Black Technology Editor

Chapter 146 The Common Currency of the African Union
How food-deprived is Africa?
Just look at a set of data.

In ancient times, Africa's food self-sufficiency rate was always above 90%, and reached 98% at the highest point. In modern times, this situation deteriorated sharply, and the food self-sufficiency rate dropped to less than 50%.

In modern times, after countries have become independent one after another, the food self-sufficiency rate is actually less than 30%.

What is this concept?That is to say, more than 70% of the food in Africa depends on imports.

To put it bluntly, if a country that controls food channels wants to deal with Africa, it doesn't have to do anything, just cut off the food supply.

African countries can see this situation, but they are powerless to change it.

As a result, the level of agricultural development in their own country is backward, and the population continues to expand.

Second, there are too few Africans who are willing to grow food, because they are tired if they don’t make money.

Developed countries have almost destroyed the agriculture of African countries with their advanced agricultural technology.

The rest are all relying on government subsidies to support them.

You can't resist even if you resist, you can only endure silently.

But now, when they heard that Huanyu Trading Company could produce 6000 million tons of grain a year, why didn't they feel excited.

Anyway, Huanyu Trading Company is also a company from an African country. Letting it control the food channels is more reassuring for them than letting Western countries control the food channels!

Besides, they are not clear about Kanya's military level.

Without sufficient military strength, even if Kannia becomes the breadbasket of the whole of Africa, what kind of waves can they make?

It is definitely not one or two who have this idea.

Especially Rainbow Country.

As a neighboring country of Kanya, the Rainbow Country has always coveted Kanya's land.

Especially after Lu Chen invested in Kanya, it made the Rainbow Kingdom go crazy with jealousy.

The last time they secretly supported the Kanya anti-government army was a test of the Kanya government. Of course, the result of the test was not satisfactory.

After everyone quieted down, the President of the Rainbow Country pondered for a moment and said: "6000 million tons is indeed a lot, but it is still not enough to meet the food shortage of all our countries."

After speaking, he shook his head.

Because he felt that he was too greedy.

There are more than 50 countries in Africa, and there are at least 30 countries that are short of food. Isn’t it a bit of a dream to ask a company to meet the food shortage of more than 30 countries?
The total population of Africa is about 13 billion, and more than 70% of the population lacks food, which proves that the food gap in Africa is about 3.6 million tons or more.

With such a large food gap, let alone Huanyu Agriculture, even the four major international food giants, it is not an easy task.

To be honest, 6000 million tons of grain has already covered one-sixth of the gap.

It would be a little dissatisfying to expect more.

Thinking of this, the President of the Rainbow Country apologized, "I'm sorry, I'm too greedy."

"Your Excellency, you are not greedy," Qin Ruolan shook her head, "It's not something hard to say about holding food in your own hands."

She paused, "On the contrary, I quite agree with your opinion."

As she spoke, she looked around the crowd: "Indeed, our Huanyu Agricultural Company will not be able to meet all of Africa's food shortages this year, but next year, we are sure to more than triple our food production."

three times!
Three times the 6000 million, that is, 1.8 million tons, this output can already meet half of Africa's food gap.

Really not low.

Qin Ruolan strikes while the iron is hot: "We can guarantee that within three years, all food shortages in Africa will be met!"

"boom!"

This sentence completely caused a sensation at the AU summit.

If it wasn't for the video conference held this time, it is estimated that everyone at the scene would be uproarious.

It can be seen that the food shortage is a difficult problem for African countries.

And what is the position of Huanyu Agricultural Company, which claims to be able to solve this problem, in the hearts of African leaders.

But not everyone believed Qin Ruolan's words.

Because there is no shortage of liars in this world, even if they don't know the real purpose of the liar.

Matamela stared at Qin Ruolan intently, and said, "How can we believe that your company can do it?"

"Your Excellency, if I say I can do it, you won't believe me. All I can say is that in the next four months, we can provide countries with 6000 million tons of grain, because the grain is piled up in our company's granary middle."

Of course, Qin Ruolan's words were bragging.

Huanyu Agriculture has only harvested 3000 million tons of grain this season.

Qin Ruolan also counted the food for the next season.

However, judging from Huanyu Agricultural Company's continuous acquisition of Kanya cultivated land during this period, the grain production in the next quarter will only be more.

6000 million tons is a completely conservative figure.

Of course, Qin Ruolan couldn't tell outsiders about this.

When everyone heard this, they felt a little relieved.

But before everyone was completely relieved, Qin Ruolan suddenly brought up a topic: "However, we also have one condition."

"What conditions?"

As the rotating leader of the African Union, Matamela asked almost reflexively.

“We want to make the summer dollar the trade currency of the AU.”

"what?"

"This is impossible!"

"I don't agree."

"."

Immediately, there were several fierce voices of opposition from below.

Without exception, these objections are the most powerful countries in Africa.

Although the most powerful countries in Africa are not enough to be seen internationally, they have to admit their strength in Africa.

Of course, Lu Chen didn't think much of this strength.

Since there is strength, there must be ambition, which is inevitable.

Just like Lu Chen, when he had no strength, he only dared to nest in Kanya to develop secretly. Now that he feels that his wings are growing, he dares to talk about the issue of the African Union's trade currency.

In fact, at the beginning of the establishment of the African Union, it was to unify the currency and break down trade barriers.

However, compared with European countries, the AU's economic cooperation path seems to be more tortuous.

The most difficult thing to do is the unification of currency.

To put it simply, no one is convinced.

Coupled with the interference of external forces, although the African Union has been established for decades, the trade currency between countries is basically the US dollar.

But we have to admit that currency unification is only good for African countries, not bad.

But who will issue the currency has become a big problem.

Each country holds one vote and issues currency uniformly?Big countries will definitely not do it.

The big countries jointly issued it, but the small countries refused.

Besides, given the economic conditions in Africa, the basis for a unified currency cannot be achieved.

So the problem froze and remained unresolved for decades.

Now that Qin Ruolan suddenly proposes to use Xia yuan as the trade currency of the African Union, he will definitely receive fierce opposition.

What is Xia Yuan?
Currency of Kannya.

Isn't it a dream that the currency of a small country wants to become the unified currency of Africa?
(End of this chapter)