In short
Earn Your Leisure Podcast Episode Notes
Episode Title
Africa is America 100 Years Ago & China is Cashing In BIG - The Time to Invest is NOW!
Episode Description In this episode, hosts Rashad Bilal and Troy Millings travel to Guinea to engage in investigative journalism. They discuss current opportunities and challenges in Africa's economy through conversations with entrepreneurs, innovators, and community leaders. The episode emphasizes the potential for investment in Africa, exploring various sectors beyond mining.
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Key Themes and Discussions
- Africa's Economic Landscape
- Comparison to Early America:
- The hosts liken Africa’s current economic situation to America in the mid-1800s, suggesting that it is a frontier ripe for investment.
- The perceptions of risk associated with investing in Africa are compared to historical views of America as the "wild west."
- Investment Opportunities
- Key Areas for Investment:
- Real Estate: Rising demand due to expatriates and professionals in the mining sector.
- Agriculture:
- Guinea has vast arable land (40% of West Africa's total) and is positioned to become a food supplier for the region.
- Current agricultural imports are highlighted, with a focus on potential projects involving Brazilian agricultural technology.
- Political and Economic Stability
- Political Challenges:
- Guinea has experienced political instability for the past 20 years, impacting investor confidence.
- Despite low national debt, the political climate remains a significant barrier for foreign investors.
- Global Investment Trends
- Current Players in the Market:
- Chinese investors are identified as the primary stakeholders in Guinea, followed by Turkish and Arab investors.
- The discussion reflects a shift away from traditional Western investment, with American and European investments declining.
- The Role of the African Diaspora
- Encouraging Investment from African-Americans:
- The hosts advocate for African-Americans to invest in Africa, emphasizing the historical connection and potential for mutual benefit.
- The narrative stresses the importance of African-Americans recognizing the opportunities in Africa rather than allowing foreign entities to dominate.
- Economic Disparities
- Wealth Disparities:
- The episode discusses stark contrasts in wealth within Guinea, where luxury developments exist alongside extreme poverty.
- Many profitable ventures in Guinea are foreign-owned, raising questions about local empowerment and ownership.
- Future Outlook
- Global Implications:
- There’s a call to action for the global community to invest in Africa for mutual growth.
- The hosts suggest that developing Africa is crucial for the health of the global economy, given its vast resources and strategic importance.
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Key Takeaways
- Investment Potential: Africa represents a significant investment opportunity similar to early American history; various sectors, especially real estate and agriculture, are highlighted.
- Political Stability: Political issues remain a key concern for investors, impacting their willingness to engage.
- Empowerment of the Diaspora: African-Americans are encouraged to leverage their heritage and opportunities in Africa for economic empowerment.
- Global Responsibilities: The episode suggests a collective responsibility among global powers to support Africa’s development for future sustainability.
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Conclusion This episode of the Earn Your Leisure podcast offers a profound insight into the current economic landscape of Africa, urging listeners to reconsider the potential and opportunities available on the continent. It challenges the prevailing narratives of risk associated with investment in African nations and emphasizes the need for a concerted effort to drive economic growth and development from within the diaspora.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00This is an iHeart Podcast. Guaranteed Human.
0:31Such good feelings. Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. A new year doesn't ask us to become someone new. It invites us back home to ourselves. I'm Mike Della Rocha, host of Sacred Lessons, a space for men to pause, reflect, and heal.
