The World Bank has warned that Nigeria’s poverty levels are rising fast and will likely get worse in the coming years. A high cost of living and poor wages have eroded earnings and plunged millions into poverty. And the situation isn't helped by the government's decision to end decades of petrol subsidies.

Al Jazeera’s Ahmed Idris reports from Dan Tawaya, northwest Nigeria.

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#nigeria #nigeriapoverty #hungercrisis #malnutrition #economicinequality #foodsecurity #economiccrisis #insecurity #costofliving #climateimpact #aljazeeraenglish

Africa is rich—rich in copper, oil, gold, diamonds, and people. But its wealth flows out while its people remain in poverty.

Stealing Africa
Release date: November 28, 2012 (Finland)
Director: Christoffer Guldbrandsen
Writer: Niels Borchert Holm
Stars: Christoffer Guldbrandsen, Bernhard Elsener, Ivan Glasenberg
Country of origin: Denmark
Language: English
Also known as: Plundringen av Afrika
Filming locations: Rüschlikon, Horgen, Kanton Zürich, Switzerland
Production companies: Guldbrandsen Film, The Why Foundation

Stealing Africa explores the mechanisms that keep the continent poor long after the end of formal colonial rule—revealing how modern multinational corporations, global tax havens, and unjust trade systems continue to extract resources and wealth on a massive scale.

At the center of the story is Zambia, home to the third largest copper reserves in the world, yet a country where 60% of the population survives on less than $1 a day and 80% are unemployed. Meanwhile, in the idyllic Swiss village of Rüschlikon, local government coffers overflow thanks to one resident: Ivan Glasenberg, CEO of Glencore, a commodities giant whose Zambian copper mines generate billions—but almost no tax revenue for Zambia.

Through extensive research and access to public financial records, the documentary uncovers how multinational corporations legally avoid paying taxes through transfer pricing, offshore shell companies, and favorable tax treaties. The result? For every dollar in aid Africa receives, ten dollars quietly vanish—spirited away through financial flows that benefit corporations and wealthy nations.

Stealing Africa is not just a film about economics—it’s about power, inequality, and accountability. It lays bare the modern architecture of plunder and asks the crucial question: What does it mean to be "post-colonial" when the money still flows in the same direction?

Produced by Steps International, this documentary is part of the “Why Poverty?” series and remains a vital watch for anyone interested in global justice, development, and the real cost of globalization.

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#finance #documentaries #economy copyright: All of the films published by us are legally licensed. We have acquired the rights (at least for specific territories) from the rightholders by contract. If you have questions please send an email to: info[at]moconomy.tv, Moconomy GmbH, www.moconomy.tv.

Big Cocoa: Price Struggles In West Africa - Large corporations, also known as Big Cocoa, control the price of raw cocoa on the West African market and keep global prices low. But what can be done about this and how are prices actually set?

Big Cocoa: Price Struggles In West Africa (2024)
Interviews: Paul Schoenmakers, Michel Arrion, Axel Emmanuel Gbaou, Antonie Fountain, Terry Collingsworth
Genre: Documentary
Country: Germany
Language: English

Synopsis:
Around 5 million farmers produce cocoa beans worldwide, and they are exposed to the direct effects of world market prices for raw cocoa on a daily basis. Large corporations control the price of raw cocoa on the West African market and keep prices low. In 2020, Côte d'Ivoire called for a regulated minimum price for raw cocoa, and in 2022 the EU enforced stricter supply chain laws. However, it remains unclear whether these measures will actually lead to fair prices for West Africa in the long term. Moconomy interviewed VOICE Network, Tony's Chocolonely, Chocolatier Ivoirienne, the ICCO and human rights lawyer Terry Collingsworth to investigate how cocoa prices are set in the West African trade in raw cocoa - an issue that continues to cause controversy.

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#finance #documentaries #economy copyright: All of the films published by us are legally licensed. We have acquired the rights (at least for specific territories) from the rightholders by contract. If you have questions please send an email to: info[at]moconomy.tv, Moconomy GmbH, www.moconomy.tv.

Africa is a continent rich in natural resources with a young population. African nations in theory have the potential to transform their economies. But many of them are facing mountains of debt.

Africa’s external debt climbed to more than $650bn last year.

More than half of African countries are either in debt distress or teetering on the edge. But credit restructuring is painstakingly slow, and many governments end up spending more on servicing their debt than on healthcare or education.

The debt problem has plunged many nations into economic crisis with rising unemployment and poverty.

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#africa #economy #aljazeera #debt #unemployment #poverty #aljazeeraenglish #aljazeeranewslive

Chinese university students contribute over $14 billion a year to the US economy. But Chinese families are increasingly choosing to either study in China, or to other countries.

This shift is deepening the fiscal crises in American higher education, which also suffers from a steep decline in US student populations.

