Have you ever heard of much wealthy people being called the poorest?
We couldn’t get it. In fact, we haven’t got it for the past few years, having tried to unravel the idiotic paradox. And we bet that though you are well aware of it, you still accept it as a matter in the nature of natural history. Enough said. The issue in question is, of course, Africa! What takes our goat is that though Africa is supposed to be the centre of the world enriched with a bounty of natural resources, yet, most unfortunately, not only has it become the conflict zone of the world, but it also has refused to be advantaged from its humongous resources over the past so many centuries. That is the statistical fallacy that modern day capitalism has not been able to solve.
With abundant oil, natural gas, timber, cocoa, diamond, gold and more, to say Africa is a rich continent is a fool’s statement. Africa produces 46% chromium, 48% diamonds, and 48% platinum of the world. The US EIA data revealed that natural gas production in Africa is estimated to rise from 5.1 trillion cubic feet to 18.5 tcf by 2010. Sub-Sahara has 7% of the world’s oil reserves. It is home to some of biggest global exporters including Nigeria, Angola, Congo, Cameroon, Chad, and Sudan.
We couldn’t get it. In fact, we haven’t got it for the past few years, having tried to unravel the idiotic paradox. And we bet that though you are well aware of it, you still accept it as a matter in the nature of natural history. Enough said. The issue in question is, of course, Africa! What takes our goat is that though Africa is supposed to be the centre of the world enriched with a bounty of natural resources, yet, most unfortunately, not only has it become the conflict zone of the world, but it also has refused to be advantaged from its humongous resources over the past so many centuries. That is the statistical fallacy that modern day capitalism has not been able to solve.
With abundant oil, natural gas, timber, cocoa, diamond, gold and more, to say Africa is a rich continent is a fool’s statement. Africa produces 46% chromium, 48% diamonds, and 48% platinum of the world. The US EIA data revealed that natural gas production in Africa is estimated to rise from 5.1 trillion cubic feet to 18.5 tcf by 2010. Sub-Sahara has 7% of the world’s oil reserves. It is home to some of biggest global exporters including Nigeria, Angola, Congo, Cameroon, Chad, and Sudan.
For More IIPM Info, Visit below mentioned IIPM articles.
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Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM - FLP (Flexi Learning Program)