1:11This year, we're talking honestly about mental health, relationships, and the patterns we're ready to release. If you're looking for clarity, connection, and healthier ways to show up in your life, Sacred Lessons is here for you. Listen to Sacred Lessons with Mike Della Rocha on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
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2:38PNC Bank, National Association, member FDIC. If you look at Africa today, I mean, you look at all of this, right? You look at Guinea and whatever you see here, you go to Senegal, you go to Côte d 'Ivoire, you're going to see the same. So this is kind of like America back in the mid-1800, early 1900 right so back then the problem with the uh europeans was like they're looking at america as the wild west whereas like investment is really risky so but uh the early investors like the connegees the rockefellers all of that the ones that took the risk early on today they don't want to control the financial uh industry in the state which means they can they control the financial industry globally right and so africa is at that point today so you have and you have a lot of investors actually interested in Africa but they still that what if right like the risk and like uh and mostly is like connected to political problems because you look at it we are like um politically most of the countries are not stable like you look at guinea for example guinea hold the lowest debt in africa but a lot of the investors they look at that which is amazing but the problem is politically guinea has been challenged for the past 20 years right since we lost our land center country you had militaries militaries and right now we have the military they want to do good things but it's like you know um like an american or like a european or japanese you know me as a as an african who's an american i can understand it you know i can get my money in america bring it to africa because i have my family here right it's like i'm not risking much but let's say for somebody like you you don't have anyone here right like the risk is too high if you look at it from a financial perspective these are all huge opportunities these are like real set opportunities but it's like the question is if you put your money what guarantees do you have you know you're not going to lose your money you see like a building like that that building costs around five million dollars but actually the green one yeah yeah that building right there it costs around five million dollars they already made a return on their investment because you know how much they can sell an apartment they can sell apartment for a million dollars is it it's insane yeah it's crazy like a rent like a building like that can go easily five thousand dollars a month yeah so because most of the people that live in it is diasporas like me or people who work in the mining sector you know like big enterprises they have money they uh they take rent for their um executives right or ministers because you have the president palace right there you have them all the ministers of economy and finance are rare so most of the time they don't want to go home so they rather take apartments in downtown so the rent is like crazy they can get back yeah exactly they can get back tomorrow but who's the people that actually are taking the risk right now oh right now chinese number one the chinese see those buildings are owned by turkeys both both both both both both of them so the chinese the turkeys uh a little bit of Americans, Europeans less.
5:36Because now the Americans are more like, you know, like from a geopolitics, it's like the Americans are kicking out the Europeans. When we talk about Europeans, like the French in a way, right? So you have some Americans that are coming to invest a little bit. But number one is the Chinese. And then also you got the Russians. So which is one of the many reasons like the American, like somebody like us, who's like an African like a guinean in my case at the same time an American like I'm close with the American ambassador like not just here but a couple of countries they're trying to leverage people like us to come with small Americans to come because they're losing the game to the Chinese and to the Russians it's like they don't want that like most of the roads here are done by the by the Chinese like you know we talk about Shemendu right the biggest project in Guinea today 51 % ownership it's owned by Sinfer which is a Chinese company right so the Chinese are the biggest risk takers and then the um the Saudis the Emirates so first the Chinese second the Arabs third the Russians and then um you have the Americans it's a it's a common theme as you go to country to country yeah yeah yeah it's a common same thing so most people know mining here in Guinea yeah what are some of the other areas of investment apart from mine yeah uh definitely real estate Second, agriculture.
6:54We've been working on a project that the vision, we're calling it the 10-year vision, is to feed West Africa. Because Guinea today, Guinea is importing around$1.2 billion a year worth of sugar. It's insane. And it's importing around$1.1 billion worth of rice. Right? It's ridiculous. So we've been in this discussion with the Brazilians, because everybody knows today Brazil, they become the number one agriculture country because Brazil became Brazil because of agriculture. You know, they're taking over even the state when it comes to cattle farming, right? So we've been discussing with the Brazilians.
7:31I brought some partners here a couple of weeks ago. So we're trying to do how to bring that Brazilian technology into agriculture to develop Guinea because Guinea holds 40 % of West Africa's arable land. So that means Guinea can feed West Africa, basically. But nobody knows that because everybody knows about when you talk about Guinea, they talk about bauxite. They talk about iron. They talk about the mine because that's what everybody knows about Guinea. It's that wealthy country that have all type of money. Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts than ad-supported streaming music from Spotify and Pandora.
8:10And as the number one podcaster, iHeart's twice as large as the next two combined. So whatever your customers listen to, they'll hear your message. Plus, only iHeart can extend your message to audiences across broadcast radio. Think podcasting can help your business? Think iHeart. Streaming, radio, and podcasting. Let us show you at iHeartAdvertising.com. That's iHeartAdvertising.com. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings.
