Nigeria has never been a country. Nigeria is a joke. All the Chinese infrastructure are scam, bad roads, abusing their factory workers. The Nigeria politician used the money borrowed from China to finance their lifestyle.
Nigeria has become the poverty capital of the world: A new report by The World Poverty Clock shows Nigeria has overtaken India as the country with the most extreme poor people in the world. India has a population seven times larger than Nigeria’s. The struggle to lift more citizens out of extreme poverty is an indictment on successive Nigerian governments which have mismanaged the country’s vast oil riches through incompetence and corruption. The 100 million plus Nigerians now living in extreme poverty represents nearly 50% of its estimated 200million plus population. As Nigeria faces a major population boom-it will become the world’s third largest country by 2050-it’s a problem will likely worsen. But having large swathes of people still living in extreme poverty is an Africa-wide problem. Our question to each and everyone of you guys on this platform is, what are you doing or what plans have you got to play your part in the Nigerian economy? As we all know if you wait on the government, you will be waiting forever. Nigeria has got lots of potential but it is abandoned by Nigerians and if only we all come together to play our part in the economy, Nigeria would be a better country. Play your part and stop waiting for our corrupt leaders to take action, chances of that happening is second to none.
And they like to say south Africa is built by white people and that they have independence and build their own things yet they keep borrowing money to sustain their economies🤣🤣
You use 'Africa' as though it were a continent home to a homogeneous race/culture. You're were one of those Afrocentric types, I gather. Yeahhhh, man, you guys are ubiquitous. In the real world, however, you'd do well to understand that Sierra Leone could give two shits about the affairs of Somalia, or Namibia about Chad. Please put the coloring book/kindergarten politics down.
@Vincent Vermeer Well put, good man. Realism serves you well. Unfortunately, most approaches to socioeconomics in the modern era are becoming increasingly immature in their expectations.
That is an impossible idea. Management proves that it is easier to divide an institution into different departments so that it is easier to manage because you don’t have to deal with one big mess by yourself. So countries should remain countries and sort out our issues as factions. Imagine if one Office dealt with the whole of Africa’s economy we’d be poor than ever with all the corruption. So it’s good we divided with different presidents with different mindsets so that one good African country that has a good president can lead by example. It creates hope when one country can become a jewel nation. With 54 countries it’s impossible for all those presidents to be rotten but with one country it’s a 50/50 chance so if the government is corrupt the whole of Africa suffers. No thank you. We’ll stay divided until we fit enough to be one big country and when we don’t see corruption as a threat. But for now we not ready.
We talked about this everyday we never brought any change it's time to wake up and smell the coffee we need to preserve our Africa for ourselves and our children and grandchildren!
You mind want to change your mind on realizing that the greatest economies such as US, Russia, Israel, UK are the biggest debtors... on a smaller scale in your village the wealthiest chap has the biggest debt. JPM is giving u a false hope.
As a Kenyan i can arrogantly say that once the regime changes, The Chinese will have to go recover their money from the people they lent it to, We shall not be compelled to pay for the purported debts sealed between politicians and few Chinese individuals.......Let them lend us with caution and establish that the money given for a project is properly utilized and the projects being funded are feasible and beneficial to the citizens of this great republic of Kenya.
Africa has no one to blame,but bad governance.There is no reason for ghana with vast arable land and human resources,majority of them are jobless,should export gold and diamond and use the proceeds to pay for rice and other food imports.If ghana government can facilitate a policy to make ghana self reliant in rice production,for example,the millions or a billion dollars rice importation,can be to build infrastructures in ghana.Ghana creates jobs in foreign lands by buying their rule.So Africa leaders are to be blamed for neocolonialism.ghana cannot survive,if eighty percent of the work force get paid under the table.Goverment must ensure more formal jobs are created so income tax can be collected for development of the country.And it will catapult ghana on road to modernization,not merely having beautiful architecture of buildings,while millions walk aimlessly on city streets with no jobs.A word to the wise is enough,
Debt isn't bad for as long as your using it to build revenue earning projects ;that will pay back the debt effectively and build the economy to a point that you won't need anymore debt in future . The downside is our leaders always take loans , steal most of it, or use it to build sensless projects that are nothing but liabilities, which end up costing more to maintain than they did to build.
Thank you!!! Most countries in the world have debt. The United States has trillions of dollars with of debt. This loan will build up Africa and create jobs. It will also open up opportunities for ownership. The debt will be paid and Africa will become a superpower
You are right but the problem we don't see thr infrastructure where as that is the deal they make with China before getting the debt but all end up in private pockets and unfinished projects
That money they borrow increases when it comes to repayment probably because of the interest. It never reduces. China gives these loans to countries that they know cannot pay the debt in due time.
That's true. However, when it comes to these loans between countries or any other contracts for that matter, there is always a discussion beforehand. Where both parties are meant to draw the lines with what they are comfortable with, and what they are not comfortable with. Negotiations can take forever till middle ground is reached . Now the bad thing is a lot of our leaders don't care how the debt will be repaid, they are blinded by greed.They are advised against debt contracts that will trap them, but they don't care about the fine print, they just want the money. I am not saying those offering these loans are Saints, no. They have their dubious plans as well (they are known for their shrewd business acumen after all ),but they don't strong-arm anyone into signing (Not yet anyway). If a country's leaders have any sense, they cancel the contract and send it back when they see it isn't helping their people and is a trap ,and the other country is not willing to negotiate. That's what Tanzania's leaders did. They noticed a contract that the previous regime had entered into was questionable, so they insisted on revisiting discussions, with the possibility of either making the contract fair or cancelling it long term . But other leaders know damn well its a trap, but sign anyway because they are thinking of their own pockets.
