ARE INTERNATIONAL FINANCIAL INSTITUIONS ASSISTING AFRICAN STATES EFECTIVELY TO DEAL WITH SOCIO-ECONIMIC CHALLENGES?
Africa is commonly known for its diverse history of the human origins and academics often use the term “cradle of human kind” with the discoveries of fossil dating ages back that resemble the human being. The forms of civilisation were also recorded to have begun is Africa specifically in Egypt which was facilitated by Africans. Regardless of the developed states in Africa majority of the states are under developed. From these information it can be analysed that before civilisation all continents were on the same scale of development but Africa had the advantage of mineral resources. The following study will focus on the socio economic …show more content…
Colonialism left an invaluable legacy in Africa, wherein even after African states gained independence it becomes relatively difficult to utilize Africa’s mineral resources to its own gain. This was as a result of the European renaissance and the trans-Atlantic slave trade that was characterised by the massive loss of African lives greatly in the Gold Coast. African who resisted to be involved in the slave trade were tortured and some were killed e.g. the battle of Waterberg in Namibia 1904 perhaps it is from these occurrences where we can conclude that colonialists are the powers that underdeveloped
Africa is commonly known for its diverse history of the human origins and academics often use the term “cradle of human kind” with the discoveries of fossil dating ages back that resemble the human being. The forms of civilisation were also recorded to have begun is Africa specifically in Egypt which was facilitated by Africans. Regardless of the developed states in Africa majority of the states are under developed. From these information it can be analysed that before civilisation all continents were on the same scale of development but Africa had the advantage of mineral resources. The following study will focus on the socio economic …show more content…
Colonialism left an invaluable legacy in Africa, wherein even after African states gained independence it becomes relatively difficult to utilize Africa’s mineral resources to its own gain. This was as a result of the European renaissance and the trans-Atlantic slave trade that was characterised by the massive loss of African lives greatly in the Gold Coast. African who resisted to be involved in the slave trade were tortured and some were killed e.g. the battle of Waterberg in Namibia 1904 perhaps it is from these occurrences where we can conclude that colonialists are the powers that underdeveloped