Category: Collection
Reflection: What Did I Do During My Internship At The International Trade Center (ITC)?
I respect professionalism and I strive for excellence. Stylistically, my professional maxim is “wear your destiny”. Thus, in Geneva I resolved to always look and act like consistent my goal of being an international nation-building diplomat.
The internship:
I spent the Summer 2023 as an International Trade Intern at the International Trade Center (ITC) in Geneva, Switzerland. The ITC is a United Nations agency formed with a joint mandate from two UN agencies: WTO and UNCTAD. At the ITC, I worked for the Division of Market Development (DMD), which has two main parts: 1) Formation of National Export Strategy; & 2) Implementation Management (IM). I worked with the latter team.
The purpose of Implementation Management (IM) is to equip countries with tools to implement the National Export Strategy developed by the ITC in consultation with the country. To achieve this, the ITC recommends establishing trade advisory committees that brings private and public sector representatives together to advise the government on trade. The export advisory committees are sometimes called “National Export Councils” (NEC). Collectively, the import and export advisory committees is a country’s “trade governance system”.
The ITC created a Model Legal Framework years ago, but it became outdated, so I was hired as an intern to renew it. To achieve this, I reviewed the legislative acts establishing trade governing systems in the following six (6) countries: the United States, Turkey, Nigeria, Singapore, Ivory Coast, and Sri Lanka. I examined:
- US trade governance system including the Trade Act of 1974 and 2022 that established and expanded the trade advisory committees.
- Nigerian Export Promotion Council Act No. 73 of 1988
- Turkish Exporters Assembly established in 1993 that operates within the Law No. 5910
- the Singapore Economic Development board Act of 1961
- Ivory Coast National Export Decree No. 2014472 of 2014
- Sri Lanka Export Development Act No. 40 of 1979
My comparative analysis, findings, and recommendations of the trade governing systems were organized in the final product of a research paper, presentation, a full draft of a new model legal framework (created by my findings and legal creativity), and originally designed flowcharts showing the relationship of the various trade governance elements. Also, I created a checklist for ITC consultants to assess the strength of government oversight bodies, and a Questions & Answers brochure about National Export Councils.
Thus, my internship resulted in an updated Model Legal Framework for the ITC! I am grateful for the tutelage I received from my supervisors. These knowledgeable gentlemen were helpful to my development. Thanks to Case Western Reserve University School of Law and the ITC for the great opportunity. I am proud of accomplishing the work I was hired to do, of reciprocating value, and knowing that my work will endure.
Onward & Upward!
Dr. Ikenna Ezealah
Why Am I Pursuing A JD (Juris Doctorate) After A PH.D.?
This is me pictured in December 2019, in the graduation regalia of my Ph.D. in Higher Education Leadership.
[Side note: I wish to thank SREB’s (Southern Regional Education Board) Doctoral Scholars Program for their fellowship award and institutional support that helped me attain my Ph.D.]
Then [December 2019], I thought I was done with school because I achieved a terminal degree. Then, I did not have the drive for African development as I do today. So what happened that prompted me to pursue a JD with a strong drive for African progress? The quarantine during Covid gave me the space to reexamine my life, study Africa past and present, and then ask myself:
What is your life contribution toward the development of your people? I had no answer.
As I observed Africa, I realized the institutional structures and social orders have mostly remained the same as during colonization. It had not been transformed and adapted to the indigenous nature and cultural heritage of the people. The precolonial legacy of Africa had been utterly abandoned, and the incongruence between the indigenous nature of the people and the adopted institutional forms breeds much of the retrogression experienced in the continent today. Also, the notable lack of genuine leadership in Africa that is truly committed to the welfare of the people oppressed me.
I wanted to partake in the work of institutional transformation to promote the indigenous progress of the African people, and to help support the emergence of genuine leadership in the continent. However, since modern societies and institutions are governed by law and legal frameworks, I needed to become a legal professional to authoritatively engage in institutional transformation. I realized the twin swords of a JD and PhD would powerfully equip me with all that was necessary to achieve the objective. Thus, I enrolled in law school in 2022 to pursue my Juris Doctorate.