Thats because of our leaders ,they are greedy and stash most of it in personal bank accounts and fail to develop their own countries, also there's a lot of looting by foreign countries. Combine the two factors, and you get poverty.
The SGR project from MOM-NAI costed 2.3 billion USD, independent international railway experts estimated that it should not have costed more than 1.5 billion USD. The question is why bought Kenyan politicians an overpriced project without any proper request for proposals from different bidders and other competing companies? The answer is very simple: China filled the pockets of all involved Kenyan politicians with tons of money. It's always the same story in most African countries. Can you imagine why most presidents of African countries are also the richtest person in their countries?
@Vincent Vermeer dude stop lying SA does not owe China 200bilion dollars and more to China😑😑🚮🚮 get your facts straight!!! So We do owe China but on a Small scale🚮🚮 mumu!
Of course South Africa is already owned by colonial settlers there (Europeans) and currently Chinese are a threat to their comfortable superiority over AFRIKANS. Colonial countries in AFRIKA were artificially created by colonial masters to serve the interests of Europeans and their children, which they are doing quite well through the political colonial machinery. The continued existence of these countries (colonial companies) is a disgrace to AFRIKA and humiliating to AFRIKANS. They will never serve us as AFRIKANS until we wakeup and take back AFRIKA back into our OWNERSHIP and TOTAL CONTROL.
I won't lie, i was expecting my country to make the list...dominate the list in fact. I'm talking about "top 3" type of domination. Today, i've learnt something new about these great African countries. South African here.
@Vincent Vermeer Well you clearly have reading issues, when did i say we don't have a debt? It's okay to just shut up, drink some water and mind your own business sometimes.
So sad these countries have a large population of educated pple and to make things worse many other African nations are still owing China yet we say we are independent,Africa is still a colony one way or the other
"Large population of educated people ...." Hmmm ... And ask yourself why Africa is still a continent owned by others than Africans ... Take a look at African leaders and and their public servants :-) (Tanzania being a slight different story under Magufuli .... until he botched the Corona response and fell victim to it along with many in his administration)
It will be great if the debt are present as percentage of the GDP of the countries. This will give a clearer idea on the ability of the countries to repay the debt.
South Africa may not be owing China a lot but we owe everyone else- and China too although not among the top 10. Almost 60 percent of our GDP is debt. Ideally the debt to GDP ratio should not exceed 25 percent.
Wow sounds like Gadaffi and my Iddi Amin. Your president is wise. At least your minerals are not being taken by the west . Your grandchildren will be enjoying while these loan thug countries will be slaves
The West refused to invest much in Africa, esp infrastructure, so Chinese trade and investment is we,cone and has been making a positive difference. African leaders do need to understand that China has expectations, as do all powerful donors. Mineral wealth does not make a country “wealthy” as DRCongo illustrates. However DRCongo has little alternatives, and badly need roads etc.
@@muhamadndove5547 mmmh jmni yaani mpaka uwaseme? wacheni jmni watu wa watu na deni lao. watalipa hilo halituhusu sie. tunatakiwa kutembea kwa unyenyekevu. sio ujirani mwema ndugu yangu. tusifanye hivo. wanapofanikiwa nasi tunafanikiwa. wakiwa kwenye madeni kwetu ni hasara pia. facts ni kibao kwann nimesema hivo
wow.. i never knew there was a channel like this one giving us these type of contents. good bro. can we link up? i want to start creating content relating to africa
IMF is evil but they canceled debts many, many times! Count on China for never cancel a debt, or conceived a single penny! China is sneaky, they have corrupted all the Africans leaders and opinion makers!
Once the yield rate is higher than the interest rate, it is profit. Meanwhile the inflation rate is higher, the infrastructure is reevaluated. That is investment. It is very common in developed countries.
@@raymondchikuku1809 But Africa also exports to China without African raw materials and now even agricultural produce China cannot manufacture shit. We also buy from them and can also impose trade restrictions.
I have a landfill site and i dont have money to build infracture or exavate resource. I got a loan from ABC bank and develp it. After developing site either i sold resource excavated or service my structure generated and i pay my loan back its simple.
@Abyssinia 024 every country been thru civil war or going thru it unfortunately our country is one of them but now we are actually doing a lot better than 2006 when the whole country was controlled by Alshabab terrorists organization that have ties with isis and alqeada today they are hiding in the mountains and border towns our main goal is to end them and rebuild somalia image and build diplomatic relation around the world we will take our rightful place in Africa soon
@@odiranks2104 🤦🏽♂️🤦🏽♂️ Wow the level of ignorance u’re displaying is incredible, u owe billions of dollars to China which generations of Kenyans will be liable to pay and u are here shameless blagging about currency power🤦🏽♂️, what’s the benefit of a powerful currency while some Kenyans can’t even afford one meal a day and the majority relying on Sukuma and sima to survive? 🤔. Not only that Chinese has been disrespecting both of u including ur president by calling u monkeys in ur own soul and still u let them leave the country as Kings instead of locking their asses in prison👀
We, Africans have to unite and liberate Africa from this mess by being innovative. It’s just sad to see some people here in this comment section celebrating that my country is not here lol your country is next it’s only a matter of time, that’s if we don’t take action ASAP. There’s a lot of hate and unnecessary competition amongst African nations and descendants it’s just sad
@Upblackrace Westafrica why are you always so obsessed with north Africans...??nothing will ever change and a united africa will also include them,as you can see they are also members of AU
@Upblackrace Westafrica to change the South African constitution we only need a 66.67% (2/3) majority vote in parliament. SA demographics are: Black - 80.2% White - 8.4% Coloured - 8.8% Indian/Asian - 2.5% Other - 0.1% So you can see there'll be enough votes if needs be. As long as all those eligible to vote make there mark incase a referendum is required.
