Name 5 Wholly African Multinationals. Then You'll Have The Answer To, WHY IS AFRICA UNDERDEVELOPED

Every nation worth its Salt has at least 1 big company that has presence overseas. Some countries have 10 or 20 multinationals corporations. Here are examples.
USA, Exxon, Microsoft, Google, CAT, Boeing, IBM
CHINA, HUAWEI, Tiktok, HIKVision, Sinopec
UK, BP, Land rover, Lucas,
GERMANY, Siemens, Bosch, Daimler Benz,
JAPAN, Toyota, Hitachi, Mitsubishi, Kawasaki Group, Tadano
SOUTH KOREA, Samsung, LG, Daewoo, Doosan, Hyundai

These are countries, Africa is a continent aren’t we supposed to have at least 54 AFRICAN Multinational corporations. Kazi ni kuexport raw OREs and raw coffee.

tuko na kwa mathee enterprises
anauza managu na ugali mchana na ikifika 1845h, anaanza kuuza bangi

Very tough question, nimejaribu kufikiria an African corporation nikashindwa.

Hata cement tunapatia Wahindi shamba wachimbe limestone
Titanium tunapatia Canadians
Oil tunapatia Brits
Soda Ash tunapatia Tata ya India.

Muafrika is a cursed animal

True negro does not understand value addition.
The most popular presidential candidate has not put plans for manufacturing. He is busy mocking the poor

But with Ruto…

Equity bank.

How many branches does Equity Bank have in North America, Europe, Australia and Asia?

Equity Bank is only present in about 3 or 4 countries.

Kenya kama tuna akili timamu tunafaa kua na Unique brand of Running Shoes that take advantage of Kenya’s unrivalled record.

Pia tuwe na canned meat from wild animals such as Buffalo, antelopes, giraffes for export. Mikebe moja ya 500Grams $20, lakini Kwa sababu ya kokosa akili hata hao Wild animals sio wetu, ni property ya Queen of England

Not even relevant in the manufacturing sense. As offer a product they have PRODUCED from scratch.

The barriers to starting a successful cottage industry/ micro-industry that is scalable hii Kenya legally ni insane kuliko kupenya sound barrier in the 1930s. Tarriffs, taxes, kanjo and political busybodies hapo hapo wakidai their cut kazi inakua ujinga. There’s a thriving very grey industry in Kariobangi et al, anyone amekula maisha Kenya anajua there’s no going legit until you are big enough to bend the laws of the game legally. Then again why bother if you are making enough of your financial targets? Huku hard earned wealth and means of production doesn’t have guarantees of being protected from all manner of risks man made or otherwise. Generate thy dollar and keep your mouth shut. Tags za multinational for majority of entrepreneurs huku really is just a bullseye painted on your back. eg recent troubles at Keroche [SIZE=1]ata kama wao si multinashono[/SIZE]

Dangote cement

Meffi

How many branches in Africa without even going to neighboring Europe and Asia?

We have the will to start something but the kinda shafting you get from the government is enough to discourage any investor.

Numerous licenses and brokers who demand bribes. Ni mara ngapi tumeskia foreign investors that were discouraged by some assholes who ask for bribes?

I keep saying that when all government requirements get condensed into one document things will get easy. Land pia government should lease to anyone that wants to start something.

If you study the history of all these big multinationals from Japan or USA and Europe they were really small scale business. Some were completely ruined after 1945 but they rose up again.

Ile shida kubwa sana na Mwafrika ni RED TAPE also known as bureaucracy. Ease of doing business is hampered by very many obstacles. Sio taxes, sio permits, sio political rivary, sio conflict of interest. 80% of what Africa imports can be made right here in Africa. Hakuna kitu China ama Japan wako nazo in terms of factors of Production ambayo Africa haina, in fact we have 5 times more. Sema raw maeterials, Land, Human capital, Fresh Water, Coastline, Solar. Everything.

MISMANGEMENT TU NDIO OUR UNDOING

The only true African multinationals are South African founded and run by Whites.

We are busy creating ‘modern nations’.after that we shall sort such issues.

Note:on the African continent,how nations were defined in the past is not what we have,it was a reset.

Such as General Motors. GM exports a lot of vehicles from their South African plants.

You could be thinking how you could be manufacturing under their(multinationals)license instead of whining on Kenyatalk.

We’re busy creating micro-economies for hawkers, wheelbarrow pushers and mama mbogas.
Hizo multi-nationals sio za ma-hustler.
Tukiwa na njaa tutapatiwa mchele, nyama na soda huko state lodge.
The only thing we care about is the cost of maize flour.
Hustler hoiyeeee!!!
Bottoms up!

Hapa nakusupport 100%. Bush meat can work very well in China who aren’t woke yet and love such exotic shit (they pay thousands in dollars to import bison meat from US ranches). Imagine if we do between 100M to 300M cans yearly? We can fund our projects and tubaki na kidogo yenye itaenda kwa diversification fund (kama Qatar Investment Council etc)