I am a Nigerian-American, a son of two worlds. I have given and will continue giving back to the US, a country that has given me so much! But as a son of Africa, I could not give all my youth and vibrant adulthood to one country, only to leave Africa with the exhausted residues of my old age. I needed to give the African people the full strength of my adulthood and the climax of my powers for nation-building! I owe my people this.
The directive to “give to Caesar what belongs to Caesar, and give to God what belongs to God”, speaks to the law of balance, of the duty to return value where we receive it. Applied to my life, I needed to return value to both societies that comprise my identity and have given me much. However, in the process, the African people will not be left behind and empty handed! Hence, my life objective: to be a helper and guardian of the welfare and further development of the African people. I simply want to serve.
You see, I found my answer.
Onward & Upward!
~Dr. Ikenna Ezealah
Why The Term “Intellectual Property” Should Be Changed
The term “intellectual property” (IP) has always sounded dry and lifeless to me. I believe the wrong choice of words was chosen to define this sector, and the term misattributes the source of creative ownership to the intellect, instead of the actual person. The term IP is not “living” because the intellect by its origin and nature does not have “life”, but is only a tool used by the living person, the human soul. There are three things here: the person, the intellect, and the formed expressions/works called “property”.
The intellect arises from the physical body, and is the software of the brain (like the software of a physical computer) that the human soul uses for life on earth. There are two directions to intellectual activity: The processing, computing, and organization (PCO) of impressions from the physical world to the human soul; also the processing and conversion of spiritual intuition or volition from the human soul into the physical world as material works/expressions.
The material formation of the creative intuition from the human soul is what manifests as the works/expressions we call “property” in IP. Thus, the works are not the property of the intellect (which serves only in a forming capacity), but is the property of the human personality who uses the intellect as a tool to express itself. Only the human soul is “alive”, and not the intellect arising from the physical body, which is why the term sounds lifeless because the origin of the intellect is without “life”. It is only the human soul animating the body during earthly life that gives the intellect the appearance of “life”. And that is why the Inca’s called the body “Alpacamasca”, meaning “animated earth”.
The actual human person, and not the physical body and the intellect therein, is thus the rightful producer and owner of creative expressions/works. The body only forms according to the will of the indwelling spiritual personality. With these explanations, what is my proposal to replace “intellectual property”?
Change “Intellectual Property” to “Creative Expressions” or “Creative Works”. If you recite the words “creative” and “intellectual”, you immediately perceive the difference inwardly. One has “life”, the other is dry. The cause of this effect is the origin of the creative impulse from the living human personality vs. the intellect of the body.
Based on this proposal, the United Nations would need to modify the name of its agency “WIPO” (World Intellectual Property Organization). Instead of WIPO, I propose ICEO: International Creative Expressions Organization.
~Dr. Ikenna Ezealah
The First Quality of Leadership in Africa
~Dr. Ikenna Ezealah
Domestic order and diligence
Domestic orderliness and diligence is essential to domestic harmony and the long-term health of relationships.
In the material world, the psyche/mind is closely connected to the forms of the physical environment.
Domestic slothfulness and sloppiness cause physical disturbances that also has an effect on the psyche.
The physical disorder triggers psychic disorder that can lead to moodiness and even domestic disharmony.
Arguments, irritability and many things arise which many do not trace to the disorder and slothfulness.
Orderliness, liveliness, and diligence are able to dispel many unpleasant things in a home that seem unrelated.
Pictures and online posts are not the real person. Only the day-to-day domestic living that outsiders cannot see bears witness.
Love works in purity, and the fruits of purity in the earthly include strict orderliness, noble diligence, cleanliness.
When these are lacking due to indolence: purity will taint, disharmony will increase, and love will weaken.
Thus, domestic orderliness and diligence goes beyond domestic harmony and health of relationships
But is a foundation for the sound development of individuals, and the building of strong societies and nations.
