Botswana gets over 80% of the profits from its diamond, copper, and other natural resources. Ghanaians should write their own contracts. Don't be like Liberia that signed a contract with ExxonMobil, which was written by ExxonMobil. It is the case with most of those foreign contracts. The foreign corporation writes the contract, presents it to the government, and the government officials sign the contract. This is how they get fleeced. A Nigerian lady did a TED talk on how one world bank official claims it is easier to do business with the Africans because they don't read the contracts. All they do is signed making his job easy. The official told her that the southeast Asians give them a lot of problems because they scrutinize every contract crossing out anything the found to be negative out of the contract before signing.
From what I’m hearing from this gentleman is quite impressive, he’s very knowledgeable on a lot of subjects. Seems like he should run for President, knowledge is power.
I believe it. Thats all Africans care about is MONEY. But the killer part is, Aftika is in the shape its in because Afrika not even benefiting really...smh
That house is amazing. All the government has to do is build,hire to ppl and recycle the same money that's it. Build apartments for all levels of ppl low income and high,create a banking system give loans to ppl who want to own property because once you employ the ppl the money will recycle itself
Very truthful statements by the brother here. I wish Africa would take the suppression of corruption and illicit enrichment seriously. You can't build serious countries through rampant corruption.
He is very correct. We have to products, but we refuse to add value to it. Oil but no state own refinery, cocoa and no chocolate factory, instead buying milo, ovaltine and hershey product. Just a few examples. We need to learn how to refine a product and add value to them👍🏿👌🏿
Temdri World we own our resources but need foreign middle men to get it to the market. That makes the cuts way smaller. The chocolate issue is the worse how can they take our cocoa and sell it back to us and we buy.
Asante Akan You do not need foreign middleman, and even if you do, everyone has internet and can check the market value, then use their common sense. A high school dropout whiteman can come to Africa make deals with our people that have doctorate degrees and negotiate a 93%-7% in favour of them
I am a Petroleum engineer and I understand how the business works and moreover I worked as an intern at the Ghana National Petroleum Corporation (GNPC).The oil business is expensive so usually companies come together as partners to work on a particular project(explore,discover,develop and produce).Your initial investment will ultimately determine your percentage returns.So basically if you invest less, you earn less and I’m sorry but that’s how it works.GNPC is enjoying the 10% partnership deal because it backed by law to for any company who intend to invest in the upstream oil sector to partner GNPC.In reference to what the elder said, Eni does not hold 90% but 44.44% of the offshore OCTP field,MODEC holds 35.56 percentage and GNPC holds 20 percentage.There are other fields like Jubilee field where GNPC hold 13.6%, UK based oil company Tullow oil holds 35.5%, US based oil companies,Anadarko and Kosmos, holding 24.1% and South African company PetroSA owning 2.7%.Currently all oil activities are ongoing offshore only but GNPC still needs experience and expertise and the right technology in order to take full control of the oil basin onshore and it comes with GNPC investing in the prospects.These foreign companies are Winning because their longevity in the oil industry,technologies and expertise.
We know the problems , what we need is solution to solve this problems that you aluded to, the talking and over analysis is not going to take us anywhere, what we need is action to get things done now..
We were digging for these things thousands of years ago and now all of a sudden we cannot extract. I'm confused. We need the right education about who we are and our relation to all around us. I blame our actions partially on Darwin evolution theory and the subliminal implications.
Nobody controls Ghana resources we lack productivity ideas . So yes you will end up selling it out to potential buyers . Until Africa become industrialized our only option is selling. Every nation sells their resource for value . You benefit more from your resources when you have an industrialized country. it’s the reality not a propaganda . You can’t control any resources if you are not industrialized .
Radaryn Washington can we be real for a second what has diplomatic transactions got to do with sellout bro ? Do you even understand how things work ? Mention one country that got financially powerful without investors and industrialization. America is all built on industry , they don’t have the natural resource but they have a big Human Resource when it comes to Africa we lack both . We don’t have good human resource and we don’t have industries .until we get that fixed nothing can be done . The true African revolution can only be achieved if Africa produces enough to feed itself and then monetize the rest by selling to other nations .
@@danielkofiboadux Excuses are like assholes, and everybody has one. Come on man, stop the excuses. You call black people from aroind the diaspora with skills that can help you develop. Plus, you wont have to give up much on return. You have corrupt and greedy Aftican delegayes yhay wants to get paod and reallu does not care for the African people or the continent...
the difference between what nigeria did for dangote is that not did they only give him funds to export, they also restricted the licence to only them which is wrong
Africa need to look into building the magnetic trains like Japan has..it can help for over population of traveling..and the pollution..that would be a good investment..
