill negative kosher dealings in its Central banks in the process, both from them, hence needs to be done in tandem. So this simple legal tender – exchange rate lie. Hence the document for the 1986 meeting still with Dako ni Jacko needs to be gotten and revisited to understand Africas lack of single currency and hence the dollar legal tender issue this In this article is little from it. The continent should desist from self aggrandising economic conspiracies from the west by the west west in this case the western worlds west of Africa and the neo countries too those that identify with the G8s economic practise.. An understanding of the FDI, is to invest in you – your continent and to your bank The AFDB because you are king and kill the mothering mindset and walk the talk like the budget read talks real aim meetings that didn’t yield, make sure we kill legal, personal and institutional weakness in Africa to revisit and regain the aim of the 1986 talks . The mindset onions that says the G8 archaic trade partners that says they are a market and that.
AN AFRICAN LEGAL TENDER AND ITS IMPORTANCE TO TRADE AND BUSINESS IN AFRICA AND THE WORLD.
Africa has needs only it can provide or cater for should be washed away our lazy thinking habit inclusive.Spiritual malpractice is a legal term please every African should read about it and the case Lugard and Eduaghon in Nigeria and Dako and Deidrich in Burkina Faso. Please read and run with it for healing every African is an Eduaghon and a Dako, believe this. FDI’s are just ultimatums to belong. Simple, hence desist from them and paris club loans actually another kind of loaning which involves individual African leaders loan to be paid from their countries coffers, from the IMF, you borrow as a leader you get a personal chunk from it and for the loaner too, believe it the west is rotten.
Hence Legal tenders are a necessary that allows you buoyant upcoming collective businesses and trade for Africa for amazing high economic development.
NON TARIFF FREE TRADE ZONES AND ECONOMIC UNITY IN AFRICA.
A fee not paid for crossing of goods when doing trade and also doing business is a vital ingredient for African economic unity also an arena for mass goods of countries to meet and do business or businesses with no bottleneck like say a service fee for the zone or area where trade takes place the free trade zone – I advice we don’t restrict trade to a zone or particular arena. That aside but why do we have them free trade, tariff et al and how has it favoured the economy, it has in the sense that it has been made business fee for crossing borders to be absent, but in the first instance why was it ever introduced and even if it were why do we still have it e in Africa. With the first stage which involved a harmonization of customs and other else to the sixth stage. Tariff a major hindrance to economic unity has its history. The history of the tariff labelling has its precedence from the Chicago tobacco farmers who laid an embargo on another company setracco to pay a certain fee before allowed crossing into the American territory. Setraco was a European (Belgium Tabacco) company. This embargo called Tariff was coined from Setraco Chairman Richard Tariff. This has followed through till date including even Africa and was annihilated by the West in 1956 and the Americans, Latins and Asia in 1957. So why present in Africa another economic co conspiracy with the aim self aggrandisement. If trade are to be done freely on the continent unity will be a natural. Hence the importance of non tariff and free trade not of zones means an acceptance of individuals in business, also countries in trade as having the same mind as regards choice of business, kind of markets , people it wants to do business with and for countries, countries it wants to trade with to the point of naturally breaking borders. In the absence of the African economics trade by barter the Africans welcomed the tariff business modula practise with open hands as Richard Tariff had introduced as a condition for selling his tobacco and the rest they say is history. So why is this embargo still welcomed in quiet corners of sale and why was the Sirte declaration (AEC six stages) in Africa an aim purposefully to annihilate it not been achieved. Wideland marred by myrred waters in Arabia changing loamy soil to desert sandy soot ( please read the article on my app zara magazine , middle east Africa the search for non archaic trade partner), and the Tariff malaise in the Sirte declaring circle is a foreign intrusion that saw a tariff label to be an underhandedness by self serving European business people. A situation where tariffing goes to the quiet level headed superiors at the head desk-there is self aggrandisement at the west-white collar thievery. So these tariffs when asked for goes to the foreign direct investment desk at the time it is dropped, the FDI is still what Africans prefer calling the Foreign reserve, from there, there is a worry by the Africans as to why it goes there – the FDI desk and not to the bureau for revenue generation in Africa then to the African development bank it was this questioning that led to the opening of the first tariff desk in 2001 at the African development bank and the Brutal battery that was the sirte declaration declaring the six stages of harmony. Thus the real absence and tacit presence of tariff and free trade in Africa is embedded in the AEC six stages sirte declaration where the leaders of Africa sat down to kill this western vulture, but did it?, read and understand the AEC six stages and the sirte declaration earnestly please.