~Dr. Ikenna Ezealah
When Eagles Follow Chickens
One day, a group of eagles who wanted to fly held an election and decided to follow the leadership of chickens. The eagles looked at the chickens and observed they were both birds, both have feathers, both have beaks, both can flap their wings… and so concluded the chickens were suited for leadership and can go skyward! Before long, the eagles noticed the chickens preferred walking on the ground, and always had a clever reason why they could not fly that day. “Maybe tomorrow” they would promise. Tomorrow would come, but along with another excuse.

Soon the eagles grew restless, which turned into frustration, then anger. The Eagles started lamenting and blaming the chickens for their earthbound condition. Yet, none of them stepped forward, and they continued to obediently follow the chickens. Despite their vexation, the eagles were to blame for ignorantly following the chickens and expecting them to display the qualities of eagles.
Eagles following the leadership of chickens is the tale of African people and their “leaders” today.
Holding office does not make someone a real leader, anymore than having wings does not automatically give the chicken long-range flight. However, most people who hold office today in Africa are erroneously called “leaders” by citizens who follow them, even though most are merely occupiers of office with no real vision. Yet citizens somehow expect development and nation-building… just like the eagles expecting flight from the chickens. But they will all stay on the ground until the eagles take the lead.
Yes, chickens have wings, like the “leaders” have minds, but in practice it is mostly limited. All the chicken can do for flight is momentarily levitate at the sight of some challenge, only to quickly return to the ground, to the dismay of the eagles. Similarly, the mind of most “leaders” in Africa flaps around and pretends to fly (somewhat expand with ideas) momentarily during election season, only during post-election to quickly retract back to its self-imposed limits, to the dismay of citizens. You see, chickens can only peck on grains and tidbits on the ground, just like many “leaders” can only peck on profits from exporting raw material tidbits from the ground, but cannot use them to create original value for the progress of the people.
People of Africa, why are you wasting energy blaming and expecting more from many in the current group of “leaders”, when you can tell a bird by its feather? It is not that the chicken needs to change and give more effort, but simply it is not an eagle!
Eagles, i.e., natural leaders with ability in Africa, must step forward, form a homogeneous flock, and take the lead in all matters in Africa. Otherwise, if eagles keep following chickens on the ground and following its diet, the law of adaptation in nature will cause the eagle to lose its ability to fly… just like it did with other now earthbound birds, including the chicken.
Natural leaders among the people in Africa, stop complacently following the status quo and step forward to lead the people to higher goals, for the creative abilities of the people are wasting away under the scourge of current “leaders”. Eagles press for flight and need the panorama of the open skies. Similarly, the inherent abilities of real leaders actively charge for the continuous progress and development of their people, and collective nation-building… with a panoramic vision of present and future possibilities that comes from on high!
Eagles of Africa, it is high-time for those who carry the natural ability and call for leadership of the people, and whose hearts are filled only with the strong desire to serve and uplift …step forward and fly!

Eagles of Africa, destiny calls you to service!
~Dr. Ikenna Ezealah
Seven nation-building Suggestions For African Governments To Use During Contract Negotiations With Foreign Companies
There is a common notion that African governments do not have much leverage when negotiating contracts for the extraction of special minerals, resources, or development projects, because foreign firms have almost all the technical expertise the African government needs.
But this notion is not true. So if it was Pinnochio’s nose, it would grow enough inches to poke the moon, just to boomerang back and shake the earth.
This pervasive notion can only take root when the official or citizen lacks a universal vision of the collective capabilities of African citizens (at home and in the diaspora), and lacks insight on how to strategically harness them during contract negotiations to promote nation-building at home.
Foreign companies, no matter how it first appears, do not possess all the technical expertise. There is one equalizing factor here: the collective power and experience of the African diaspora. If you look at every industry and sector in the U.S. and Europe, no matter how specialized, you will find 1st and 2nd generation Subsarahan Africans (primarily West Africans) among the most experienced and accomplished in that profession. The mass exodus of Africans called “brain drain” can be viewed differently: Africans abroad have now gained the knowledge, expertise, and technical capabilities of those societies. The only thing missing is organizing, coordinating, and adapting them for indigenous nation-building! Thus, what would happen if a visionary government organized and coordinated these collective capabilities and strategically applied them?