I'm into real estate too. My goal is invest all my money into buying rental properties, that will enable me to relocate to ghana meanwhile getting paid in American dollars living in ghana. I just bought my first 4 unit apartment and I'm buying another soon. I would love to get in touch with the gentleman if you can link me up with him. I would appreciate it. What's your email address brother?
lol taxation is such a funny and sad system. *but* it is what it is. :) ... hmmm, why not just provide renewable energy, standard housing (sans rampant, entropic development) and agricultural/building/engineering education from the top down? then just tax any outside nation, corporation or individual at rates with the ability to level your wealth with theirs? (ie. competitive with suppliers in *their* homeland) i mean... the environment, land and resource reserves are all still in great condition, right? almost all of africa is the crowned jewel of global supply chain, right? *taxation comes from people who take whatever they please, then once they are satisfied - and their victims mortified - force others to give them anything else they want* (LAST POINT, I SWEAR) 16:03 how do our entire population seem not to see: the examples we idolize and use to justify our own intra-tribal crimes/blind eyes are the result of a far-reaching and highly successful piracy syndicate (the "West"). The wealth did not come from a democratic capitalism and graduated incentive programs, it came from rape and pillage. all violent crimes. lol but any who, *pulling a psuedoscientific concept out my armchair ass - any group wanting to be fully sovereign and sustainable might want to draw their own system up from the ground, after compiling enough information about the land they plan to fortify and occupy. a foreign tune is not writ to be sung on native tongues* (NO MORE TH-cam RANTS :))
Botswana gets over 80% of the profits from its diamond, copper, and other natural resources. Ghanaians should write their own contracts. Don't be like Liberia that signed a contract with ExxonMobil, which was written by ExxonMobil. It is the case with most of those foreign contracts. The foreign corporation writes the contract, presents it to the government, and the government officials sign the contract. This is how they get fleeced. A Nigerian lady did a TED talk on how one world bank official claims it is easier to do business with the Africans because they don't read the contracts. All they do is signed making his job easy.
The official told her that the southeast Asians give them a lot of problems because they scrutinize every contract crossing out anything the found to be negative out of the contract before signing.
From what I’m hearing from this gentleman is quite impressive, he’s very knowledgeable on a lot of subjects. Seems like he should run for President, knowledge is power.
Hahahaa every educated Ghanaian can says this. Thus, is every day gospel journalists preached on radio and television stations. 😅
Am a Ghanaian young and audio know all this and more
When I was in a Accra I spoke to a few guys that were in the government and they told me that Ghanaians only going to politics to get rich that's it.
I believe it. Thats all Africans care about is MONEY. But the killer part is, Aftika is in the shape its in because Afrika not even benefiting really...smh
How that different from anywhere else lol.
@@asanteakan70 its usually like that everywhere
Bezo 64 that’s literally all of Africa
I remember hearing that from a Ghanaian friend
That house is amazing. All the government has to do is build,hire to ppl and recycle the same money that's it. Build apartments for all levels of ppl low income and high,create a banking system give loans to ppl who want to own property because once you employ the ppl the money will recycle itself
Very truthful statements by the brother here. I wish Africa would take the suppression of corruption and illicit enrichment seriously. You can't build serious countries through rampant corruption.
He is very correct. We have to products, but we refuse to add value to it. Oil but no state own refinery, cocoa and no chocolate factory, instead buying milo, ovaltine and hershey product. Just a few examples. We need to learn how to refine a product and add value to them👍🏿👌🏿
Thomas Sankara did it thirty years ago
Temdri World we own our resources but need foreign middle men to get it to the market. That makes the cuts way smaller. The chocolate issue is the worse how can they take our cocoa and sell it back to us and we buy.
@@asanteakan70 lol game recognize game
Asante Akan You do not need foreign middleman, and even if you do, everyone has internet and can check the market value, then use their common sense. A high school dropout whiteman can come to Africa make deals with our people that have doctorate degrees and negotiate a 93%-7% in favour of them
you can learn all of this online for free
Thanks brother well come home every day
Hello Dynast & Teddy Ansong, another great video, Dynast! Teddy Ansong has a very beautiful house! I'm learning a lot from this video!
Putting those SuperChat funds to good use! Nice camera!
Hilarious comment. We will continue to support Dynast. 😊😊😊
Great interview!
I am a Petroleum engineer and I understand how the business works and moreover I worked as an intern at the Ghana National Petroleum Corporation (GNPC).The oil business is expensive so usually companies come together as partners to work on a particular project(explore,discover,develop and produce).Your initial investment will ultimately determine your percentage returns.So basically if you invest less, you earn less and I’m sorry but that’s how it works.GNPC is enjoying the 10% partnership deal because it backed by law to for any company who intend to invest in the upstream oil sector to partner GNPC.In reference to what the elder said, Eni does not hold 90% but 44.44% of the offshore OCTP field,MODEC holds 35.56 percentage and GNPC holds 20 percentage.There are other fields like Jubilee field where GNPC hold 13.6%, UK based oil company Tullow oil holds 35.5%, US based oil companies,Anadarko and Kosmos, holding 24.1% and South African company PetroSA owning 2.7%.Currently all oil activities are ongoing offshore only but GNPC still needs experience and expertise and the right technology in order to take full control of the oil basin onshore and it comes with GNPC investing in the prospects.These foreign companies are Winning because their longevity in the oil industry,technologies and expertise.