Sad to see Nigeria in this list...the only country in Africa that was able to give loans and gift millions of dollars to Western countries back in the day...now they are borrowing money, sad indeed
@Upblackrace Westafrica than officials must be stealing the money. A country like Nigeria with all her resources don't need to bag from no one. God bless Nigeria 🇳🇬 and her people.
@Upblackrace Westafrica why does you so call ill mannered govt borrow loans .Giant of producing babies yet you can't use your string economy for devpt...with Oil in Nigeria ....is the same as having a well with no water
@Upblackrace Westafrica but I really get iiriitated with Nigeria alot a strong economy with weak infrastructure to the point of your pple seeking medical sector to kenya.Eish !!! I mean corruption must be at its best there.I expect Nigeria to be more advanced but its the opposite ...also due to your high pop I expected you to give loans to small countries like Lesotho eswatini liberia I'm not belittling the countries tho...The day Nigeria shall awaken I'll be happy....plus your pple are more mannerless...I met a Nigerian guy at Nairobi hospital and he looked stranded so I decided to help him out ....I asked him what the matter was and do you know the reply I got " the matter is with my mum " that's when I started hating Nigerians ....they are in my country seeking for medical attention yet they talk to me like trash.I. real sense that guy was bitter since kEnya medical sector is better than theirs.The joy of kenya should be joy of nigeria and Vc
I am feel so bad I call me an African,why we can't helping each other ,why let China helping our continent,they want the continent not helping the people. Please let stand together and helping to get our continent back ,we really don't need China 🙏🙏🙏🙏
Don't feel bad. We owe them over 1.2 trillion. Welcome to infrastructure 101 and the global economy where everyone owes everyone. It cost to be a secured and developed country. Once your countries gets on their feet and learn more, you will soon be the loaner and not just the borrower.
Dum you realy are south africa have taken $1 trillion maney frum china to help its people but the criminals the anc dit take that maney for them self and the usa also gif $1 trillion south africa is dun china ore the usa kan take south africa frum the criminals that steal the country rotten sins 1994
you, are either colony of china or on the long list of debtors of world bank and IMF so its a matter of who you wannna go to bed with. no third option trust me
As much as I would like to take pleasure that my Country Tanzania is not in the top 10, I feel for all other Countries like Angola, with that amount of Dept, there is less and less hope that Future generation is going to be free. bad news we don't see that much development in the said Countries. Sad very Sad Situation
I thought we established this already. I issue isn’t with taking loans to finance projects. The issue is the the interest charge which leaves projects economically non viable. It’s not to develop Africa, but to create dependence on foreign countries. This doesn’t create equality or a fair basis for furniture trade when you’re indebted prior to negotiation. What’s the point of building what is affordable but having to pay back amounts you can’t fund?
@@romanusfikiri3194 but you owe turkey almost the same amount that kenya owe china ,weelcome to the party kaka blza No african countries is debt free just like our brains.
@TILLMAN Tz they owe turkey for their SGR,I have the TZ statistics also when you count loans from IMF they have much so their is no any African country free from debts
10.) DR Congo - $3.4 billion
9.) Ghana - $3.5 billion
8.) Nigeria - $4.8 billion
7.) Cameroon - $5.5 billion
6.) Zambia - $6 billion
5.) Sudan - $6.4 billion
4.) Republic of Congo - $7.3 billion
3.) Kenya - $7.9 billion
2.) Ethiopia - $13.5 billion
1.) Angola - $25 billion
Abiy Girma Very very sad
I'm just crying over here seriously😭😭😭😭😭😭😭
Um surprised South Africa is not here
Shame beyond description. !!!!
Soo shamful
Thank you our President Magufuli. We are not longer in this shameful list
God is Great
Sudan will be next
But you will never grow
@@andrewmwangi2972 what happened to our good neighbor?
ANDREW MWANGI that's ok but we won't be owned by china
Very sad that Nigeria is here, Nigeria supposed to be lending money to other African countries 😭😭
Uptown Chidon I hope they pay it back🙄🙄
Nigeria has never been a country. Nigeria is a joke. All the Chinese infrastructure are scam, bad roads, abusing their factory workers. The Nigeria politician used the money borrowed from China to finance their lifestyle.
Nigeria has become the poverty capital of the world:
A new report by The World Poverty Clock shows Nigeria has overtaken India as the country with the most extreme poor people in the world. India has a population seven times larger than Nigeria’s. The struggle to lift more citizens out of extreme poverty is an indictment on successive Nigerian governments which have mismanaged the country’s vast oil riches through incompetence and corruption.
The 100 million plus Nigerians now living in extreme poverty represents nearly 50% of its estimated 200million plus population. As Nigeria faces a major population boom-it will become the world’s third largest country by 2050-it’s a problem will likely worsen. But having large swathes of people still living in extreme poverty is an Africa-wide problem.