Here are only a few suggestions (of many others) for African Governments to use during contract negotiations. These suggestions are not exhaustive, and each requires a whole series of essays to be built into a detailed framework for practical application. Hence, the suggestions here are only meant to give a general sense of the idea.
- Request for Capability (RfC): African governments should establish a continuous Request for Capability (RfC) bidding platform. In the West, governments issue RfP’s (Request for Proposals) that allow private sector companies to bid and service government contracts. RfC’s is a similar concept, but it is a continuous open recruitment for African governments to recruit Africans in the diaspora with technical capabilities to join government contracts with foreign companies, but also to fill the African governments needs to implement a national development strategy.
- Fifty percent (50%) of Contract Governance: In the contract negotiations with the foreign company, the African government should require that 50% of all top and mid-level managers must be African for the contracts execution on African soil. The African government will then access highly qualified candidates through the issued RfCs platform, and recruit African technical experts abroad (but also domestically). After a strict meritocratic vetting process, the candidates will be chosen to fill the 50% requirement of top and mid-level African managers. The contracts will be both long-term and short-term. There are many African professionals who take sabbaticals to undertake projects back home because they want to give back. The RfCs would provide an open window of opportunity for the repatriation of Africans. The 50% requirement will ensure continuous knowledge transfer between the foreign company and African citizens. Also, when the mining of precious minerals and resources is concerned, it means African citizens will have direct access to all records and processes, in order to vet the official quantities of excavated minerals and resources the firm discloses, and also oversee its distribution and shipment.
- Irrevocable Payment Escrows (IPEs): Many Africans in the diaspora need guarantees to return home to work. So to make the RfC offer credible and lower the risk for Africans in the diaspora who accept it, African governments need to establish through legislation the use of “Irrevocable Payment Escrows”. IPEs is a term I created, and the concept is similar to “irrevocable trust accounts”. The payment for the recruited African citizen for the contract’s duration would go into the IPEs at the beginning of the contract. The legislation would state that, once monies are deposited into the IPEs for periodic disbursements to service the contractual compensation terms of the African citizens, the African government forever loses all claims and can never recall the funds back, even in a time of national crisis. Thus, the Africans in the diaspora would be paid through the IPEs and not have to deal directly with the government.
- African Rating Agency/ Chamber of Commerce: African governments should form an organization (African Chamber of Commerce) responsible for organizing, rating, and ranking an interactive list of the top African owned businesses across all sectors. Ranking metrics can be developed from data gathered through a strict research process according to size, quality, revenues, customer service, culture, value addition etc. The interactive list of “Top 10 African companies” is strategic for nation-building and contract negotiations. How? When negotiating with a foreign firm for a government contract (e.g. the extraction of a mineral), if there are logistical or technical hurdles with using the RfCs, or if the African government prefers an organization instead of individuals, they can choose an African company from the “Top 10” list to join in the performance of the contract and gain rights to 50% of the profit and administration. Naturally, the African business must satisfy all terms of the contract just like the foreign one. The RfCs and conferring 50% of business rights to a Top 10 African company ensures the continuous transfer and reinforcement of technical capabilities.
- The 20-80-20 Goal: African governments must move away from being exporters of raw materials, to refining and producing finished goods that bring a multiplicity of economic value addition. Continentally, I propose a strategic goal of 20-80-20. The proposed goal for every African country is that by 20 years, 80% of all raw materials will be refined and produced locally into finished goods, while only 20% will be exported as raw materials. Thus, in contract negotiations, African governments must advance this goal by requiring the foreign firms to build local factories to refine and produce the raw material in Africa, and thus create jobs for Africans. For the firm, 80% of the excavated raw material would be produced locally in the factory, then 20% may be exported. African governments must be earnest about the term to build local factories. Naturally, some incentives should be given to make this feasible. However, the African government should ensure the product or service is culturally adapted to the needs of the people, and that policies are in place to protect a monopoly of dominance of local markets by a foreign company.