We know the problems , what we need is solution to solve this problems that you aluded to, the talking and over analysis is not going to take us anywhere, what we need is action to get things done now..
Do a video on your coronation ceremony explaining what it is, how it came about, etc. I'm curious
We were digging for these things thousands of years ago and now all of a sudden we cannot extract. I'm confused. We need the right education about who we are and our relation to all around us. I blame our actions partially on Darwin evolution theory and the subliminal implications.
14:00 word!
Nobody controls Ghana resources we lack productivity ideas . So yes you will end up selling it out to potential buyers . Until Africa become industrialized our only option is selling. Every nation sells their resource for value . You benefit more from your resources when you have an industrialized country. it’s the reality not a propaganda . You can’t control any resources if you are not industrialized .
How bout asking blacks in the United States to come back to Afrika...? You really dont have to sellout to other nations, my dude...smh
You are absolutely correct💯
Radaryn Washington can we be real for a second what has diplomatic transactions got to do with sellout bro ? Do you even understand how things work ? Mention one country that got financially powerful without investors and industrialization. America is all built on industry , they don’t have the natural resource but they have a big Human Resource when it comes to Africa we lack both . We don’t have good human resource and we don’t have industries .until we get that fixed nothing can be done . The true African revolution can only be achieved if Africa produces enough to feed itself and then monetize the rest by selling to other nations .
@Heru Behudety Naw, the problem is the Africans are worshipping these weak ass nations as gods and bowing down to them...
@@danielkofiboadux Excuses are like assholes, and everybody has one. Come on man, stop the excuses. You call black people from aroind the diaspora with skills that can help you develop. Plus, you wont have to give up much on return. You have corrupt and greedy Aftican delegayes yhay wants to get paod and reallu does not care for the African people or the continent...
9:06 Korea got a lot of help from America cos they wanted to stop the spread of communism in that region
This is so sad, Our World is overrun by Local and Foreign Thieves, 👎🏾👎🏿👎🏾👎🏿🇳🇬🇺🇸
Does Mr. Ansong go to "Labone" at 21:33? This is an excellent discussion.
ALL AFRICA NATIONS HAVE THAT TYPE OF MANSIONS EVEN MORE CRAZY ONCE........not a big deal,,,watching from east africa
the difference between what nigeria did for dangote is that not did they only give him funds to export, they also restricted the licence to only them which is wrong
Exactly
Africa need to look into building the magnetic trains like Japan has..it can help for over population of traveling..and the pollution..that would be a good investment..
4K Uhuru
The US government Universities ect all helped major corporations get started
Smh 🤦🏿♂️
They need Booker T Washington who believed Blacks could do for them selves although the was called a Tom
I'm into real estate too. My goal is invest all my money into buying rental properties, that will enable me to relocate to ghana meanwhile getting paid in American dollars living in ghana. I just bought my first 4 unit apartment and I'm buying another soon. I would love to get in touch with the gentleman if you can link me up with him. I would appreciate it. What's your email address brother?
If they grant me automatic citizenship I would leave America
me too brother we need to fight for it the geopolitics involve wont just allow it for many reasons
Brother I wouldn't advise you to leave America yet. You are owed a very great debt by America, don't let the white man get away with that!
It’s the curse of Deuteronomy 28
This will continue until the spells casters are destroyed 🤷🏾♂️🤷🏾♂️
@search for uhuru... Please get me the email of this man... I have some lands in Pokuase, Accra he might be interested in
lol taxation is such a funny and sad system. *but* it is what it is. :) ... hmmm, why not just provide renewable energy, standard housing (sans rampant, entropic development) and agricultural/building/engineering education from the top down? then just tax any outside nation, corporation or individual at rates with the ability to level your wealth with theirs? (ie. competitive with suppliers in *their* homeland) i mean... the environment, land and resource reserves are all still in great condition, right? almost all of africa is the crowned jewel of global supply chain, right? *taxation comes from people who take whatever they please, then once they are satisfied - and their victims mortified - force others to give them anything else they want* (LAST POINT, I SWEAR) 16:03 how do our entire population seem not to see: the examples we idolize and use to justify our own intra-tribal crimes/blind eyes are the result of a far-reaching and highly successful piracy syndicate (the "West"). The wealth did not come from a democratic capitalism and graduated incentive programs, it came from rape and pillage. all violent crimes. lol but any who, *pulling a psuedoscientific concept out my armchair ass - any group wanting to be fully sovereign and sustainable might want to draw their own system up from the ground, after compiling enough information about the land they plan to fortify and occupy. a foreign tune is not writ to be sung on native tongues* (NO MORE TH-cam RANTS :))
Teddy Ansong is pretty much in favor of trickle down economics.. unfortunately it doesn't work.
Did he say how much it cost him to build his house?
Brother you're not AFRICAN you're an Israelites according to the Bible its time to wake up Brother!!!