Our question to each and everyone of you guys on this platform is, what are you doing or what plans have you got to play your part in the Nigerian economy? As we all know if you wait on the government, you will be waiting forever.
Nigeria has got lots of potential but it is abandoned by Nigerians and if only we all come together to play our part in the economy, Nigeria would be a better country. Play your part and stop waiting for our corrupt leaders to take action, chances of that happening is second to none.
Why do you feed your citizens first?
@Dami if so they should have payed.. Nigeria is broke
South Africa nowhere in this forbidden list.....keep it that way Mzansi!
And they like to say south Africa is built by white people and that they have independence and build their own things yet they keep borrowing money to sustain their economies🤣🤣
China is slowly trying to take over Africa.
You would rather US to take over African like they did to Mideast ? Send you weapons and bomb?
Yes.You need money to develop a country.Their leaders should not steal.See how Lee Kwan Yew develop Singapore.
@@itsannah8270 lol but the blacks are still the squatters there the white are not 😁🤗
Can Africans come together and resolve to stop getting loans from China???
When they stop their politically motivated wars and corruption scandals
You use 'Africa' as though it were a continent home to a homogeneous race/culture. You're were one of those Afrocentric types, I gather. Yeahhhh, man, you guys are ubiquitous. In the real world, however, you'd do well to understand that Sierra Leone could give two shits about the affairs of Somalia, or Namibia about Chad. Please put the coloring book/kindergarten politics down.
@Vincent Vermeer Well put, good man. Realism serves you well. Unfortunately, most approaches to socioeconomics in the modern era are becoming increasingly immature in their expectations.
That is an impossible idea. Management proves that it is easier to divide an institution into different departments so that it is easier to manage because you don’t have to deal with one big mess by yourself. So countries should remain countries and sort out our issues as factions. Imagine if one Office dealt with the whole of Africa’s economy we’d be poor than ever with all the corruption. So it’s good we divided with different presidents with different mindsets so that one good African country that has a good president can lead by example. It creates hope when one country can become a jewel nation. With 54 countries it’s impossible for all those presidents to be rotten but with one country it’s a 50/50 chance so if the government is corrupt the whole of Africa suffers. No thank you. We’ll stay divided until we fit enough to be one big country and when we don’t see corruption as a threat. But for now we not ready.
Angola my country first one corruptos leader?
Atleast South Africa isnt on this list. where are my fellow south africans?
But we should not be relaxed I don't trust my president
I was surprised SA is not there Atleast 😭
do you reallly things the whites will allow south africa to be controlled by china?? white monopoly does not need china
We have the Guptas
SA is there , just not in the top 10
We talked about this everyday we never brought any change it's time to wake up and smell the coffee we need to preserve our Africa for ourselves and our children and grandchildren!
God bless Tanzania and his people
Tupo pamoja ndugu
they EVERYWHERE make a deal with governments our country in shambles
Bless Tanzania for what.
@@christisgodd for everything
Watoto wa magufuli
Thanks God,Tanzania is not among this shameful list.
Thank you JPM!
Tumshukulu sana rais wetu mpendwa
@@adamkasasa4290 Kwa hili tumetisha
Wallah tena naona Zambia na Kenya wanaongoza kwenye list
You mind want to change your mind on realizing that the greatest economies such as US, Russia, Israel, UK are the biggest debtors...
on a smaller scale in your village the wealthiest chap has the biggest debt. JPM is giving u a false hope.
My dear Kenya sold it soul to the devil
stop victimizing yourself and face reality, you either use your brains or someone will give you orders
@@tillman4320 yea once a 1st world country nothing because eu intervened lol
No country can make it without debt so relax and don’t believe all the nonsense propagandas.
😆 😆 😆 😆 We know that
@@menradmwaliko3661 who is a fool.. A person who sees the truth knows it and still believes lies 🤥
Let us borrow from ourselves, Yes We Can. #Tunaweza in President Magufuli's voice
The moment I saw the headline I knew my country was part 😀😀😀 Ghana!
Aww say it again 😂😂😂
As a Kenyan i can arrogantly say that once the regime changes, The Chinese will have to go recover their money from the people they lent it to, We shall not be compelled to pay for the purported debts sealed between politicians and few Chinese individuals.......Let them lend us with caution and establish that the money given for a project is properly utilized and the projects being funded are feasible and beneficial to the citizens of this great republic of Kenya.
All hail Kenya 🇰🇪
AND YOU WONDER WHY IT'S ALMOST IMPOSSIBLE FOR AFRICA TO BE INDEPENDENT,YOU HAVE THE ANSWERS.R.I.P QADDAFI
Africa has no one to blame,but bad governance.There is no reason for ghana with vast arable land and human resources,majority of them are jobless,should export gold and diamond and use the proceeds to pay for rice and other food imports.If ghana government can facilitate a policy to make ghana self reliant in rice production,for example,the millions or a billion dollars rice importation,can be to build infrastructures in ghana.Ghana creates jobs in foreign lands by buying their rule.So Africa leaders are to be blamed for neocolonialism.ghana cannot survive,if eighty percent of the work force get paid under the table.Goverment must ensure more formal jobs are created so income tax can be collected for development of the country.And it will catapult ghana on road to modernization,not merely having beautiful architecture of buildings,while millions walk aimlessly on city streets with no jobs.A word to the wise is enough,
Debt isn't bad for as long as your using it to build revenue earning projects ;that will pay back the debt effectively and build the economy to a point that you won't need anymore debt in future .