- Community Education Programs (CEPs): A term of the contract should require foreign companies to establish “Community Education Programs” (CEPs) through the local factories. CEPs would be a structured and experience-based program where the foreign firm would be required to educate the locals about all technical processes related to their industry. From sourcing the raw material, its various capabilities and application, the process of refining it to a finished good, packaging, distributing, selling, and shipping. Locals can enroll for a small fee that can be subsidized by the government. The purpose is to ensure continuous knowledge transfer through theory and experience to the locals in the community. Also, it is another creative way to educate your citizens through a business contract. If foreign firms wish to extract raw materials, they should also be ready to give value to the locals. African citizens should always have the opportunity to gain knowledge of the treasures in their environment, and thus how to harness it.
- Reinvestments & the 25-10 Threshold: African governments must never pay a foreign or local firm with foreign currency, but use only local currency. Sometimes, capital flight is a problem in Africa whereby most of the profits a firm generates goes overseas to their original country headquarters, then the African country loses the opportunity for strategic reinvestment into the economy. Here, a leader must counteract this for nation-building. The contract should require the establishment of a local bank account by the foreign firm, and that 25% of annual profits must remain in the African country. Furthermore, that 10% of annual profits remaining in the country must be reinvested annually in a local company or project.
These are only a few of many other nation-building strategies. African governments now have great leverage when negotiating contracts with foreign companies. The purpose should not be to extort, but to be fair so everyone gains value. As a government with the duty to safeguard the African people’s welfare, officials must start thinking in a far-seeing manner, and must ensure every contract with a foreign firm yields multiplicity of benefits for the Africans citizens (also value to the firm). To achieve this, the government must set aside selfish interests and truly wish to further the development of its people. The government must leverage the collective capabilities of the diaspora to level any imbalances in negotiation, and have the humility to ensure these RfCs and Top 10 list are not corrupted by nepotism and tribalism, but that the most qualified truly wins the opportunity.
African governments must move away from the attachment to immediate gains by mainly exporting raw materials. A farmer who is proud of getting pennies for his seeds is blind to real opportunity, for he overlooks the hundreds of trees, thousands of fruits, and millions of new seeds his original seed would produce…if only he reinvested it! Such is the case with African governments. The myopicness to capitalize on small gains for exporting raw materials makes them blind to the loss of the greater opportunity of national value addition that comes through the process of locally refining raw materials into finished goods, then exporting them into the world economy. Hence, the suggestion for 20-80-20, and also the Community Education Programs (CEPs). These are just a few of an unlimited number of possibilities! We must open our minds and release our creative capacity through the good volition to help and uplift the people!
These terms might seem onerous, and that firms would not agree. However, remember we now live in a multipolar world where there are many options. When global powers compete against themselves for inroads into Africa, African governments have a strategic position to advance terms that will benefit its people. No country today holds a monopoly on technical expertise on any issue that is needed for national development, so the options are profuse. Additionally, when you take the collective capabilities of the diaspora into account, then you realize African governments are uniquely positioned and have a golden opportunity they are missing through short-sightedness. To harness this opportunity for genuine nation-building requires five things: connection upward, vision, strategy, organization, coordination.
As we nation-build, we must never forget to look upward and seek guidance from above. If the visions, strategies, and ideas expressed in my works are furthering and galvanizing, then I must acknowledge the Grace of God’s Power that allows these inspirations to flow through me for the service of nation-building that furthers the genuine welfare of the people. The worst thing a servant can do is take credit for the gift His Sovereign delivers through him, for then his conceit will soon disconnect him with the Helping Power from Above. And with this, the continuous inspirations and enthusiastic strength required to serve will harden, and in time be altogether lost. Thus, I look upward thankfully to the Almighty for all inspirations big and small I am permitted to receive, so that the Grace of His Power will continue flowing through me and others to serve His purpose in nation-building. And in this way, become a true helper and guardian of the welfare and further development of my people.
