The cause of poverty in Africa

Gerry Legister By Gerry Legister, 8th Apr 2011 | Follow this author | RSS Feed | Short URL http://nut.bz/23n3g8cp/
Posted in Wikinut>Writing>Columns & Opinions

The disincentives of corruption was the main reason western countries would not invest in Africa a decade ago, but now they are managing a very healthy economy.
Opportunities are being fuelled by the younger innovated generation, who are doing useful things at grass roots level,

increasing future aspirations

The cases of poverty in Africa is almost systemic, borne by government ignorance, under girded by superstition and the lack of bravery in taking destiny into their own hands, they could have done a lot better for themselves. With the paradox of wealth and poverty, Africa owes its disconsolation to inbred corruption and continental depravity.

The cause of poverty in Africa is not the blame game, played out by leaders who lack vision, without a structure for growth, and a business plan for sustainability. Blaming others for their demise is not the answer to solve their position of plight, the bread basket is empty because of laziness, and failure to look outside the box, and focus on what they have now, and not what they were generations ago.

Rather than being angry about being colonize, by their own admission, wars have led to injustices and democratic independence has become a long road upon which they have been traveling; advancement should be sought through education, and the desire for building character and trading links with the rest of the world.

Africa’s problems stems from their own undoing, because they have more natural resources, more than anywhere else in the world, they simply don’t know how to fund manage what they have and make reinvestment into different baskets.

Many other countries have had their fare share of been captured and taken into bondage, only later to see them rise out of obscurity and are now making headlines for all the right reasons, so what is stopping the African nations from piggy backing on the world stage? The answer lies within the term of integrity and the immeasurable resources lay dormant in their own back yard.

Some of the things that caused poverty came form neglected opportunities, not making right decisions at the right timing, tribal wars and the lack of medical facilities and help people to recovery when they are ill.

The disincentives of corruption was the main reason western countries would not invest in Africa a decade ago, but now they are managing a very healthy economy.
Opportunities are being fuelled by the younger innovated generation, who are doing useful things at grass roots level, increasing future aspirations and driving the boom of rising commodities, to give the continent an abundance of resources, for the rest of the world to look at.

Positive thinking lies in the use of foreign investment with natural resources, is verve combined, it is difficult to see imperialism and colonialism coming back to take shape or form in Africa, those days of exploitation are gone. Improvisation is a crime when goverment faill to look after thier people, because Corruption Of Goverment has taken root in the system.

What are the areas that need improvement?
What are the areas that have help to caused poverty in Africa? I can name quiet a few, and the lack of integrity when dealing with business also is a dilemma which has not gone away.

Africa needs Finance and foreign investment, improve infrastructure and environment, government enrolment in regulating a framework for tremendous improvement, consumer and technology, major changes that can bring about improvement and meet the condition for investors to have confidence.

An infrastructure where government co-operate to improve the environment, and one in which long term funding can take place, debt management could to be more willing to make investment into the framework to attract other investors.

The finance market should be looking to encourage the creation of credit, and improve financial education in the professionalism of savings and pension management. The commodity and bond markets are less develop, so we could see rational stock exchanges be integrated into a better develop bond market.

A consumer market, where money is transferred by goods and medical purchase, the need to improve taxes on mobile hand sets is paramount, giving affordability to all, and has the appropriate skills to oversee tariffs, to cut cost and set up dominant market which will not encourage abuse.

Tags

Africa, Corruption, Corruption Of Goverment, Improvisation, Poverty, Problems

Meet the author

author avatar Gerry Legister
I am from the UK, and I love creative writing. And I write on many different subjects, including War peace, love, happiness.

Share this page

moderator johnnydod moderated this page.
If you have any complaints about this content, please let us know

Comments

Add a comment
Username
Can't login?
Password