The downside is our leaders always take loans , steal most of it, or use it to build sensless projects that are nothing but liabilities, which end up costing more to maintain than they did to build.
Thank you!!! Most countries in the world have debt. The United States has trillions of dollars with of debt. This loan will build up Africa and create jobs. It will also open up opportunities for ownership. The debt will be paid and Africa will become a superpower
You are right but the problem we don't see thr infrastructure where as that is the deal they make with China before getting the debt but all end up in private pockets and unfinished projects
@@waibeah2257 Then build infasctructure, roads,buildings,bridges,Etc....
That money they borrow increases when it comes to repayment probably because of the interest. It never reduces. China gives these loans to countries that they know cannot pay the debt in due time.
That's true. However, when it comes to these loans between countries or any other contracts for that matter, there is always a discussion beforehand. Where both parties are meant to draw the lines with what they are comfortable with, and what they are not comfortable with. Negotiations can take forever till middle ground is reached . Now the bad thing is a lot of our leaders don't care how the debt will be repaid, they are blinded by greed.They are advised against debt contracts that will trap them, but they don't care about the fine print, they just want the money. I am not saying those offering these loans are Saints, no. They have their dubious plans as well (they are known for their shrewd business acumen after all ),but they don't strong-arm anyone into signing (Not yet anyway). If a country's leaders have any sense, they cancel the contract and send it back when they see it isn't helping their people and is a trap ,and the other country is not willing to negotiate. That's what Tanzania's leaders did. They noticed a contract that the previous regime had entered into was questionable, so they insisted on revisiting discussions, with the possibility of either making the contract fair or cancelling it long term . But other leaders know damn well its a trap, but sign anyway because they are thinking of their own pockets.
My Africa , yet still we are still poor .After all this loans they have given us.they are gradually taken the continent, Hmm May God help us.
dont mind the future of africa is black ,happy now
Thats because of our leaders ,they are greedy and stash most of it in personal bank accounts and fail to develop their own countries, also there's a lot of looting by foreign countries. Combine the two factors, and you get poverty.
God?? You must weak up, make action and move.
The real issue is not debt by my own honest opinion,the issue is how u spend the cash,am sorry,corruption is killing my country Kenya,
That's not only in Kenya but everywhere in Africa. It's sad...
The SGR project from MOM-NAI costed 2.3 billion USD, independent international railway experts estimated that it should not have costed more than 1.5 billion USD. The question is why bought Kenyan politicians an overpriced project without any proper request for proposals from different bidders and other competing companies? The answer is very simple: China filled the pockets of all involved Kenyan politicians with tons of money. It's always the same story in most African countries.
Can you imagine why most presidents of African countries are also the richtest person in their countries?
Imagine exchanging your resources with Noodles and Kung Fu lessons 😭😭 shame
😭😭
Yhoooo dead😂😂
Top 3 🇰🇪🇰🇪 on firee 🔥🔥🔥🔥🔥🔥
Im glad South Africa is not dominating these lists this time around.
The Ultimate Lightskin Hey what’s up
Shut up, even USA owe China 1 trillion + dollars
@Vincent Vermeer dude stop lying SA does not owe China 200bilion dollars and more to China😑😑🚮🚮 get your facts straight!!! So We do owe China but on a Small scale🚮🚮 mumu!
@@asheskomplicated7985 they always looking for reasons to hate on South Africa
🇳🇦🇿🇦 My two countries are not there... 👌👌👌❤️
But Namibia will soon be there😢😢
@@panduellyshinyama3821 really?😔why is that so?
Yaaaaz, i am so proud too....
But we should be, you know
Of course South Africa is already owned by colonial settlers there (Europeans) and currently Chinese are a threat to their comfortable superiority over AFRIKANS. Colonial countries in AFRIKA were artificially created by colonial masters to serve the interests of Europeans and their children, which they are doing quite well through the political colonial machinery. The continued existence of these countries (colonial companies) is a disgrace to AFRIKA and humiliating to AFRIKANS. They will never serve us as AFRIKANS until we wakeup and take back AFRIKA back into our OWNERSHIP and TOTAL CONTROL.
4.8 billion is nothing for a nation with an economy as large as Nigeria’s.
you make nigeria proud
We walked right into a modern colonization. 🤦♀️
And we still blame the white man, for what. We can up skill our own work force
you are ridiculous
I won't lie, i was expecting my country to make the list...dominate the list in fact. I'm talking about "top 3" type of domination. Today, i've learnt something new about these great African countries. South African here.
@Vincent Vermeer Well you clearly have reading issues, when did i say we don't have a debt? It's okay to just shut up, drink some water and mind your own business sometimes.
So sad these countries have a large population of educated pple and to make things worse many other African nations are still owing China yet we say we are independent,Africa is still a colony one way or the other
ruclips.net/video/JK9ja8xWmHA/видео.html
"Large population of educated people ...." Hmmm ...
And ask yourself why Africa is still a continent owned by others than Africans ...
Take a look at African leaders and and their public servants :-)
(Tanzania being a slight different story under Magufuli .... until he botched the Corona response and fell victim to it along with many in his administration)
@@abocas That's very enlightening thanks
It will be great if the debt are present as percentage of the GDP of the countries. This will give a clearer idea on the ability of the countries to repay the debt.
That is basically the opposite of gdp per capita .
Kenya never misses top 10 in any African listing whether positive or negative.
