Friday 19 December 2014

Why Africa will always lag behind

Africa should look at the EU as an example of common growth through a support system. When any member(s) of the EU falls into a crisis, they pull together to bail each other out. You may say it's just to save the Euro but they could earlier kick the sick countries out. Africa on the other is too individualist, in fact they laugh at their ailing bothers. A family divided will never rise.

Do you think USA would be such an economic power house if the the states did not unit many years ago. 

But the key to a successful Union is transparency between member states. Then announce to the world "Africa is open for business!"

Africa does not realise how powerful it would be if they pull together and like china state cleaning up house.

We at Mustang Asset Management (www.Mam-global.com) struggle to sell the African dream for the above reasons. We have had successes but it's a dog fight with our investors.

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