RWANDAN President Paul Kagame has asked fellow African leaders to ensure that they protect the heritage of the continent from exploitation.
Speaking this morning in Davos, President Kagame who co-chaired a breakfast gathering of African leaders and friends of Africa on the African Continental Free Trade Area (AfCFTA) and its role in fast-tracking economic growth and transforming the continent , spoke passionately against allowing a new wave of exploitation perpetuated by Capitalism.
He said Africa, more than ever , is under threat by Capitalist interests perpetuated by Western nations. He said it would be tolerated if such was driven by Africans but sadly , the reality is opposite.
And Zimbabwean president Emmerson Mnangangwa said it is sad that Africa is losing its identity owing to a new wave of exploitation. Mnangangwa bemoaned the continued plunder of natural resources in Africa and that there is need for Presidents in Africa to realize that their mandate is to protect the interests of the people and not investors.
Meanwhile, Kagame caused laughter after saying there are some leaders who do not have brains and allow multinationals to think on their behalf. He said while programs like IMF are welcome in Africa, there should be a limit to which the institution must influence the decisions of a sovereign country. He mocked leaders who are always rushing to IMF without harnessing their own potential saying they’re not ripe but cry babies.