Africa’s Loss Of Revenues, Impact On The Global Market And Role Of Translators

african-economic-growthIt should be a matter of concern for the African countries, that they are still exporting raw materials to their export partners, which results in loss of revenues. The local farmers earn little, while the bulk of the profit goes to the rich countries that bring finished products into their stores. Uganda Tea corporation general manager Rogers Siima and Carlos Lopes , the executive secretary of the United Nations Economic Commission for Africa (ECA) talk about the challenges the rising Africa faces as  an industrial revolution hits the Continent.

The recent statistics show that Uganda loses millions of dollars in revenues by exporting raw tea. On the other hand, the rich chocolate-producing countries take away the lion’s share, with only 10% of the money from chocolates going to the cocoa producers in Africa. The chocolates and tea when imported by the African market becomes expensive for the local population to buy, after adding all the packing and shipment costs. With the new oil discoveries in Africa, only crude oil is being exported which is resulting in loss of revenues and the same principal applies on other unfinished exports like coffee, cotton, groundnuts etc. It cannot be denied, that business is flourishing in Africa and new investors are starting up enterprises. Whenever business activity in a region grows, the need for translators and translation services arises.

Arabic, French, Portuguese and Chinese translators are in demand in most of the East African oil producing countries where the foreign investors are coming in hordes. If proper guidance is provided on governmental level, Africa can build the necessary infrastructure for smooth trade with its neighboring countries. Also translation services can play their role in bridging language gaps, so that proper training and aid should be provided to the African countries, for them to export finished products in markets with their own labels.  There should be chocolate-manufacturing and coffee and tea producing factories in Cote d’Ivoire, Ethiopia, Malawi, Zimbabwe, Tanzania, Burundi, Rwanda, Uganda, Mozambique and Zambia. The developed countries also need to step forward and help the African continent improve their manufacturing capabilities. Nigeria as the world’s sixth largest producer of crude oil, should set up plants to refine this crude oil for local consumption.

The shift in the industrial and agricultural environment of Africa has attracted the attention of the world. Foreign as well as local investment in different social sectors has increased over the years. But a lot more is still to be done, to make the region fully developed and progressive. New technology in agriculture sector needs to be introduced, for better results in this arena. Farmers need to be educated and trained. Labor laws should be reformed and training programs, with the help of foreign tutors, should be organized to turn unskilled laborers into skilled ones. All this can only be made possible by interpretation and translation services for effective communication with the African people. As industrialization in the region has become a necessity rather than a “luxury” in the present times.