THE TRADE BY BARTER CONCEPT AND OIL WEALTH IN AFRICA.
An invitation to treat African is its raw wealth particularly oil wealth, if you tell me there is no raw wealth in Africa then it’s a conspiracy, raw wealth particularly crude a basic necessity in luxury of life – automobile. I will talk crude wealth now. Lets do the math how many countries run automobiles in the world – every ,do they order petroleum yes, how many oil producing countries do we have 26, in Africa 6, rest of the world 20 whats the capacity 60 tonnes per day, Africas 16 tonnes lie 36 tonnes statistics is the biggest lie for self aggrandisement as in a novel there are three kind of lies lies, damn lies and statistics read the novel please.. Let me go straight hitting the nail at the head to my mind this high number count advices for Africa to know that seeing it is a business of luxury –necessity, it is a ready market for trade. But what does Africa do with its oil wealth, has it touched other sectors of development on the continent. In Nigeria, Angola ,Libiya Botswana do we see high octane development touching every facet or sector of their economy to even trickle down the rest of Africa. So what happens when these African countries trade in oil compared to their middle eastern and even Latin American counterparts – same a sembalance of ample in this buoyant trade call it oil developer,s sky scrapers sectoral finds for everything necessary, but no schematic for the low cadre, they tell you its everywhere in the world surprising low human index even with the developed forgive their mindset. So to solve this a little economic and social intelligence is necessary to understand that there is a need for other sectors of the economy to be assuaged, this can be done when money trading is abused as is the case with oil refining and export and African economics done trade by barter coming from needs – economy of needs. Let me give a sample oratory in the search for growth of other sector in Africa from the buoyant west since there is a mindset to deal with them, it is necessary to know understand and tell that the mass wealth gotten by oil producing nations in Africa and others is cause for envy a necessity of life that they cant’ do without and wish it doesn’t bring you that kind of wealth talk about the best things in life being free, this is why the wicked high handedness they mett out when dealing with oil countries when it comes to other sectors of growth development(economy) makes it difficult to channel these funds, there is a simple reason they give you mindset reading economic intelligence on economic intelligence till it’s a theory and you don’t do governance with too much theory and because most governance is economic theory the need to have and make (money in all sectors of governance these mindset theories become a necessary evil because a no accepting of them means dealing with the non rich non buoyant ( mindset blackened). What happened to African economics trade by barter, where it is social intelligence in the scheme of things – the understanding that states that every individual if allowed to tap his core self is equal in mind and intelligence to any kind of individual in the world again Eduaghon and Lugard please. Its neither of the complex or its either today., Every individual is at par with any individual technologically advanced in his geopolitical area or not for forms of needs let fools contest for what is provided to the optimum at land area yours fit to fulfill needs yours is best that not relative to the west. Eduaghon and Lugard again. Back to my non buoyant developing prerogative for sample oratory. Since the rest of the sectors are being locked – this to the oil producers it is good to search for non archaic trade partners for a trade by barter of even the archaic – but the issue of sectoral resistance knocks so how does a trade that involves a little less money or monies or funding – trade by barter, you allow the money sell of petroleum for other sectors and keep a sundry half for trade by barter – how does the trade by barter work its in the choice of barter may be a technological curricular from non buoyant asia may be Indonesia’s for a months barrels of oil-social intelligence in this day is very important forget economic.