~Dr. Ikenna Ezealah
Suggestions to Modify Nigeria’s Constitution: INEC (Part 1)
Section F: The Independent National Electoral Commission (INEC)
Schedule III, Part 1, Section F of the amended 1999 constitution of Nigeria confers the powers to organize and supervise all elections on a body called the Independent National Electoral Commission (INEC). Despite many improvements in conducting elections, this body has many structural inefficiencies that has frustrated many Nigerians. The debacle of the recent 2023 elections was for many “the straw that broke the camel’s back”.
Many Nigerians are calling for reforms. Here, I wish to contribute only a suggestion for the structural transformation of INEC on the federal and state level. These suggestions are only a few of many, and I have intentionally avoided detailed explanations, otherwise it would be too pedantic for public consumption. I share these ideas to encourage legal creatives. The ideas are not meant to be exhaustive, but just to give a general sense, for the full body of expatiated ideas for the modification of the Nigerian constitution will be shared incrementally in the time to come.
Under Section F (14) The President appoints the Chief Electoral Commissioner, the twelve (12) other Electoral Commissioners, and the Resident Electoral Commission of each State of the Federation and the Federal Capital Territory of Abuja.
-The constitution should be amended to strip the president of the powers to appoint the head of INEC. It is a violation of checks and balances for a sitting President of a party to determine the head of the electoral commission, and also the other electoral commissioners of the federation. Previous experience has shown this leads to party politics and the premature calling of elections.
Instead, I propose an entirely new structure. INEC should be divided into three independent branches for efficiency and effectiveness: Policy, Implementation, Investigative. Think of each branch like interdependent federal agencies.
- Policy branch: Responsible for setting election policy and rules for the next cycle.
- Implementation branch: Responsible for the implementation of election, staffing, coordinating, supplies, collating results.
- Investigative branch: Responsible for investigating any election irregularities immediately post-election.
Each branch will have specialized roles (pre, during, and post elections), procedures, timelines, and methods of appointing Head Officers, and staff.
For example, I propose the following on the National Level for the nomination of Branch Heads:
-The Head Officer of INEC’s Policy branch, and four members of the National Electoral Commissioners, should be nominated by a counsel of three members from the majority party (one of which can be the President) from the Nigerian National Assembly.
-The Head Officer of INEC’s Implementation branch, and four members of the National Electoral Commissioners, can be nominated by a counsel of three member from the third largest party (one of which can be the head of the party) of the Nigerian National Assembly.
-The Head Officer of INEC’s Investigative branch, and four members of the National Electoral Commissioners, can be nominated by a counsel of three members from the second largest party (one of which can be the head of the party) of the Nigerian National Assembly.
If the Counsel appointing the Head of the Policy branch cannot reach an agreement within thirty (30) days of convening, then the President’s (or the authorized representative of the majority party) nomination will be binding. If the Counsel appointing the Head of the Implementation branch cannot reach an agreement within thirty (30) days of convening, then the Head of the minority party’s (third largest in Assembly) nomination will be binding. If the Counsel appointing the Head of the Investigative branch cannot reach an agreement within thirty (30) days of convening, then the Head of the minority party’s (second largest in Assembly) nomination will be binding.
The nominated Officer will need just a simple majority to be confirmed.
Under Section F (14.3) The President can also appoint the Resident Electoral Commissioner of each State of the Federation and the Federal Capital Territory of Abuja.
The constitution should be amended to strip the President of these powers, which are too far-reaching. In practice, this provision has given the President undue influence in State politics. Instead, I propose the same structure for the appointment of Federal INEC Commissioners, but on the state level.
In each State of the Federation, you would have the state-level branches of the Policy, Implementation, and Investigative branches.
-The Resident Electoral Commissioner of the Policy branch should be appointed by a counsel of three members from the majority party (one of which can be the Governor) of the State National Assembly.
