Countries in the African continent are cursed by systemic and pervasive corruption which prevents them from being able to attract inbound FDI from the developed countries like the U.S and the countries in Europe.
African nations, can and do circumvent this by being the recipient of FDI from China and Russia. This state of affairs is fine for the corrupt leaders who benefit the most from such arrangement. In the end, the people who voted for these corrupt leaders suffer. There is no solution for this until the people of Africa wise up.
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