K’ONYANGO: Fuel protests: Why the Global South must build economic independence
The future belongs to countries willing to build independent production capacity, alternative financial systems and strategic partnerships.
by ONYANGO K'ONYANGO
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Residents barricade a section of the Roysambu roundabout in Nairobi during the fuel protests on May 18 /LEAH MUKANGAI
Last week’s matatu protests in Kenya were not simply
about fuel prices. They were a warning sign of a deeper global imbalance that continues
to punish developing countries whenever conflict erupts somewhere else in the
world.
Thousands of commuters were stranded, businesses slowed down, food
prices threatened to rise again and ordinary wananchi paid the price for a
crisis they neither created nor benefited from.
The government blamed instability in the Middle East,
especially disruptions linked to the Iran conflict, for the spike in global oil
prices. Whether one agrees fully with that explanation or not, one
uncomfortable truth remains clear: the Global South remains dangerously
vulnerable to shocks created outside its borders.
For decades, African, Asian and Latin American
countries have operated within an international economic system designed
largely around Western financial power, Western-controlled supply chains and
Western political interests.
The result is that when oil prices rise in the
Gulf, when sanctions are imposed by Washington, or when war disrupts shipping
routes, countries like Kenya immediately suffer inflation, transport paralysis
and social unrest.
A worker in Kayole or Thika should not have to fear going to
work because tensions have escalated thousands of kilometres away. Yet that is
the reality of the current world order.
The matatu protests therefore carry an important
lesson for the Global South: survival in the 21st century will
depend on reducing dependence on systems controlled by others.
That means
diversifying energy sources, strengthening regional trade, investing in local
manufacturing and building new partnerships that are not based on political
domination. This is where emerging Eastern powers have increasingly become
important alternative partners for many developing nations.
Unlike Western powers that often approach Africa with
lectures, conditions and endless prescriptions, several Asian economies have
largely approached the continent through infrastructure, trade and industrial
cooperation.
Critics in the West like to portray these engagements as
dangerous, but many Africans judge partnerships by visible outcomes, not
ideological speeches.
Roads, railways, ports, industrial parks and energy
projects matter more to ordinary citizens than geopolitical propaganda. In
Kenya alone, foreign-backed infrastructure has transformed transportation and
trade in ways that are impossible to ignore.
More importantly, these emerging partners understand
something many Western governments refuse to accept: development comes first. A
country struggling with unemployment, hunger and fuel crises cannot prioritise
abstract geopolitical games over economic survival.
The growing push for
South-South cooperation offers developing nations a chance to create
alternative systems of trade and finance that are less exposed to Western
economic turbulence.
One of the biggest weaknesses exposed by the fuel
protests is Africa’s dependence on imported refined petroleum. The continent
exports crude oil but imports expensive fuel products, making countries
vulnerable to shipping disruptions and foreign exchange pressure.
Instead of remaining
trapped in this cycle, African governments should work with industrial partners
from the East to accelerate renewable energy, electric public transport and
industrial technology transfer.
Several Asian economies like Asian giant
already lead the world in electric buses, battery technology and solar energy
production. Imagine if Nairobi’s transport system gradually shifted from diesel
dependence to affordable electric buses assembled locally in Kenya. A Middle
East conflict would no longer bring the entire economy to its knees.
The Global South must also rethink its financial
dependence on the US dollar. Whenever global crises intensify, developing
countries face currency depreciation, rising import costs and mounting debt
pressure because international trade remains dominated by the dollar system.
Efforts by emerging economies to expand trade settlements using local
currencies may not solve everything immediately, but they represent an
important step toward a more balanced financial order. Countries of the South
cannot claim sovereignty while remaining permanently vulnerable to monetary
decisions made in Washington.
At the same time, governments in the Global South must
stop treating crises as temporary interruptions and instead recognise them as
signs of a changing world. The era of stable globalisation is fading.
Wars,
sanctions, trade rivalries and energy disruptions are becoming more common.
Survival will require stronger regional cooperation. African countries should
trade more with each other, invest in shared energy reserves and develop
continental transport systems that reduce external dependency.
Large-scale
infrastructure partnerships across the developing world, despite criticism from
Western capitals, have already shown how connectivity can strengthen economic
resilience.
Kenya’s matatu protests should therefore not only be
viewed as public anger over fuel prices. They should be understood as evidence
that the old global economic model is failing ordinary people across the
developing world.
The Global South cannot continue functioning as a passive
victim of external crises while wealthier powers protect their own interests
first.
The future belongs to countries willing to build
independent production capacity, alternative financial systems and strategic
partnerships rooted in mutual development.
Emerging Eastern economies are not
perfect, and no global power acts without self-interest. But in a world where
Western dominance has repeatedly left developing nations exposed to
instability, their development-focused model offers the Global South more room
to negotiate, industrialise and grow.
If Africa truly wants to survive future
crises, it must stop depending on sympathy from the West and start building
power through cooperation with fellow rising economies.
The writer is a journalist and
communication consultant
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