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Africa as a continent has suffered for many centuries due to colonization, slave trade, Colonia
without considering the historical antecedent, being in some cases as the resultant effects or
contributing factor to this underdevelopment renders the whole discussion incomplete. For a
country to be called underdeveloped simply means, to compare that country with other countries
in terms of GDP growth, per capita income, advancement in technology, education, health, issues
of inequality etc. comparing Africa to the rest of the world based on these measures, conclude
why Africa is called an underdeveloped continent. There have been major developments in the
global decline of poverty, inequality, education, availability of health facilities etc., in recent
years, but, unfortunately, Africa’s contribution to these developments has not been encouraging
or statistically, is almost insignificant. Some of the reasons for explaining why Africa is
First and foremost, the slave trade to many has been one of the contributing factors
causing this phenomenon. To talk about development in the 19th century coming, one will not
overlooked the fact that the labour force, peaceful and conducive environment plays a crucial
role in facilitating these developments such as farming and harnessing the natural resources for
development etc. due to the slave trade which is been estimated to be in the range of ten million
slaves to over hundred million slaves shipped from Africa to Europe, these estimated numbers do
not just reflect the shipment of Africans to European soil but also shows that these slaves were
the strongest men and women of the society. Because of this slave trade, development was halted
almost in all African countries because there was the displacement of people, the able men and
women who can help too has been taken away etc. Some of the effect of this slave trade explains
Secondly. Colonization, which means losing control over your resources, being denied of
your freedom and power to rule yourselves etc. these were the situation African countries were in
during the 17th century coming, these colonizers invaded African countries in the name of
looking for a market for their product, the best description of colonization during the 17th century
coming was the word exploitation. These Europeans came to Africa to exploit the indigenes, rob
them of their resources, took away their mineral resources, and set up institutions in the interest
of these capitalists to deny Africans to have a say in the way they are governed. Since their
interest was to exploit the indigenes, they did not train, or educate many of the indigenes, by the
time these Europeans leave Africa, majority of Africans were still illiterate, unable to read and
write, having no knowledge regarding health issues, financial matters, economic management,
this and many more explain why colonization is one of the contributing factors in causing this
phenomenon.
Deputy Governor of the Central Bank of Nigeria has been economic globalization. Economic
globalization to him “has hurt Africa because Africans have embraced globalization without
interrogating it, Africans have assumed globalization is a good thing at all times and in all ways”.
African countries are at a disadvantage when it comes to world trade, because almost 50% of
world trade is coming from manufacturing, African countries have not fully transformed into a
manufacturing economy, Africa countries simply provide a market for globalization, we are strip
of the benefits that comes with globalization because we rarely export things in a finished form,
all our exportation has been in a raw form, which clearly implies that African countries have still
not transformed into an industrialized economy to be able to compete with the advanced world
Finally, bad governance and political instability has been discovered to be a major contributing
factor. Many African countries are faced with the problem of bad governance both in the past
and the present. Most Africa leaders rule with dictatorship, which means, the citizens do not have
the right to live freely or choose what they want to do with their lives. They are to strictly adhere
to the harsh rules and regulations of their leaders. In places like South Sudan, Democratic
Republic of Congo, and Angola, regardless of their rich subsoil and raw materials, these
countries still suffer poor management from bad governance. During the African economic
conference held in the year 2017, it was noted that bad governance has been a major stumbling