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US Scholar Attributes Europe’s Prosperity To Africa  

Olushola Bello by Olushola Bello
4 years ago
in News
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A Professor of Journalism at Columbia University Graduate School of Journalism, Howard French, has said, Africa provided gold and cheap labour, in the form of slaves, for the transformation of Europe into a prosperous and economic zone in the 19th century.

French, who was a guest speaker at the hybrid fourth edition of the Sterling Leadership Series with the theme: ‘Born in Blackness: Truth, Lies and X’, held in Lagos, contended that, it was gold from Ghana and slaves from the rest of Africa that served as cheap labour for three and half centuries during the slave trade that made the difference in terms of Europe’s economic prosperity compared to other parts of the world.

He argued that, it was Africa’s wealth and labour that enabled the settlement of the Western Hemisphere and ensured the transformation of that part of the world into a prosperous economic zone.

According to him, “without Africans, the prosperity of Europe would never have happened on the scale it is today. Europe would have been a minor player in the history of the modern world. It is Africa and its people that made the difference for Europe.

“French, who had worked with the New York Times as a foreign correspondent, remarked that the enslavement of Africans was the basis of economic life in Barbados, which the British took over in 1630.”

He noted that, “consequently, the English were able to defeat Spain and took Jamaica away from them. Jamaica became larger because English techniques of plantation management were so much more refined at that time and Jamaica became a vastly greater source of wealth even than Barbados had been for England.”

He said, the life expectancy of the African slaves from the moment they landed in a plantation in the New World, on the average, was between five and seven years.

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He noted that economic freedom led to the birth of the concept of citizenship, which had never existed before in Europe as the English people had time to relax while drinking coffee.

The hybrid event was attended by emerging leaders in the Nigerian economy, directors of Sterling Bank, senior management staff, employees on the leadership track of the bank, high network customers and other external customers as well as media practitioners.

The past three highly successful Sterling Leadership Series had featured speakers, such as; Professor Wole Soyinka,  former Minister of Communication Technology, Dr. Omobola Johnson and Mr. Yaw Sarkoh, former Managing Director and CEO of Unilever Nigeria Plc. They were hosted by Yemi Odubiyi, Executive Director, Corporate and Investment Banking with Sterling Bank.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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