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DOLLAR SCARCITY ISSUE IS STIFLING GLOBAL GROWTH, ESPECIALLY IN AFRICA...

Many African countries are experiencing serious foreign exchange shortage that is crippling their economy and creating record high inflation. How do we solve this perennial problem?
Let's address the problem of insecurity that is precluding the continent from maximizing its tourism and direct foreign investment potential.
 
Let us work to reduce importation of everything including toothpick.....petroleum products, rice, wheat...these are the major draw of foreign exchange in many African countries...that is crippling their economy.
 
Let us boost local production of value added products... Cassava starch and pellets, chocolate not cocoa, textiles not cotton, peanuts butter not peanuts, cashew products not unprocessed cashew...
Let us buy local...local SUVs, local rice, local wines, local furniture, local fabrics, local shoes,....... compel manufacturers to come open factories on our land.. Let's give incentives to investors who wants to come...let our rich and middle-class buy mostly local..
 
Let us make provisions for utilities that support manufacturing...constant power supply, maybe through renewable..wind, solar, etc ... the sector needs to be taken out of the government....
 
Maybe it is high time there were other competing currencies to the dollars for global trade. Dollars scarcity is a major issue for many poor countries like Nigeria, and developing economies like Saudi, Turkey, India, .....
I know we know these things... let those who lead prioritize these things above other things....abi....

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