The West — its governments, corporations, nonprofit groups, and NGOs — must end ESG restrictions on investment in Africa and bring colonialism 2.0 to an end, writes nj_ayuk.
Some call it “neo-colonialism.” I call it colonialism 2.0. In colonialism 1.0, Western and other nations conquered large parts of Africa, and in colonialism 2.0, they use their money to impose their unrealistic ideologies on an unwilling but still desperate continent.
I’ll be as blunt as I was when I spoke at African Energy Week in Cape Town weeks ago. For African nations to continue to emerge from poverty, we need to drill, baby, drill. That’s Africa’s message to the world. If we’re going to solve energy poverty, the world needs to invest in Africa’s oil, natural gas, and other God-given resources.
That is why I went to COP27. I believe that if Africa does not take a seat at the table, it will end up being on the menu. Let me be clear: those of us who advocate African countries to continue using the oil and gas resources within our sovereign borders are not ignoring the green agenda — we simply are not willing to embrace Western elites’ timetables for transitioning to renewable energy at the expense of the energy security and economic well-being of our own people.
Imposing environmental standards on African nations that are still in the early stages of development artificially maintains millions of Africans in poverty, unable to enjoy the economic empowerment that comes with cheap energy. As indicated by the International Energy Agency, over 700 million people don’t have access to electricity, many of whom are in Africa.
A growing number of Western countries are making their aid packages contingent on going “green” when African nations simply can’t afford it. In such a situation, the West cannot be surprised if such nations begin turning to countries like China and its Belt and Road Initiative for cheap capital with no environmental strings attached.
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