Saturday, August 10, 2024

Africa's Elite Urged to Invest in Continental Growth, Not Just Personal Wealth

 President of the Emerald and Semi Precious Stones Mining Association of Zambia (ESMAZ),Victor Kalesha has called on Africa's wealthiest individuals to redirect their focus from personal gain to the development of the continent's abundant resources.

In a powerful statement, Kalesha expressed frustration over Africa's continued reliance on foreign powers despite its wealth of natural resources, including emeralds, gold, diamonds, oil, and gas. 

He criticized the continent's elite for prioritizing their own wealth over empowering small-scale miners and driving meaningful economic progress.


"Africa's wealthy have the power to break the chains of Western exploitation, yet too many choose to build their empires instead of uplifting our continent," Kalesha said. 

He urged Africa's richest leaders to collaborate with technocrats and invest in projects that would make Africa a global model of self-sufficiency and prosperity.


Kalesha highlighted the success of notable African billionaires, including Aliko Dangote of Nigeria and Nicky Oppenheimer of South Africa, as proof that Africa has the potential to thrive independently. 

He also called on prominent Zambians like President Hakainde Hichilema and Charles Milupi to lead by example in supporting local investment projects.

"Let's work together to prioritize Africa's development and unlock its full potential," Kalesha concluded. "The time for change is now."



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