THE TRADE BY BARTER CONCEPT AND OIL WEALTH IN AFRICA.
intelligence, the contemporary need is to understand people and not their needs but what satisfies their needs are bionic basics, satisfaction goes beyond basic to luxury. The truth is trade by barter without money receipt is sometimes very good for oil producing African countries forget the cash at hand, these, are usually present because leadership in these countries are self aggrandising .When there are real patriots trade by barter will take the day and minting and strictly that will give economies with heart when the west tells you not to mint it is because it engages in trade by barter which you don’t and don’t like so indulge in it and even practice it.
INVESTMENTS, INVESTMENT BANKING AND BANKERS IN AFRICA.
Investments by individual and governments into business and countries respectively is a questionable affair when it comes to individual investment into businesses and for governments in Africa, since the 1950 swindle by Europeans when they came to get a feel of the business terrain in Africa, a lot of Africans dropped money into their kind of businesses and there was never any return hence the scepticism when it comes to investing in business an average African prefers to start his little entrepreneurial close knit till its able to soar. To my mind this has caused an absence of investment banks if at all there is they are not many and are tacit in their dealings. The idea of investing is to put heads together so business soars beyond the usual to the point of involving even governments and or countries so it is right to understand that for business to soar it does need investment sometimes and if otherwise an increased partnership which is still – investment but they tell you there is a difference because of the equal share funding drop into the business. Investment banks and its lack of strength or and absence in Africa form from an absence of strong business acumen( intelligence strength) one that tells you what to invest in, how to still invest and work round the bottlenecks of the business that has led to the fear to re invest or invest in others.That is the simpleness of investment a strong business sense and tactics professional when it comes to difficult business. So how can investment bankers in Africa use their smarts to help or assist government when it comes to foreign investments in Africa by foreign countries or foreign business men into African countries development projects, revenue generating projects and the likes. An investment being a drop of money huge otherwise to augment a project or business by an individual or government usually mutually beneficial is to be shirked in this case (government investments) to investment banks and bankers a situation where they use their professional smarts to see both sides benefit while they benefit too, the absence of investment bankers a set of professionals that are natural players in the trade investment between countries and sometimes also between countries and individuals business men are essential very essential this is why Africa has a very non optimum functioning trade Ministry this is so in every country in Africa.Thus for investment in Africa not to be one sided but mutually beneficial and for self aggrandizement to die once there is an investment professionals good at investment needs erudite also very important erudite invest bankers. Africa needs investment banks not only for individual businesses but to run her governments investment projects. How do they comes in, they receive funding for the project whether business or whether project based or revenue generating for project for government base . These set of professionals from investment banks can work with the investment unit of the African development bank. To see that investment projects don’t blunder with governments in Africa because of an absence of professionalism.
THE FOREIGN RESERVE IN AFRICA AND WHETHER TO CONDONE.
They tell you there is a difference between foreign direct investment (money dropped in by a country African or African like in its development before exchanging currencies or business and trade) and the foreign reserve (money kept when a country African or African like in its development has exhausted the foreign direct investment FDI and generates revenue for foreign trading any kind). Barry Buzan called or termed this an economics with tears-just a semantics mishap he said-all the same, still money kept for business foreign (usually with a race and development rating at mind) do you need a reserve to do business any kind just because of a supposed intelligence deficit and a lack of understanding of foreign economics. So here lets not sound like a record replayed and replayed. If you need a reserve in anticipation of foreign business or services its just a penalty for daring to want to trade with, i call them the buoyants, and uppities where they defy inviting trade term deals just because of a need to defy or deny Africas paradigm shift, a shift that says Africa can bring good deals to the table. Simple. Foreign reserves, deserve no econometrics they are just complex rides the higher ups take to tell you they are non conformists forever. And black should forever be proud when it comes to color codes but not in governance and economics. Simple. On the eve of 2005 Barry Buzan gave a brilliant oratory about foreign reserves where he stated the importance of trade by barter to solve the reserve syndrome – it’s a syndrome a sickness an asphyxia for Africas beauty – raw wealth, who ever said we don’t have it all sorts and in mass is a lie to not listen to, check the 1958 mining law by Gregory Oniha who buttressed this with enough mind posits a walking excavation machine who knew where is what is and how plenty. They called him Aplenti we have it a plenty he always said. Do we justify the need for the absence of foreign reserves, by dealing them the trade by barter economics of Africa and even Arabia or we forever know how to nonsense. Thus an advice is here still to search for the non buoyant – the developing like Africa with a symbiosis of need where they can trade do business run economic and even politics together to kill this inexplainable malaise the reserve foreign for a self aggrandizing need. To tell them there is white collar thievery and we are changing the oratory so we stop being bad pupils and they stop being bad teachers.
