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Panelists:
• Patricia Amira, TV Show Host; Journalist (moderator)
• Aggrey Ambali, Head of Science, Technology & Innovation Hub, New Partnership for Africa’s Development
• Raj Bhan, Former Secretary, Department of Biotechnology, India
• Ruth Kagia, Senior Advisor, Office of the President, Kenya
• Gabriel Negatu, Regional Director, East Africa, African Development Bank
• Allan Pamba, VP of Pharmaceuticals, East Africa & Government Affairs, GlaxoSmithKline
• Marleen Temmerman, Chair, Department of Obstetrics and Gynaecology and Director, Women’s Health and Research, Aga Khan University East Africa
Africa Lost $100 Billion Because of Maritime Inefficiency. African Resources and Maritime Challenge.
Africa is an important continent considering it natural environment and resources. African population is projected to grow by 2025 and so does the trade within and outside the continent of Africa. With lots of uncertainty in the movement of goods and services, the Maritime sector has been left alone or not event considered part of some countries territories, most African nations do not have the capabilities to secure their maritime hence loosing greatly on trade as a result of the challenges that come with moving ships. The African continental free trade area could be the biggest test the African continent is yet t face in the movement of goods and service within Africa and abroad. In this video, there is a growing call for African experts and security officials to take some steps on combating maritime trade.
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#AfricanMaritime #AfricanResouces #AfricanDiaspora
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.3 billion people as of 2018, it accounts for about 16% of the world's human population
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On this edition of Hot Stoxx we discuss Pan African Resources. Our guests are Tshepo Modiba from Cannon Asset Managers and in Cape Town - Craig Martin from Sharetips.co.za.
GMJ editor Dominic Piper sits down with West African Resources (ASX: WAF) executive chairman Richard Hyde to reflect on the company's impressive performance at the Sanbrado gold mine in Burkina Faso, and being recognised as the 2021 GMJ Miner of the Year.
The pages of history bear witness to a painful chapter in Africa's story - the era of European colonial empires. Here, we confront the shadows of resource plunder, where the wealth of nations was built upon the backs of African communities.
Resilience Amidst Cultural Turmoil: Africa's Unbroken Spirit
In the face of cultural imposition, Africa's heart continued to beat strong. This continent, with its myriad traditions and languages, stood tall, nurturing resilience that would form the bedrock of a renaissance.
Rising from the Ashes: Post-Independence Struggles and Triumphs
Independence brought with it the promise of self-determination, yet it also bequeathed a legacy of fragile political and social structures. Through hardship and strife, African nations stood together, finding strength in unity.
Breaking Chains, Forging Paths: The Fight Against Neocolonial Shackles
As the shadows of the past linger, so too does the specter of neocolonialism. Yet, Africans are reclaiming their narrative, forging paths towards self-sufficiency and sustainable development.
Beyond Borders: Charting a New Course of Collaboration
The global stage calls for a new paradigm. It beckons Europe and Africa to come together as partners, not patrons. It is in unity that we find the power to dismantle old structures and construct a future of shared prosperity.
The Imara African resources fund has delivered a compounded annual return over the past 3 years of 1.8%, this against the fund's benchmark, the MSCI World Commodity Producers Index delivering a return of 11%.
Jan Nelson, CEO of Pan African Resources, talks about a planned platinum group metals project that can reach payback within three years, acquiring the Barberton gold mines outright, increasing earnings per share by 30%, increased liquidity and institutional support, and the strategic advantage in having Shanduka Resources as a major shareholder.
http://www.proactiveinvestors.co.uk/
Rep. Chris Smith (R-NJ), Chairman of the Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations, questions the witnesses at a hearing on African natural resources.
Subcommittee Hearing: Is There an African Resource Curse?
Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations | 2167 House Rayburn Office Building Washington, DC 20515 | Jul 18, 2013 2:00pm
There's something missing from this "$1.6 Trillion Dollars in spending power" thing!
"Just because you’re poor doesn’t mean you have to look like you’re poor."
Today we're going to talk about what black people are spending our money on, why that is, and whether there's anything *we* can do about it. Any of it. As you'll see today, there may be opposition to black buying power, and it isn't who you think it is... or is it..?
