The Development Of Africa s Postcolonial Development

Main Body Africa is made up of 54 nations and is today the least developed region of the Third World, this despite its immense possessions of for example minerals and natural resources. The majority of Africans, particularly in the Sub-Saharan parts, lack the most basic needs and as a result falls to the bottom of list of growth income per capita (UNDP, 2007). The Sub-Saharan in addition inhabits 13 percent of the earth’s residents and in addition accounts for 25 percent of the malnourished group in the developing world (FAO, 2006). The data found on Africa’s postcolonial development is abysmal, not only has the developmental fruition been austere but it has drastically fallen behind other Third World countries. An illustration of this is revealed in 1997, when the GPD per capita for Africa was the trivial sum of $560, compared to $4,230 in Latin America. Between 1986 and 1993 Africa’s real GNP per capita declined by 0.7 percent, at the same time as it inflated by an avera ge of 2.7 percent in the rest of the Third World. When going back to the pre independence period it can be affirmed that Africa is worse off now than it was before. Real income per capita has descended by 14.6 percent and the reality is that only half of the debts have been paid off, whilst the rest of the restitution is constantly being rescheduled. The majority of Africa’s overseas arrears (which measures up to approximately 80 percent) is owned by Western authorities and monetary establishments, thisShow MoreRelatedPost Colonial Afric State Building And Economic Modernization1596 Words   |  7 PagesPost Colonial Africa: State-Building and Economic Modernization The professor Ali Mazrui, imaginatively titled one of his journal articles â€Å" Africa Between the Baobab Tree and the Owl of Minerva: A Post Colonial Narrative of Memory and Learning†. 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