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/biz/ - Business & Finance


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11509394 No.11509394 [Reply] [Original]

Chinks have been exploiting the shit out of Africa since about 2015.
Is there a way I could do this on a much smaller scale?

>> No.11509503

>>11509394
SA and others have proved time and again that property rights mean nothing to the governments there, in other words the entirety of their governments still chimp out whenever things start going poorly. You'll buy a building/land/business, but because you aren't there holding a gun to the head of the people running it they can simply stop paying you whenever they feel like it.

>> No.11509549

>>11509503
That's what I figured. But I think SA is a bad example, what about places like Ghana or Zambia? It seems that people there are happy to be employed and have their standard of living raised.

>> No.11509953

>>11509549
What do you plan for your Ghanian/Zambian employees to do? Manufacture microprocessors? Pry tell kind sir.

>> No.11510207

>>11509953
It would probably have to be much lower-skilled than that. But yeah, manufacturing pretty much anything in Africa is significantly cheaper than USA/EU, and nowadays even China, so almost any manufacturing process would be profitable.

>> No.11510260

BUY A SHIP AND HELP TRANSPORT WORLD WIDE

>> No.11510261

>>11509953

- AI
- blockchain
- disruptive technologies

>> No.11510281

>>11509394
Fish in African waters
After all they are unexploited and really fuckin bountiful.
If you have the capital and don't want to deal with niggers, offshore refineries.
The African coast is still under-exploited

>> No.11510282

>>11510261
You don't explore industries like that in developing countries, where pretty much the entire labour force is uneducated. More like manufacturing cheap, simple electronics, or clothes and other normie garbage.

>> No.11510309

>>11509394
Where are the liberals who scream "muh colonialism!". Oh wait, they actually think china is pumping African economy out of the goodness of their heart. Kek

>> No.11510334

No

>> No.11510378

>>11510309
nobody trades out of the goodness of their heart. but at least the Chinese aren't trading with a barrel of a gun pointed at Africa.

>> No.11510436

>>11510309
>>11510378
They're doing it to gain political influence. The African countries which vote in support of People's Republic of China get far more infrastructure projects and loands than the countries that oppose them. It's pretty much a win-win situation, and USA is incredibly salty that they didn't do it first.

>> No.11510664

>>11509953
Kek, I'd love to see into the mind of this guy too

>> No.11510688
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11510688

>>11509394
>since about 2015
Were you asleep the last ten years?

>> No.11510711

Honestly, thinking about doing business in Zambia. It will grow a lot in the next couple of decades and still in the early stages of infrastructure: roads, real estate, manufacturing, transportation, mining, farming, fishing (anon above is correct) etc. Great place to exploit business but the only problem is that it is very hands on (you literally have to live there) corrupt government (can be a good thing) and high barries to entry (capital intensive projects). It’s like investing in the US 100 years ago.

>> No.11511574

>>11510711
Yeah, definitely have to live there yourself, otherwise you'll probably just get ripped off and nothing will happen.

>>11510688
I mean on a huge scale, it has been happening since about 2015. Chinese are shoveling billions of dollars into Africa. Way more than the US.

>> No.11512276
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11512276

>>11509394
unironically invest in skycoin. skywire will be the default communication protocol in africa within 5 years

>> No.11512713

>>11512276
Pretty much this. They're building antennas out of trash out there and it's the only thing that Africans won't steal/sell like they do with copper lines.

>> No.11512802

>>11509394
Buy XLM