By David Himbara
Kagame Said That Africa Is Not Poor But Has A Poor Mindset. Africa Consumes Instead Of Investing. Kagame Is Absolutely Right. Except That He Is The Best Example Of This Disease.
President Paul Kagame made a brilliant speech on why Africa remains poor. According to him, Africa remains poor because Africans spend mostly on consumption instead of investing. Kagame eloquently described this African disease as follows:
”There is this myth that we always have to look outside the continent to fund major initiatives. But this simply cannot be true when Africa is losing billions every year through lost taxes, sending private assets abroad, and other factors.
We are not poor, not at all.
The issue has more to do with the mindset, that it is normal to use our money for consumption, while we leave strategic, long-term investing to others. It means that no matter how much we earn, we would remain poor.”
Kagame is absolutely correct — except that he is the best example of the disease he is describing. Kagame has the biggest farm in Rwanda covering an entire hillside of 45 hectares. Kagame jets around the world in a US$65 Million Gulfstream luxury jet. Kagame has a fleet of four Range Rover Sentinel that costs US$500,000 apiece.
Meanwhile, Rwanda is one of the poorest countries in the world. There are only 18 countries in the world that are poorer than Rwanda. Conflict-ridden Haiti to which Kagame contributes peacekeeping forces is richer than Rwanda. Haiti’s per capita income is US$739.6 versus Kagame’s Rwanda at US$702 .8. And yet, Kagame lives like a king.
Somebody share with Kagame Matthew 7:5 — ”You hypocrite, first take the plank out of your own eye, and then you will see clearly to remove the speck from your brother’s eye.”