US universities are heavily recruiting students from India and Africa, in the hope to make up for shortfalls in Chinese enrollments. And briefly, this strategy seemed to work. A surge in students from India pushed China into second place, as a leading country of origin for US international students.

But that was short-lived. Indian enrollment in the past year plunged, with 99,000 fewer students. Nigeria also saw double-digit percentage declines in just a one-year period.

A more serious problem, however, exists in the financial commitments of the students' families. Chinese students cluster in the most highly-ranked, and most expensive, US university programs. In comparison, Indian and especially Nigerian students tend to attend far lower-cost programs.

Closing scene, Detian Waterfall, near Nanning, Guangxi

Resources and links:

LA Times, Why Chinese students still want to attend U.S. universities
https://www.latimes.com/world-....nation/story/2025-02

Interest in studying in US dropped 42% in January
https://www.universityworldnew....s.com/post.php?story

There are already 130,000 fewer international students in the US. Has anyone noticed?
https://distributedprogress.su....bstack.com/p/theres-

Already facing Trump administration cuts, US colleges risk losses from another revenue source: foreign students
https://www.cnn.com/2025/04/18..../us/international-st

SEVIS Data Shows Declining Number of International Students in the United States
https://www.aau.edu/newsroom/l....eading-research-univ

Wall Street Journal, Chinese Students on U.S. Campuses Are Ensnared in Political Standoff
https://www.wsj.com/politics/p....olicy/china-us-stude

Tracking College Closures and Mergers
https://www.bestcolleges.com/r....esearch/closed-colle

The Demographic Cliff: What It Means for College Admissions and Higher Education
https://www.applerouth.com/blo....g/the-demographic-cl

US: New survey shows international student recruitment shifting to India in 2023
https://monitor.icef.com/2023/....07/us-new-survey-sho

Why the Next Wave of International Students May Come From Africa
https://www.bestcolleges.com/n....ews/wave-of-internat

Shout out to @rushasare For this awesome video which warns the Diaspora about investing in Real Estate in Ghana. While moving back to an African Country can be a blessing, it can also be risky
#ghana #ghanarealestate #accra #yearofreturn2019 #doingbusinessinafrica #africanamerican #fba #africanamericaninafrica #africandiaspora #kenganda #oshaydukejackson Subscribe to Kenganda and become part of a community that celebrates African Americans and the African diaspora CONNECT WITH UShttps://www.instagram.com/keng....andanation/https://w our other videosJoin our whatsapp group for viewers

In the sequel to last weeks Bitlocker hack. This time I look at VeraCrypt and some of it's unique capabilities. Abilities that will take your breath away. A perfect tool to not only keep your data secure but also ensure your secrets remain secret.

⁣How this Km farmer in Ghana Lost 100+ Tons of Mangoes & Still Built a Thriving Farming Business

South Sudan is the world's youngest nation. Despite its rich cultural diversity and natural resources, the country faces immense challenges, including economic instability and governance issues exacerbated by continuing conflicts. The informal sector, a lifeline for many South Sudanese, plays a critical role in sustaining the nation's fragile economy.Hidden Strength unveils the stories of resilience within the informal economy of Juba. Through expert interviews and local business owners, the film demonstrates how honest livelihoods can be forged even in the face of seemingly insurmountable challenges.Subscribe to our channel: http://bit.ly/AJSubscribeFollow us on X: https://x.com/ajenglishFind us on Facebook: https://www.facebook.com/aljazeeraCheck our website: https://www.aljazeera.comCheck out our Instagram page: https://www.instagram.com/aljazeeraenglishDownload AJE Mobile App: https://aje.io/AJEMobile#southsudan #africasnewdirections #sudan #economy #juba #documentary #africa #informaleconomy

⁣Title: How to Start a Multi-Million Dollar Farm in Ghana – Video Replay
Short Description:
Unlock the secrets to building a thriving agricultural business in Ghana with Calvin Daniels, CEO of Shai Hills Snails and Agriculture Farm Ltd. Learn how he transitioned from a U.S. federal career to running a multi-million-dollar farm, and discover actionable insights on Moringa cultivation, snail farming, and the vast opportunities for Black investors and entrepreneurs in Ghana’s agribusiness sector.
Full Description:
Curious about how to launch a profitable farm in Ghana? This exclusive video replay features Calvin Daniels, a visionary entrepreneur who turned his passion for agriculture into a booming business. From large-scale Moringa farming to high-yield snail production, his journey is packed with valuable lessons for anyone looking to establish a sustainable and lucrative agribusiness in Africa.
🔹 Key Takeaways:
✅ Steps to start and scale a farm in Ghana
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📅 Event Date: March 2, 2025
⏳ Duration: 1 Hour, 38 Minutes, 36 Seconds
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