Sorry, but that bike is stupid and you are wrong about the frames being overpriced.
[1] is a bike designed by people who know what they are doing for 3rd world conditions. It has evolved over years to something that will last 20 years easily in Africa and can be serviced by people on the ground there with no special infrastructure.
the result is a robust bicycle engineered specifically for rural African terrain and load requirements. Branded the World Bicycle Relief Buffalo Bicycle, it is designed, tested and assembled in Africa with close attention to end-user feedback and rigorous quality control.... Furthermore, World Bicycle Relief Buffalo Bicycles are compatible with locally available spare parts, ensuring that with proper maintenance they will last for years.
The frames are mass produced in Asia (I assume China) and I'd be surprised if they are more than $10 each (based on priced of frames available on AliBaba).
If you are interested in this then http://worldbicyclerelief.org/ does a pretty good job of not only distributing bikes but making sure they train mechanics and providing tools etc to avoid reliance on external parties.
[1] http://worldbicyclerelief.org/pages/the-bike