"His comments rankled many Africans. Since the beginning of the colonial era, they've seen Western companies journeying to Africa to exploit its resources and labour. Even the more recent Western investments in the African mining and oil sector are often resented. They are perceived as reaping profits without paying sufficient taxes or royalties, leaving Africans still struggling in poverty.

This perception is compounded in countries like South Africa and Tanzania, where foreign investors have been accused of looting. The controversial Gupta brothers, who migrated from India, have allegedly taken huge profits from South Africa in covert deals with politically connected officials at state-owned enterprises."

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Africans need to look in the mirror if they want to reap more rewards from foreign investment.  Don't blame foreign investors for local problems.  Want to reap more taxes and royalties?  Crack down on government corruption.