US Losing Africa to China $60B vs $300B?Is US losing Africa to China $60B vs $300B?
What would a minerals-for-roads deal mean for Cameroon and Nigeria?Ben Modou says China is outsmarting America in Africa. In the transcript he says China made $225B from Africa last year and is projected at $300B this year, while the US is making $60B per year from Africa.His proposal: an Overseas Mineral Resource Corporation to facilitate American business in Africa and accept mineral resources as payment for projects. He says Africa holds 30-35% of the world’s minerals and needs $1.7T per year to develop in 10 years.He claims 28M jobs in America and 43-48M jobs in Africa. He mentions corruption challenges doing business in Cameroon and a diaspora call to get behind the proposal and push Congress and the president to back the new law.Get involved: Export RevolutionNote: this is longer than your WhatsApp-short rule per your request – use first 3 lines for WhatsApp. Transcript mentions Cameroon, Nigeria is not mentioned – Nigeria line above is audience framing only.
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⏱️ CHAPTERS
0:00 – Is US Losing Africa to China $60B vs $300B?
14:44 – How and how Is China Outsmarting America in Africa?
18:52 – Why Is US Only Making $60B From Africa?
28:51 – Can 30-35% of World Minerals Pay for Development?
32:11 – Can Minerals Pay for Roads Without Cash?
39:00 – Will $1.7T a Year Develop Africa in 10 Years?
55:45 – Will This Create 28M US Jobs and 48M Africa Jobs?
1:25:18 – Should Diaspora Push Congress to Pass This Law?
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Mr. Ben's term of calling America natural partner is just BS. America was and is a natural exploiter and the amount of money of $1 Trillion to invest in Africa will never become a reality because that's the amount of money America need to pay for on interest every year for it's $40 Trillion debt. America is slow at doing things and less reliable
Mr Ben Modo bases his figures on the US GDP. What he ignores is that the US economy is highly financialized and includes a huge AI bubble. The huge US GDP is based on financial and AI services which benefits a tiny percentage of Americans and leaves the vast majority of Americans very impoverished.
Show me a few places in Africa where the US is actively building infrastructure.
Show me a country whose general population has gotten richer by having the US as its main economic partner. I can point to Indonesia where, with a partnership with China, has greatly increased its revenue by processing it's minerals internally.
Thank God he is speaking on behalf of Cameroun and not Ambazonia!
The perspectives being proposed by Ben Modo sound very interesting and deserve serious consideration. However, for these ideas to become reality, they must be designed and implemented by people of strong moral character, integrity, and a genuine commitment to the common good. Given the current dynamics of how Western countries conduct business with Africa, I remain skeptical about the likelihood of such a system emerging from those relationships without strong African leadership and direction.
For this vision to succeed, the rules must be developed and championed by well-meaning Africans, presented to the world, and grounded in principles that promote fairness, accountability, and mutual respect. If the United States, which often presents itself as the moral conscience of the world, is willing to embrace these principles and champion their implementation, then so much the better.
Ultimately, I believe this is a brilliant idea that deserves a much closer and more critical examination by Pan-African intellectuals, policy experts, and think tanks. We must look beyond the appeal of the concept and carefully examine its practical implications, the interests it might serve, and the safeguards needed to ensure that it genuinely benefits Africa and its people.
Unbelievable! Africa is a piece of cake that is being shared around. What a shameful narrative!
Is the US losing Africa to China $60B vs $300B?
Who's to blame: US policymakers, African leaders, or private sector?
Can African countries like Cameroon and Nigeria flip it with minerals-for-roads? 👇