😂😂😂ooh my beloved country kenya
msijali jirani mambo yatakuwa mazuri tuu..mumuombeeni Kenyatta atalipa madeni yote before he comes out of office
Lol 😆🤣dats funny
Good thing is positives are many than negatives
Can you post the countries with the most Chinese people living there
There is alot
Pixel Smile I hope not
Angola and Nigeria
@@AS-ux2fw south africa
Check Zambia... Chines even started calling them foreigners in their own land. They even built an airport, and bank for Chinese.
Proud of my country SA 🇿🇦🇿🇦
Let me wait
We owe Bank of BRICS
@@lesibamashaba3898 We are the member of BRICS
@@lesibamashaba3898 China....China....China...
South Africa may not be owing China a lot but we owe everyone else- and China too although not among the top 10. Almost 60 percent of our GDP is debt. Ideally the debt to GDP ratio should not exceed 25 percent.
You else came to see if their country is there?
I know no one asked but I'm from Botswana btw living in SA currently.
Yohhh.... Im relieved 🇧🇼🇧🇼
@@yamemotshosi6433 botswana is a British protectorate
ERITREA never took loan from no one ,that makes Eritrea debt free ,I m so proud of our leadership
Who knows? No information about Eritrea because of the dictator man
@@fachetv1232 ngereley eske befaka
U mean a dictatorship
Wow sounds like Gadaffi and my Iddi Amin. Your president is wise. At least your minerals are not being taken by the west . Your grandchildren will be enjoying while these loan thug countries will be slaves
Eritrea may not have Chinese debt, but it is very poor with no infrastructure and poor education system.
Thank God my country Sierra Leone is not in the list
U guys are almost not part of any list .wether good or bad u guys are not part. Bcoz ur country is too young.
Let's be real, African countries should be bowing down to Nigeria not China 🤦♂️😢
china is fooling them to accept the loans and taking them if they cant pay pack
The West refused to invest much in Africa, esp infrastructure, so Chinese trade and investment is we,cone and has been making a positive difference. African leaders do need to understand that China has expectations, as do all powerful donors.
Mineral wealth does not make a country “wealthy” as DRCongo illustrates. However DRCongo has little alternatives, and badly need roads etc.
Only Sudan (20% of GDP), Republic of Congo (65.4%) and Angola (27%) may have problem paying their debt. The rest owe 15% or less of their GDP.
What about IMF, world Bank etc? Could you make a video that compares side by side?
Yes. Good idea.
Thanks my country not in the list. Viva Tanzania.
Tunae rais anae jielewa
Where are the Kenyans at....wanapenda kujiona ni East Africa superpower kumbe ni mafala tu..wanadaiwa mpaka kope
@@muhamadndove5547 wewe ndio fala inakuhusu na nn deni yetu
@@muhamadndove5547 mmmh jmni yaani mpaka uwaseme? wacheni jmni watu wa watu na deni lao. watalipa hilo halituhusu sie. tunatakiwa kutembea kwa unyenyekevu. sio ujirani mwema ndugu yangu. tusifanye hivo. wanapofanikiwa nasi tunafanikiwa. wakiwa kwenye madeni kwetu ni hasara pia. facts ni kibao kwann nimesema hivo
what？Otherwise, do you want others to give you something for free? It's better than being colonized by western countries before，It's just a fair deal.
LETS KEEP ERITREA OF THIS LIST!
Somewhere in my work of poetry, I note that 'God alone knows who between the debtors and creditors will settle the debts'.
Thank god Namibia is not there
But we need to open our eyes or else will soon join others
Are ignorant, who owns uranium in our country,
dept is not only from china
@@saddammall3894 did you argue when Rio tinto was in Namibia 🙄
God not god
I thought Namibia took the first position,and i am very shocked that our country is not in the list
I'm glad namibia isn't on the list cause i plan on moving there...
wow.. i never knew there was a channel like this one giving us these type of contents. good bro. can we link up? i want to start creating content relating to africa
Great video, Next time do top 10 african countries who owe imf bank money
IMF is evil but they canceled debts many, many times!
Count on China for never cancel a debt, or conceived a single penny! China is sneaky, they have corrupted all the Africans leaders and opinion makers!
@@puppet1-170
You lie! Go ask the SrinLankan people about China debt! China isn t canceling debt, they cease lands, or commercials port!
13:00 Mulatu Teshome is the former president ... since 25 october 2018 there's Sahle-Work Zewde.
And you post your video before a week ?
I knew Kenya will be in top 3😂😂
You make me laughing
we can just overcome this by working hard to pay back .then Europeans who wants to keep Africa undeveloped. thanks CHINA
finnaly someone with a knowledge on geopolitics
You will never pay it back though lol. The way the deals are set up you will default on the loans within a few years and be owned by china.
The problem itself is not the debt, but how corrupt a politician is.
Once the yield rate is higher than the interest rate, it is profit. Meanwhile the inflation rate is higher, the infrastructure is reevaluated. That is investment. It is very common in developed countries.
AFRICA lets stop blaming other people for our problems
To keep perspective, The U.S owes 1 Trillion to China. So Africa, don't feel so bad.
@@raymondchikuku1809 But Africa also exports to China without African raw materials and now even agricultural produce China cannot manufacture shit. We also buy from them and can also impose trade restrictions.
What a shame for my country 🇦🇴 Angola 🤦🏾♀️
We must be careful with China in Africa....
Principally the long term interest and plan..
In my channel we have discussed to much about this issues.
