Subject: African Economies and the Struggles They Face


The Inequality of African Ecomonics

Racial and social discrimination is a breeding ground for all manners of inequality, and none of them are felt more keenly than wealth and economic disparities in African and Black economies. It was a question that Magatte Wade wrestled with after seeing the abundance of places like Germany and the United States versus her homeland

of Senegal. Why are some countries poor? Why are some countries rich?

 

Yes, geography and natural resources certainly play a part. Saudi Arabia's vast oil fields are a testament to that. But for the people of Africa and African communities, the results of colonialism and subjugation disrupted once prosperous trade routes, self-sufficiency, and self-government. It set them back hundreds of years.

 

Once colonialism allegedly ended, and the African nations regained a level of their independence, many ended up with socialist presidents (explained by Magatte here) and, therefore, limited economic freedoms. This kept them from making similar advancements on the economic world stage as their capitalist peers. 

 

Since that time, Africa and the pro-African diaspora economies have significantly improved over the years. Unfortunately, many regulations still make doing business extremely challenging between Africa and the African Diaspora. 

 

One reason is corruption. Corruption often occurs at all levels of the government, with bribes and favors the expected norm. They will only do what's good for the people if they get something in return. The other is regulations and legislation that is seemingly very anti-free-market capitalism.

Africa's number one "African Giant" - Burna Boy returns with his much anticipated 4th album ~ Love, Damini. Check it out yet and share your thoughts. Learn more by clicking here.

AfriKin is raising awareness on climate change by sharing its free Eco-AfriKin workbook.

 

Eco-AfriKin strives to unite our global populace as we protect the environment from the destruction and disasters linked to climate change. Many AfriKin worldwide are fully aware of the need to enact protective measures that are crucial in saving the Earth from further deterioration.  Now we are actively engaged in eco-friendly solutions and strategies with Eco-AfriKin. Get a copy today and learn of the small changes to our daily lives that matter. Start practicing them today with the family. Ask the questions so together we can find the solutions...

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AfriKin Call to Artists

Is your artwork unique? Is it a great fit for AfriKin Art on the occasion of Art Basel and Miami Art Week 2022? Is a cutting-edge contemporary African arts organization to partner with what you're looking for? Look no further; this is an invitation for artists to submit their work.

Apply by sending us an email to info@afrikin.org with "Artist Submission" in the subject line. 

In this email, please include the following:

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Submissions that do not include the above requirements will not be considered.

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AfriKin celebrates our cultural heritage beyond "Black History Month" by saluting Black African icons and their contributions. Learn as you unwind, relax and color away your stress in our Coloring Book Series

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The 501(c)3 nonprofit organization AfriKin is a social enterprise that curates African arts and cultures for the good of humanity. The term AfriKin is the fusion of two words -- Africa and kinship. AfriKin creates programming designed to highlight the role of art and culture in human development and enrichment.  AfriKin creates opportunities for positive interchange sustained by three pillars: academic articulation, artistry and cultural industries.  AfriKin emphasizes cultural connection and kinship across ethnic lines.

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