Tiktok used in this video was from @GarrisonHayes
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Be sure to get the book out now! Already more than 50k+ generated digital downloads alone!
The Myth and Propaganda of Black Buying Power (Palgrave 2020)
http://www.imixwhatilike.org
With increased protests in the streets and exploration of solutions for continuing police violence and persistent inequality has come renewed calls for the deployment of collective economic strength, particularly in the form of boycotts and reinvestment in Black banks. This has also brought about some renewed focus on the notion of "Black buying power." In this edition of imixwhatilike! we spend a day in the life of explaining, discussing and debating what i call The Myth of Black Buying Power. The myth claims Black America has more than $1 trillion in annual spending power which confuses many about the nature of capitalism, economic inequality or the meaning of "power" itself. With the help of radio hosts Jennifer Bryant, Netfa Freeman, Garrett Harris (WPFW 89.3 FM) and Eugene Puryear (Sputnik Radio) - and even an on-air debate with B. Doyle Mitchell Jr., president and CEO, Industrial Bank - i attempted to explain my conclusion.
The wealth of Black people in America and the gap between other racial groups has been well documented, but that doesn't mean Black folks don't have any money to spend. Even though the racial wealth gap is actually widening, the black dollar accounts for over 1 Trillion dollars a year in spending.
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⏳ TIMESTAMPS:
0:00-2:35: Intro
2:35- 3:59:The black dollar
3:59- 6:39: Money Circulation
6:39-7:09: Buying power
7:09- 9:06: Buying black
9:06- 9:54: Why Black businesses are declining
9:55- 11:05: Black lineage
11:05- 11:28: Black Banks
11:28- 13:57: Life insurance
13:57- 15:53: Pushing the black dollar
15:54- 16:28: Outro
Money circulates one time in the African American community, six times in the Latino community, and nine times in the Asian community. In white neighborhoods, money circulates nearly an unlimited number of times.
Let's Educate ourselves to own businesses and create equity in our own community.
#business #blackdollar #blacklifematters
CNBC's Frank Holland joins 'Squawk Box' to report that Black spending power reached a record $1.6 trillion in 2021, although the group's net worth declined 14%. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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African American Consumers Spending Power. Lets spend with each other and fix the poverty problem in our culture.
The buying power of Black Americans makes them one of the largest economies in the world, but Black Americans spend only a small percentage of their money supporting Black-owned businesses.
Spending power of the Black community
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Peace And Love Folks
Black consumers are speaking directly to brands in unprecedented ways and achieving headline-making results. Throughout 2017, popular brands witnessed the power of Black Twitter and the brand impact of socially conscious Black consumers. Through social media, Black consumers have brokered a seat at the table and are demanding that brands and marketers speak to them in ways that resonate culturally and experientially—if these brands want their business. And with African Americans spending $1.2 trillion annually, brands have a lot to lose.
This video is part of a bigger presentation Christine Michel Carter delivers at conferences and in the media on black consumers called "Creating Content for a $1.5 Trillion Audience." For more information or to have Christine deliver this presentation, please visit her Speaking page on christinemichelcarter.com. For testimonials about her work with brands, visit her Testimonials page on christinemichelcarter.com.
Why do Black women matter for brands?
It's critical for companies (even those run by women) to understand women of color influence up. Winning with us is more critical than ever before, because our trends and spending behavior have the ability to influence other generations and races at an accelerated, digital speed.
We also parent politically. We are ambitious and trying to change the world for our children, but we can make or break a brand with our vocal, outgoing, influential and involved nature. It’s important for women entrepreneurs not to ignore the realities of today’s divided, racially charged America.
Lastly, we’re social mamas. Women of color spend a huge amount of time on social networking sites, more so than other races, and it’s because we engage with brands and social causes. Women-run/owned businesses' digital content need to captivate us as an audience, and we will gladly serve as their patrons.
African Americans make up 14% of the U.S. population but have an undeniable buying power and influence on our nation's economy. According to Nielsen, “black buying power will rise to $1.54 trillion driven by gains in population, income and education. Working-parent lifestyles have led Black people to over-index against the total U.S. population for dollars per buyer spent in a majority of categories.”