8:45Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. NLP, aka Neuro Linguistic Programming, is a blend of hypnosis, linguistics, and psychology. Fans say it's like finally getting a user manual for your brain. It's about engineering consciousness. Mind Games is the story of NLP. It's crazy cast of disciples and the fake doctor who invented it at a new age commune and sold it to guys in suits. He stood trial for murder and got acquitted. The biggest mind game of all?
9:25NLP might actually work. This is wild. Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. New year, new goals, and in this economy, a better money plan is more necessary than ever. I am Matt. And I'm Joel. We are from the How to Money podcast. And every week we help you to spend smarter, save more, and make sense of what's going on out there. If you want 2026 to be the year you finally feel in control of your money, we're here to give you the tools and advice to help you make it happen. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
10:04Hey, what's up, y 'all? This is Questlove. Recently, I had the opportunity to sit down with A$AP Rocky ahead of his album release, Don't Be Dumb. He reflects on his journey from his Harlem roots to global icon status, discovering the hip-hop origin of his name. The ledge was on the TV. Rakim had the bucket hat Kangol during it. Pops was like, that's Rakim. That's who you named after. I just was like, damn, that was f***ing. I swear. Rocky offers a window into not only a boundary-breaking artist, but as a man committed to fusing creative ideas, community, and remaining unapologetically himself.
10:39Have you ever gotten roasted for any of your outfits? For sure. Some people don't be getting the vision. Look, they can roast me, they can cook me, they can deep fry me, they can saute, whatever they want. It's nobody who can f*** with my fashion sense and my taste is impeccable. I'm just like, I impress myself a lot. It's an amazing conversation, one you definitely don't want to miss. So listen to the Questlove show on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. it works right because today guinea is exporting um around nine billion dollars just gold to dubai alone right so the economy of guinea is divided between bauxite and gold the government and our entrepreneurs like us we want to change that we want to change the narrative a little bit by showing hate it's not just about um mine there's a huge opportunities out there that a lot of people can make a lot of money like you know potential investors can make a huge uh return on their investment uh apart from uh the mining side so china invested heavy all of the arab countries invested heavy like why is it important for black americans and the diaspora yeah to invest i mean for me it's pretty uh it's a it's a it's a no-brainer because when you talk about i mean for me when you know when you talk about black america or like like every black person they originate from here right so why should we let the chinese or you know the arabs or other people come back to africa and only like we know africa made china where what china is today africa made america what america is today because you look like without the technologies coming out of the continent we wouldn't have the technology we have today.
12:30You know, and all of that is coming from the continent, right? And we've seen the changes. So why not attract, you know, black Americans to come back and take that advantage rather than go to the white man, to the Chinese, to the Arab, right? So it's like, you know, the message, my message I will put out to my black American friends is to like look at africa as the same way you know the the the few white europeans looked at america back in the 1800s right so the opportunity is like you can't even put a number you can't you can't put a number on it right so um everybody knows uh without africa uh from climate change everything by 2050 like the world is not going to be the same because right now it's even like the global powers they're actually saying if they don't because they've taken everything from africa and now we get to a point where like if they don't even help africa develop between now and 2050 the world is going to be screwed over because africa have so much poverty and it's literally holding the global economy down okay and so and it's like you have the poverty but at the same time they need everything from africa like africa hold when you talk about again agriculture africa holds 50 percent of arable land 60 percent of the water reserves right because you know a lot of countries are running out of water but africa you have you have lakes everywhere so everything is back like so if we don't fix the balance the global economy going to collapse like we cannot just keep on when i say we we're talking about like you know the global um financial system they cannot just keep on taking things from africa so they have to give back and so like the best people that you know supposed to capitalize on that opportunity is black people like black people being not just in africa but outside of africa till today we've been up like we oppress everywhere you go to brazil you see black people like you know uh at the bottom you go to you you go to the state like but we can change that we could be on top and we can be on top really fast instead of like spending going like 100 years for us to be on top we don't have to go through the same process and