DRC joins the East African Community bloc

Gunz&Butta

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you do know that Somalis own like 1/3rd of Ethiopia right and are the 3rd largest ethnic group after oromo and amhara
also Djibouti is another Somali country
also North Kenya is 100% Somali

:ufdup: we everywhere, got her hands in every pot and will eventually takeover :banderas:
You see, you've snitched on yourself.
 

Gunz&Butta

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:russ:
On a more serious note they should let Haiti join the African Union tho.
Breh that shyt broke my heart when I heard what happened some weeks ago.:snoop:

To me it's a no brainer, I hope they revisit this matter in the near future.

Haiti should also be a member and have access to the funds of the African development bank.
 

Virtuous_Brotha

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Ethiopia and somalia need to get their shyt together I see them blanked out:ufdup:y'all ain't hiding:ufdup:
i no black papi east African edition
full
 

mykey

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you do know that Somalis own like 1/3rd of Ethiopia right and are the 3rd largest ethnic group after oromo and amhara
also Djibouti is another Somali country
also North Kenya is 100% Somali

:ufdup: we everywhere, got her hands in every pot and will eventually takeover :banderas:
Takeover what? Somalia is a global embarrassment.
 

CopiousX

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To me it's a no brainer, I hope they revisit this matter in the near future.

Haiti should also be a member and have access to the funds of the African development bank.
I'm genuinely curious what the northern Arab nations feel about this. What would they gain by including a non-continental African country in their development schemes?

They don't have the comraderie with diasporan black people that subsaharans may possess and these nations have a great deal of say on what goes on at the development bank.


According to the development banks own website, they only included non-African nations in the 80s because those nations were going to add to the money pot. Haiti is not in the same position as Brazil, UAE, or Ireland to add to the AfDB pot. If anything it would dilute the pot.:patrice:

"Initially, only independent African countries could become members of the Bank. However, due to growing demand for investments from African countries and because of the Bank’s limited financial resources, membership was opened to non-regional countries. The admission of non-regional members in 1982 gave the AfDB additional means that enabled it to contribute to the economic and social development of its RMCs through low-interest loans. "- quote from AfDB website.


Furthermore, Haiti is already a borrowing member of the Inter-American development bank making it's access into the AfDB redundant.
 

Gunz&Butta

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I'm genuinely curious what the northern Arab nations feel about this. What would they gain by including a non-continental African country in their development schemes?

They don't have the comraderie with diasporan black people that subsaharans may possess and these nations have a great deal of say on what goes on at the development bank.


According to the development banks own website, they only included non-African nations in the 80s because those nations were going to add to the money pot. Haiti is not in the same position as Brazil, UAE, or Ireland to add to the AfDB pot. If anything it would dilute the pot.:patrice:




Furthermore, Haiti is already a borrowing member of the Inter-American development bank making it's access into the AfDB redundant.

At some point, African leaders would have to separate from the Arabs on the continent on certain issues. The Arabs wouldn't hesitate to do the same if the shoe was on the other foot.

There have been numerous occasions in the past when African countries voted at the UN in support of Arab interests and sensibilities.

Haiti today needs as much help as it can get, and its membership in the Inter American development
bank has clearly proven not to be enough.

I really wanna say fvck them Arabs but im going to put it this way; if you want to marry a single mother, you should be ready to accept her kids too.
To the Arabs, I say you gone feed these kids and take them to chuck e cheese :ufdup:


Or else:usure:
 
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Harry B

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Tshisekedi is overwhelmed. The country has at least 90 million people. No infrastructure. This is the equivalent of those white elephant projects on the continent just for posture.

DRC should focus on building internal infrastructure to link internal pop then after focus on regional integration. The country initially does not need the East African market with the fourth largest pop on the continent behind Nigeria Ethiopia and Egypt.
The population is large enough to create a domestic market for any private enterprise. The wounds are too fresh from the latest 1990s and early 2000s Congo wars for regional integration which implies the free movement of not only goods and services but factors of production (people).

How are you going to regionally integrate with a bloc with two adversarial nations (Rwanda & Uganda) that have been responsible for killing your citizens and the atrocities have been internationally recognized.

Court Orders Uganda to Pay $325 Million in Reparations to Congo
Commodity markets are global, just cause you have 90 million people doesn't mean that you off the bat can start building electric cars, industrial drills, sell diamonds at the global price etc.
 

Frangala

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Commodity markets are global, just cause you have 90 million people doesn't mean that you off the bat can start building electric cars, industrial drills, sell diamonds at the global price etc.

Buyers of said commodities are western mining companies and not East African companies think American, Canadian, Australian, Swizz and Chinese. The aim of regional and economic integration is to benefit the members of that bloc.

My overall point is to focus inward first the country has a tremendous deficit in infrastructure. Economic growth is a function of two factors : people (specifically skilled educated working age) and capital (capital as in plants equipment machinery) and infrastructure. DRC has people however lacks in infrastructure.

Concentration on domestic productivity further mitigates the risks of having to export raw commodities that are subject to volatile global prices. Diversification of domestic production and therefore consumption is heavily reliant on domestic infrastructure. Shortly, if the larger portion of your GDP come from domestic production and consumption the less susceptible you are to global commodity prices which are driven by global supply and demand which as a country you have no control over therefore there is all the incentives to focus on domestic infrastructure so that more of your gdp output is for domestic consumption

After the development of domestic infrastructure, then regional integration makes sense because the movement of goods and services in addition to people would benefit from already established domestic infrastructure among member countries.
 
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Harry B

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Buyers of said commodities are western mining companies and not East African companies think American, Canadian, Australian, Swizz and Chinese. The aim of regional and economic integration is to benefit the members of that bloc.

My overall point is to focus inward first the country has a tremendous deficit in infrastructure. Economic growth is a function of two factors : people (specifically skilled educated working age) and capital (capital as in plants equipment machinery) and infrastructure. DRC has people however lacks in infrastructure.

Concentration on domestic productivity further mitigates the risks of having to export raw commodities that are subject to volatile global prices. Diversification of domestic production and therefore consumption is heavily reliant on domestic infrastructure.

After the development of domestic infrastructure, then regional integration makes sense because the movement of goods and services in addition to people would benefit from already established domestic infrastructure among member countries.
Nothing of this addresses the fact that the commodity market is global and export of excess supply is positive for the domestic economy — which was the only statement I made.

Just cause the US government should strengthen public health doesn’t mean that they should stop worrying about education. Nations can do two things, or more, at once.
 
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