Monday July 08 2024
What has been happening in Kenya can happen in any other African country. And it can be worse.
The surging crisis that is being witnessed in Kenya could end up being a good thing for Africa, if the regional leaders could step back and examine the situation clinically with cool-headed interest. Maybe there is a hand of God in the whole affair. For, how do explain the flare not having started in harder-pressed countries such as Zambia, Mozambique and Ghana?
As fate would have it, it happened in East Africa, the region that is supposed to provide the next leadership of the African Union Commission, in a process that is about to start. And, what is the most serious crisis looming on Africa’s horizon? It is Debt of course.
Even the UN has warned the entire world that Africa’s debt situation is now a crisis. As at now, three or four countries are not facing debt trouble — and that is only for now.
There is one country, though, that is virtually debt-free, having just been freed from debt due to circumstances: Somalia. And it is the newest member of the East African Community. Somalia has recently had virtually all its foreign debt written off in recognition of the challenges it has been facing in nearly four decades.
Why is this important? Because debt is the choicest weapon of neocolonialists. There is no sweeter way to steal wealth than to have its owners deliver it to you, begging you, on all fours, to take it away from them, as you quietly thank the devil, who has impaired their judgement to think that you are their saviour.
Read: BUWEMBO: Kenya could still push Africa economic integration
So, the economic integration Africa has embarked on will, over the next five or so years, go through are a make-or-break stage, and it must be led by a member that is debt-free. For, there is no surer weapon to subjugate and control a society than through debt.
A government or a country’s political leadership can talk tough and big, until their creditor whispers something then the lion suddenly becomes a sheep. Positions agreed on earlier with comrades are sheepishly abandoned. Scheduled official trips get inexplicably cancelled.
Debt is that bad. In African capitals, presidents have got calls from Washington, Paris or London to cancel trips and they did, because of debt vulnerability.
In our villages, men have lost wives to guys they hate most because of debt. At state level, governments have lost command over their own institutions because of debt. The management of Africa’s economic transition, as may be agreed upon jointly by the continental leaders, needs to be implemented by a member without crippling foreign debt so they do not get instructions from elsewhere.
The other related threat to African states is armed conflict, often internal and not interstate. Somalia has been going through this for decades and it is to the credit of African intervention that statehood was restored to the country.
This is the biggest prize Africa has won since it defeated colonialism in (mostly) the 1960s decade. The product is the new Somalia and, to restore all other countries’ hope, the newly restored state should play a lead role in spreading stability and confidence across Africa.
One day, South Sudan, too, should qualify to play a lead role on the continent.
What has been happening in Kenya can happen in any other African country. And it can be worse. We have seen once promising countries with strong economies and armies, such as Libya, being ravaged into near-Stone Age in a very short time. Angry, youthful energy can be destructive, and opportunistic neocolonialists can make it inadvertently facilitate their intentions.
Read: BUWEMBO: There are two ways to conquer and enslave a nation: Sword and debt
Containing prolonged or repetitive civil uprising can be economically draining, both directly in deploying security forces and also by paralysing economic activity.
African countries also need to become one another’s economic insurance. By jointly managing trade routes with their transport infrastructure, energy sources and electricity distribution grids, and generally pursuing coordinated industrialisation strategies in observance of regional and national comparatives advantages, they will sooner than later reduce insecurity, even as the borders remain porous.
Source link : https://www.theeastafrican.co.ke/tea/oped/comment/the-post-budget-crisis-in-kenya-might-be-good-for-africa-4681834?view=htmlamp
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Publish date : 2024-07-08 11:00:10
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