the the systems that the white man the asian they go through that no we can pivot you know we can uh fast track to get to work because now you have technologies you have everything right and we got the knowledge right you look at some of the biggest institutions today they're owned by black people right so like why can't why not us black people successful like african-americans come back to the motherland take advantage of what already the white man is trying to take advantage because see that's the thing like they don't want uh the successful black man like you know african-americans to see that growing up in new york i remember that and as a businessman who have made it to that little bit you know becoming a millionaire as a black man you get to meet a lot of people people will ask me like how did you made it to become a millionaire as an african because it's like almost impossible they don't see when you talk about africa they see this no i mean which is like this is the reality because for them when you talk about africa what's come to their mind is this they don't think you have something like that you know what i mean they don't think you have something better in africa well like we want to change i want to say hey look uh the black rock the real tintos the world biggest institutions their their wealth is coming from africa but that also speaks to the display like that's a visual of right there then right there yeah like that's the change that's happening yeah and fast like it's like you don't have to go far just right here that's all that's a million dollar house that's uh you know that that's like below poverty line so it's literally and then the crazy thing you have the president right there so the president you have the president right here who is like the president of the country you have a multi-millionaire who live uh you know just right there at the same time you have somebody you cannot even get a dollar a day right i was making a lot that somebody's got the opportunity oh yeah somebody's already developed yeah exactly see somebody's already building i mean you look left and right there's already buildings coming like you know coming up here at this scale the natural right like we're talking about ocean front yeah i mean yeah right there you have the islands over there like you have about three four five islands just right there all right so i mean and this is not just guinea like you go to senegal you go to cote d 'ivoire you go to benin like where everywhere you go in the continent is like that you know like so you can see the opportunity right there and the sad reality is that you see those buildings they're not they're not owned by even guineans they're owned by turkeys they're owned by you know the white skin they're not owned by black people but like because they see the risk the return on investment is way higher than the risk exactly they know the reward so that's why they willing to come like you know um taking over a place like this in a matter of a couple of months they turn it into that and they make it millions of dollars earners what's up look this episode is brought to you by Square Banking.
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19:46to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle? A shady hypnosis scam? Or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. A new year doesn't ask us to become someone new. It invites us back home to ourselves. I'm Mike Della Rocha, host of Sacred Lessons, a space for men to pause, reflect, and heal. This year, we're talking honestly about mental health, relationships, and the patterns we're ready to release. If you're looking for clarity, connection, and healthier ways to show up in your life, Sacred Lessons is here for you.
20:30Listen to Sacred Lessons with Mike Delaroach on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, it's Joel. And Matt. From HowToMoney. If your New Year's resolution is to finally get your finances in shape, we've got your back. Prices, they're still high, and the economy is all over the place. But 2026 is the year for you to get intentional and make real progress. That's right. Each week, we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference. Kick off the year with confidence. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
21:09Hello, hello, all my people. What's up? It's Questlove. Recently, I had the opportunity to sit down with the one and only A$AP Rocky. He reflects on his journey from Harlem roots to global icon status and discovering the hip-hop origin of his name. The ledge was on the TV. Rakim had the Buckethead Kangol join on. Pops was like, that's Rakim. That's who you named after. I just, damn the f***ing f***ed. I swear. Listen to the Questlove show on the iHeartRadio app, Apple Podcasts, or wherever you get your podcast. This is an iHeart Podcast. Guaranteed human.
From the publisher
We’re in Guinea 🇬🇳 doing some investigative journalism — sitting down with entrepreneurs, innovators, and community leaders to uncover the real opportunities and challenges shaping Africa’s economic future. From business growth to infrastructure and innovation, these conversations reveal what’s really happening on the ground — and why the world is paying attention. 🌍💡 #EarnYourLeisure #Africa #Guinea #InvestInAfrica #EYL #AfricanBusiness #EconomicGrowth #Entrepreneurship #WealthBuilding #GlobalOpportunities #AfricaRising
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