Yes I've heard it a million times 'because it was the agreement'. Why aren't they making new agreements? Clearly other areas have more of a need than afrinic right now.
Are you saying Africa doesn't deserve the IPs? This doesn't sound right.
No I'm saying they have no immediate need, I didn't say they didn't 'deserve'. Other areas 'need' them more since they have over an entire /8 to give out in their pool already.
The geographic areas covered AFRINIC currently have very low Internet connectivity penetration. As the continent develops, there will be a need for IPv4 space. Just because they don't need it now doesn't mean they won't need it in the future.
I suspect we'll even see some new providers opening up shop in AFRINIC areas because they have IPv4 space available, which will stimulate the economies in these countries from taxes, jobs, etc.
If you need IPv4 addresses in the ARIN zone, you can get them on the open market. There's tons of space available. Sure, it's not cheap like getting it from ARIN, but there's no shortage of space out there.