POLITICAL IDEOLOGIES IN AFRICA AND THE UNITY AGENDIUM.
Political parties in Africa comes from an ideology as is common in Africa and one doesn’t become a member of a political party unless he or she identifies with these or this ideology or ideologies what was the first political party in Africa and what was its manifesto mantra.The first is the ANC a party that came with its nuances different from the usual with political parties all over the world. Its ideology being to begin a political party that will birth unity to the continent, quite different. So is it right to say that the ANC and its ideologies has been trickling down to spring ups of parties all over Africa from 1920 till date. But how does or will ideologies in African political parties augment unity. We have over 54political parties in Africa 109 to be precise and the campaign mantra of the first the ANC was to provide unity ideology that will trickle down to other political parties forever. But if you look at the present political parties of date you will notice an absence of depth to unity. As each nation has become more independent an absence of a need to unite. Thus in 1950 when Kwame Nkrumah proposed a United states of Africa in earnest and an OAU was created in 1959 the unity need of the continent through political parties died, this because of a know it that this was a real walk the talk,and campaign mantra wasn’t it a brilliant manifesto that will sound well on paper by political parties had died as personal ambition, autocracy, self aggrandisement was rearing its head, as reality of the OAU and its creation was coming through Kwame Nkrumah was from Ghana and what was the Ghanaian political party mantra of that time. It was a unity and more and the more took the day, this addition of the more killed the emphasis of the unity ideology in all political parties in Africa, because more was coming from a state where the father of unity (to my mind) was from. As I reemphasize just a reason to be bad, as autocracy, despotism and self aggrandisement was slowly taking the day, and the more was a reason to work with more and not the unity ideology. So these days how will unity be achieved? Through objectives and ideologies of political parties. Remember that after the OAU phase (creation) the military had started deliberately taking over out of a fear of politics of political parties bringing oneness through a uniform ideology of needs, that was Kwame Nkumrahs mantra, that states were willing to work with. So how has the military Juntas hampered a one Africa unity ideology of political parties I can say through aggresive needs personal, that took over the unity cause all over Africa. This was a gimmick a poor governance complain that brought them to power with a elementary mind not exegised in understanding oratory that brings results with a damning need to show they are irrelevant in the scheme of unity and just like that wanted to surface to show relevance through aggressive means killing the unity ideology. So why did the military begin to take over after the ANC, after Nkrumahs OAU and particularly in the 90’s. What is the significance of the military in a United State that is Africas. They noticed an absence of aggressive tactic in the cause of the unity ideology preach and immediately wrongly forecasted an irrelevance in the scheme of things when a united government is created. A situation where their might because – brutal strength was disregarded and in anticipation the Juntas presented themselves and were taking over states in anticipation killing unity ideology up until the turn of the millenium 2000 when there was a reality check ,and, the AU was created in 2001 and governments in Africa turning democratic. So how will democracy in the turn of the millenium revisit the unity ideology or ideologies of political parties in Africa. As to even reflect in the contemporary OAU , that is the AU. As the self aggrandising style need and despotism of the military has reflected in the style of governance of every African Nation now democratic. It is simple to have a simple ideology merge which can come under the body AU that can then turn into a sit of government through with uniform objectives and political objectives, and political themes and economic as political are usually economic check the constitutive ACT13 of the AU to see how ideologies can manifest into the AU for an AU unity government in Africa.