Oh no those leaders were out of their senses but the good thing the young African are not stupid
Thank wedi afom, my eritrean country is free from debt
10.Drc congo
9.Ghana
8.Nigeria
7.Cameroon
6.Zambia
5.Sudan
4.Republic of Congo
3.Kenya
2.ethiopia
1.Angola
Whaaaat😳 Congo🇨🇬 Nooooo that's my dad's country. However in happy that South Africa didn't make a deal with them.
South Africa certainly owes them too
I really like your research. Thanks very much
When you sell your soul to the devil you will go down with him
I have a landfill site and i dont have money to build infracture or exavate resource. I got a loan from ABC bank and develp it. After developing site either i sold resource excavated or service my structure generated and i pay my loan back its simple.
Obviously many people need to learn what is investment. Learn the strategy of Marshall plan
Alx our Motherland is not the list of shame 🇸🇴🇸🇴🇸🇴🇸🇴💙
@Abyssinia 024 we fight each other but we never sell our own people and its natural resources
@Abyssinia 024 every country been thru civil war or going thru it unfortunately our country is one of them but now we are actually doing a lot better than 2006 when the whole country was controlled by Alshabab terrorists organization that have ties with isis and alqeada today they are hiding in the mountains and border towns our main goal is to end them and rebuild somalia image and build diplomatic relation around the world we will take our rightful place in Africa soon
@Abyssinia 024 ye bro I feel for our brothers and sisters in Ethiopia civil war is not good for the country and the youth
African countries to assist each other to pay this huge debts and to stop borrowing loans outside Africa.
Kenya, Ethiopia and Angola this country are so funny 😆 to be owning so much money 😂😃😂. Love you Nigeria 🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬
our money value is still higher than yours 🙃
@@odiranks2104 🤦🏽♂️🤦🏽♂️ Wow the level of ignorance u’re displaying is incredible, u owe billions of dollars to China which generations of Kenyans will be liable to pay and u are here shameless blagging about currency power🤦🏽♂️, what’s the benefit of a powerful currency while some Kenyans can’t even afford one meal a day and the majority relying on Sukuma and sima to survive? 🤔. Not only that Chinese has been disrespecting both of u including ur president by calling u monkeys in ur own soul and still u let them leave the country as Kings instead of locking their asses in prison👀
Africa is much better than before .... loan is not bad for growing the country ..
Won’t surprise me unseen Self-reliance Eritrea 🇪🇷 long side of our brothers wake up people
Thank you god my beautiful country is not there.We rely on our self 🥰🇪🇷🇪🇷thank you god
Bisha mine is funded by nevsun
@@yerdanos1180 that why its poor
Nice video. It'd be better if you could provide more recent figures though.
May Allah bless somalia
Africa is developing fast. Mutual beneficial relationship.
It is sad that they took advantage of overly humble people ....the world pilfered the Natural Resources of Africa
We, Africans have to unite and liberate Africa from this mess by being innovative. It’s just sad to see some people here in this comment section celebrating that my country is not here lol your country is next it’s only a matter of time, that’s if we don’t take action ASAP. There’s a lot of hate and unnecessary competition amongst African nations and descendants it’s just sad
We should have our bank 🏦 Bank of African union. BAU
Are you related to Wode Maya??
@Upblackrace Westafrica why are you always so obsessed with north Africans...??nothing will ever change and a united africa will also include them,as you can see they are also members of AU
There is African bank is called afdb
@Upblackrace Westafrica what's always your problems with South Africa and North Africa haa!!! Do You have a thorn on your butt that is paining you
@Upblackrace Westafrica to change the South African constitution we only need a 66.67% (2/3) majority vote in parliament. SA demographics are:
Black - 80.2%
White - 8.4%
Coloured - 8.8%
Indian/Asian - 2.5%
Other - 0.1%
So you can see there'll be enough votes if needs be. As long as all those eligible to vote make there mark incase a referendum is required.
My land of the brave is safe. Thanks we are not in the top 10, keep it that way.. NAMIBIA
Uganda🇺🇬🇺🇬🇺🇬missing how comes!!!!
For me I believe uganda must be numbered 2
Thanks for this & I would like to join you in the manner of awakening young African to save Africa from Chines exploitation.
Set a platform that we can stand on to voice one language towards Our African leaders to stop chines loan that exploit Africa for 100 year.
Sad to see Nigeria in this list...the only country in Africa that was able to give loans and gift millions of dollars to Western countries back in the day...now they are borrowing money, sad indeed
@Upblackrace Westafrica than officials must be stealing the money. A country like Nigeria with all her resources don't need to bag from no one. God bless Nigeria 🇳🇬 and her people.
@Upblackrace Westafrica why does you so call ill mannered govt borrow loans .Giant of producing babies yet you can't use your string economy for devpt...with Oil in Nigeria ....is the same as having a well with no water
@@muthokigrace995 lol they are giant in producing babies kikikiki
@Upblackrace Westafrica nigeria economy is not even half trilllion ,last time I check it was around 420 billion.