-The Resident Electoral Commissioner of the Implementation branch should be appointed by a counsel of three members from the third largest party (one of which should be the head of the minority party) of the State National Assembly.
-The Resident Electoral Commissioner of the Investigative branch should be appointed by a counsel of three members from the second largest party (one of which should be the head of the minority party) of the State National Assembly.
As it is on the Federal level, with the Counsel’s lack of consensus and the timeline for agreement, so will it be on the State level. Here, the Heads of the largest three parties in the State Assembly on the various counsels (or an authorized representative) will cast the binding nomination if the allotted timeline is exceeded.
Again, as in the Federal level, the nominated Officer will need just a simple majority to be confirmed.
Federally, the President will have no power to compel elections to be called, and no election can be called without the signatures of all the Heads of each branch on the Federal level. All three must gather and also give a verbal confirmation of their authorizing and finalizing the results on a live televised session. The inference is that the Head Officer of the investigative group must confirm his branch has investigated and reconciled alleged irregularities and must provide evidence of this reconciliation. The evidence must be publicly available and documented in a Green paper (not white paper). There would be a verification process and strict timeline for this procedure that cannot be elaborated here, also contingencies to prevent gamesmanship and each branch from stalling important decisions. There are many points and specifics to mention for each group, and many other sections of the constitution in general. More details will be forthcoming in future essays.
But changing the constitution, the powers of government, the structure, procedure, timelines etc. is necessary as a precondition for Nigeria to move forward. The 1999 modified constitution as currently exists should be recalled. A new governance structure that reflects the present realities of Nigeria, and makes it possible for government and citizens to cooperate more dynamically, should take its place.
Thus, I call for a constitutional convention.
~Dr. Ikenna Ezealah
Do African Governments Need Foreign Financial Institutions When They Have the African Diaspora?
African governments have been pressing for greater influence in the IMF and World Bank, and even lobbying for a restructuring of the global financial architecture in relation to these institutions. However, why do African governments feel they need these institutions when they have an untapped reservoir: the economic power of the African Diaspora!
If institutions do not give you a seat, just create your own table. I will illustrate my point using the 2022 African diaspora remittances compared to loans and grants by these financial institutions. A few qualifiers:
-Between 2020 and 2022 the IMF provided more than 50 billion dollars to the region, so I put the figure of $25b for 2022 to be generous.
-I calculated the AfDB figure by adding all the loans and grants publications from 2022 on their website.
2022 African Diaspora remittances: ~$100billion
2022 World Bank loans: ~$30.8billion
2022 IMF loans: $25b
2022 AfDB loans and grants: $3.5b
Based on these figures, the estimated total remittance of the African diaspora for 2022 is double the total loans and grants given to Africa by the World Bank, IMF, and the African Development Bank combined.
Yes, give that epic realization a few moments to sink in and do its work!
Currently these remittances are dispersed, but what would happen if African governments harnessed and targeted them for development and nation-building? The AfDB has started exploring such possibilities. These remittances do not even account for the vast economic power of Africa’s wealthy citizens aboard who could pool money to fund special investment initiatives in Africa if the financial structure and safeguards are put in place.
It is lack of transcendent leadership, strategic vision, and disciplined governance in Africa that fails to think in an all-embracing manner and energetically harness the resources of its African citizens in the diaspora. The African diaspora is wealthier than these institutions combined so Africa does not need these institutions, Africa has only been taught to believe it does.
What Africa needs is proper leadership that looks deep within, forms a strategic vision, and employs its own physical, human, and economic resources to realize the vision. To do this, African governments and institutions must first be repossessed by genuine leaders committed to higher values and indigenous progress who govern for the welfare and development of the people.
African governments, remember the economic power of your citizens in the African diaspora. Stand up and take control of your own destiny. You have everything you need within your own spirit, the African continent, and among your people. You only need to harness it.
~Dr. Ikenna Ezealah
*Picture sourced from Pew Research Center*