Africa has the home advantage – it now needs to up the game
Lazarus Sauti
In team sports, home
advantage describes the psychological advantage that the hosting team is said
to have over the visiting team as a result of playing in familiar facilities
and in front of supportive fans.
With the backing of
singing supporters, the home team, in most cases, is considered to have a significant advantage over the
visitors.
Playing at home can be
a big bonus in sustainable soci0economic development too especially for Africa,
the continent remarked by American business magnate, politician and
philanthropist, Michael Rubens Bloomberg, as the ‘continent of the immediate
future’.
With its vast
resources, the continent can establish a strong base that can catapult countries
to greater economic transformation.
Devakumar Edwin of
Dangote, the hugely successful Nigerian conglomerate, believes that with vast
natural and natural resources, the continent of Africa is at an advantage – playing
with a home advantage in terms of the path to development and socioeconomic
transformation.
With its vociferous
supporters – natural and human resources – the continent, without doubt, is attracting greater than ever interest from the
international financial community.
To utilise its home advantage, Africa simply needs to up
her game so as to lay a firm foundation for her kick-start towards development.
“What will prove
decisive is Africa’s capacity to have a game changer that will radically
transform the structure of its economies and jump-start it towards
industrialisation,” equips Dr. Said Adejumobi, associate professor of political
science.
Industrial progress
that will trigger better living standards for Africans is, therefore, the key
for Africa to unlock the future.
“Industrialisation cannot
be considered a luxury, but a necessity for the continent’s development,” said
South Africa’s Nkosazana Dlamini-Zuma shortly after she became chair of the
African Union in 2013.
Dlamini-Zuma added that
this economic transformation can only happen by addressing certain priority
areas across the continent.
Accordingly, the
continent must come up with home-grown solutions, and these way-outs must support
local industries by offering tax holidays on top of credit guarantees.
Sustaining local
industries provides Africa with an opportunity to grant the much needed jobs
for young citizens since many countries across the continent are still
struggling to tackle mass unemployment – a burden that is hindering development.
Africans must also be summoned to invest within the continent.
This should take in trade between African countries as it is imperative in
order to overcome the limitations of the continent’s many small and fragmented
economies.
Governments, individually and collectively, must
develop conducive as well as supportive policy and investment guidelines. Clearly-defined
rules and regulations in the legal and tax domains, contract transparency,
sound communication, predictable policy environments, and currency and
macroeconomic stability are essential to attract long-term investors.
To be familiar with her
facilities, Africa must heavily invest in vital infrastructure such as rail,
road, power and telecommunications. Undeniably, the development of Africa’s energy sector is also a
prerequisite for growth in other industries.
More so, Africa needs to practice good governance – a way of organising,
amplifying, and constraining power, according to Rebecca MacKinnon – a blogger
and co-founder of Global Voice Online.
The
continent also needs to deal with corruption – a cancer more deadly that Ebola.
Pratibha Patil, Indian lawyer and politician, once reminded humanity that
corruption is the enemy of development, and of good governance. It must
therefore be got rid off.
To attract fans, supporters and sponsors, a football team should play an
interesting brand of football. In terms of development, Africa should add value
to her natural resources. By adding value to resources, the continent can
effectively change the lives of citizens.
Researcher Collence Chisita believes for Africa to settle
her future, she must document and be in command of her cultures – including her
critical information.
“It is shamefully
embarrassing that important information about the continent of Africa is often
concocted and dished from outside the continent. We rely on foreign institution
– research and media organisations – to give information about us,” he said.
The information
scientist goes on to say that with correct information, Africa can kick-start
her development.
Dr. Adejumobi agrees:
“With accurate and reliable data, Africa can plan and project, define its
vision, and chart the course of its future. Planning without reliable data is
indeed planning to fail.”
Accordingly, Chisita
and Adejumobi urge Africa to document her critical information and data.
To run away from the
away goals rules, the continent needs good coaches or schemers (leaders) of
President Robert Mugabe’s caliber – leaders who rise to the challenge of creating continental peace and co-operation.
With leaders of President Mugabe’s heart, the continent can realise its
strength and use its resources to kick-start development.
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