@Upblackrace Westafrica but I really get iiriitated with Nigeria alot a strong economy with weak infrastructure to the point of your pple seeking medical sector to kenya.Eish !!! I mean corruption must be at its best there.I expect Nigeria to be more advanced but its the opposite ...also due to your high pop I expected you to give loans to small countries like Lesotho eswatini liberia I'm not belittling the countries tho...The day Nigeria shall awaken I'll be happy....plus your pple are more mannerless...I met a Nigerian guy at Nairobi hospital and he looked stranded so I decided to help him out ....I asked him what the matter was and do you know the reply I got " the matter is with my mum " that's when I started hating Nigerians ....they are in my country seeking for medical attention yet they talk to me like trash.I. real sense that guy was bitter since kEnya medical sector is better than theirs.The joy of kenya should be joy of nigeria and Vc
it sad how we whole continent not know how to be independent and build our own homes and roads , why why whyyyyyyy .
Wapi wakenya ? We are finished 🤣🤣🤣
🤣 🤣 Tushazoea
I am feel so bad I call me an African,why we can't helping each other ,why let China helping our continent,they want the continent not helping the people.
Please let stand together and helping to get our continent back ,we really don't need China 🙏🙏🙏🙏
No point of correction China Owes AFRICA. They asked and was given butter trade atika atika who gonna pay no body
Don't feel bad. We owe them over 1.2 trillion. Welcome to infrastructure 101 and the global economy where everyone owes everyone. It cost to be a secured and developed country. Once your countries gets on their feet and learn more, you will soon be the loaner and not just the borrower.
😂 south africa is not here, smart we are indeed
we're here this is not true
We should be celebrating I don't trust My president
Thank to the white people
Dum you realy are south africa have taken $1 trillion maney frum china to help its people but the criminals the anc dit take that maney for them self and the usa also gif $1 trillion south africa is dun china ore the usa kan take south africa frum the criminals that steal the country rotten sins 1994
@@emillykiragu5263 Kenya Nationalist??? 😂
From where is this source becouse you make it by more less the debt for example Ethiopia I have heared by their media 28_60 billion
Kenya Kenya Kenya Kenya Kenya I'm sure u are here😨😨😰😰😰
Still wondering how we even escaped no 1
to day globally for any nation to emerge economicaly you will need to colaborate with china
coz this is not IAAF ranking
We are so fuc**d
With these Loans, how can we breath fresh air?
Tanzania vivaaaaa..................
Woow 1960 Ghana and China OK and 3.5 billion not bad 60 years now
Ethiopia's president went to China to study and all he learnt was how to borrow money from China. 13:01
liar
@@vusimasiteng5548 calm your ass down and check the video at 13:00 to confirm
How come Uganda is missing on this list..... Did we pay the debt the day before this list was compiled?
Is Namibia not included?
Nambia botoswana and South africa econmy depends on white people black people are poor there
So why are u runing away from the Chinese if white owns u
I thank God for my country Liberia
Lol 😂😂😂 am nt laughing, Angola will belong to China they ll call it Angola province as Chinese country
😅😅😅😅🇿🇦
kkkkkkk lixaram-nos o país.
@@ferreiraeliezertruta4463 Bem lixado.
🤣🤣🤣🤣🤣🤣
Stop dreaming.chinese dont accept blacks as citizens.
There is no free lunch especially on Sundays
I thought Ethiopia would be #1
400.000 Chineses lives in Ghana, if you not considering this migration as an invasion and a new form of colonialism then you are a fool!
You've just listed the 10 first colonies of China
you, are either colony of china or on the long list of debtors of world bank and IMF so its a matter of who you wannna go to bed with. no third option trust me
@@tillman4320 yeah and that IMF controlled by USA. either china or usa.
No way out
Maybe whe should stop blaming the white south afrocans and start working whith them against the new colonisers
when African will finish paying all this money pls God help our African Leaders
Doris Komba ...the leaders will help themselves
Well god doint help criminals that steal frum the starving people to make them self ritche
GOD BLESS GHANA
Big wahala there lots of Chinese r there
As much as I would like to take pleasure that my Country Tanzania is not in the top 10, I feel for all other Countries like Angola, with that amount of Dept, there is less and less hope that Future generation is going to be free. bad news we don't see that much development in the said Countries. Sad very Sad Situation
13b is okay for ethiopoa we can pay back china reduced the debt from 42b something. It was reduced in 2018 by new pm minster Abiy
@Vincent Vermeer 🇪🇹 Nigerian and lybian resources are our resources because we are African.
I thought we established this already. I issue isn’t with taking loans to finance projects. The issue is the the interest charge which leaves projects economically non viable. It’s not to develop Africa, but to create dependence on foreign countries. This doesn’t create equality or a fair basis for furniture trade when you’re indebted prior to negotiation. What’s the point of building what is affordable but having to pay back amounts you can’t fund?
THIS IS CALLED FOREIGN INVESTMENT BRO
A foreign investment is an investment by private corporations and the country will not owe anything to the other country.
Is time for African to manage their own country and business
Im surprised by my country Kenya, i thought we are number one,
Thought so too...but we might be first in the near future at the rate we are borrowing.
Haaa haaa majirani ur already sold, sisi tz hatutaki upuuzi uo bora tubaki na umasikini wetu
@@romanusfikiri3194 but you owe turkey almost the same amount that kenya owe china ,weelcome to the party kaka blza No african countries is debt free just like our brains.
@TILLMAN Tz they owe turkey for their SGR,I have the TZ statistics also when you count loans from IMF they have much so their is no any African country free from debts
@Romanus Fikiri hamutaki upuuzi na pia nyinyi mko na mkopo ya turkey ya 6.5$ billion ya SGR na bado uja hesabu za IMF,na World bank
🇧🇼 for now we are not in the top 10, but by the look of things we may be soon 😭😭