Ch. 966Crisis and Opportunity
Ernst assessed East Africa’s industrial growth and urged it to expand trade with South America while strengthening its competitiveness. He planned for economic development to remain the priority until 1905, with foreign crises offering opportunities to acquire technology and fill gaps in East African industry.
- Ernst called for broader diplomatic and political ties with South American countries and greater support for East African proxies.
- East Africa completed its latest round of industrial investment by 1899, expanding factories and rapidly developing electricity, machinery, petroleum, and chemical industries.
- Ernst identified Europe, the Far East, and the Middle East as current trade markets and expected South America to become East Africa’s fourth-largest market.
- Ernst argued that East Africa should prioritize industrial development, research, education, and equipment upgrades rather than military expansion until 1905.
- Ernst judged that economic crises abroad could help East Africa acquire technology and equipment, while its relatively closed interior would limit the crises’ domestic effects.