Why don't African awimbawe countries have gold reserves?

[CaliTedesse]

Can't even think of one. I'm sure Africa has most amount of gold yet not one country has a great amount of gold reserve waa iska gaajo.

 

[Lostbox]

Look no further than Gaddafi.

 

[The alchemist]

Resource curse

 

[CaliTedesse]

Reminds me of this Eritrean guy I was talking to dude was frustrated with life abihiis wasaha he told me : muh country is rich we have gold coast islands anything this country is poor no gold no nothing but look we are poor I am here

Walle in back of my mind I was thinking : war hooyada was u bucktooth Eritrean Ur country is poor becos ur ppl are dumb

But I assured him everything will be alright when Isias Afewerki steps down.

 

[Waaqo of Punt]

Reminds me of this Eritrean guy I was talking to dude was frustrated with life abihiis wasaha he told me : muh country is rich we have gold coast islands anything this country is poor no gold no nothing but look we are poor I am here

Walle in back of my mind I was thinking : war hooyada was u bucktooth Eritrean Ur country is poor becos ur ppl are dumb

But I assured him everything will be alright when Isias Afewerki steps down.

Some Eri told me the same thing, something about citizens having gold available to them

ngl tho Eri was the richest country in East Africa once upon a time. The infrastructure and free trade was good. Then Afwerki went fool communist Mao mode and fuked them lol. That nigga even watches Chinese TV channels in Eritrea

 

[CaliTedesse]

Some Eri told me the same thing, something about citizens having gold available to them

ngl tho Eri was the richest country in East Africa once upon a time. The infrastructure and free trade was good. Then Afwerki went fool communist Mao mode and fuked them lol. That nigga even watches Chinese TV channels in Eritrea

Bro how tf does Eritrea produce around 1000 tonnes of gold a year and only have 1.2 as gold reserve

@The alchemist

 

[Waaqo of Punt]

Bro how tf does Eritrea produce around 1000 tonnes of gold a year and only have 1.2 as gold reserve

@The alchemist

Idk man Axumites had a high IQ.

 

[The alchemist]

Bro how tf does Eritrea produce around 1000 tonnes of gold a year and only have 1.2 as gold reserve

@The alchemist

The statistics are not correct, but a source claims that it is expected to produce 350,000 ounces of gold every year.

 

[Ras]

I don't see anything wrong with the politicians robbing their countries clean when the dumb citizens don't care.

 

[Libaaxseendheer]

We dont have roads and youre talking about surplus money reserved in gold

 

[Tukraq]

We dont have roads and youre talking about surplus money reserved in gold

I’d rather have gold then roads