Do Western Nations Keep Africa Impoverished?

How much wealth was stolen from Africa during colonialism

Why is Africa rich but poor

Africa is a continent with a rich history and culture, but it is also one of the poorest regions in the world. Many people believe that this poverty is due to factors such as colonialism, corruption, and natural disasters. However, there is also a growing body of evidence that suggests that Western nations may be playing a role in keeping Africa impoverished.

Why Are African Countries Impoverished?

There are many reasons why African countries are impoverished. Some of the most common factors include:

  • Colonialism: Colonialism had a devastating impact on Africa. European powers extracted vast amounts of wealth from the continent, and they also imposed political and economic systems that were designed to benefit the colonisers, not the colonised.
  • Corrupt governments: Many African governments are corrupt. This corruption leads to misappropriation of funds, which could be used to improve the lives of the people. It also creates an environment where businesses are hesitant to invest, which further limits economic growth.
  • Natural disasters: Africa is a continent that is prone to natural disasters, such as droughts, floods, and earthquakes. These disasters can cause widespread destruction and loss of life, and they can also set back economic development.
  • Externally based corporations and foreign governments: External forces deliberately impede the progress of Africa for their benefit. A multitude of tools are used to maximise earning potential outside of Africa at the expense of internal wealth development.

Why Would Africa Be a Place That Countries Like Great Britain, America, and France Would Want to Control?

Africa is a continent with a wealth of natural resources, including agriculture oil, diamonds, and gold. These resources are valuable to Western nations, and they have been a major source of conflict in Africa. In addition, Africa is a strategic location, and it is home to important shipping routes. Many say Africa’s assets have been stripped by western nations or their corporations without equitable compensation or support for Africans.

How Does France Control Africa?

France has a long history of involvement in Africa. In the past, France colonised much of the continent, and it still maintains strong economic and political ties to many African countries. France also has a military presence in Africa, and it has been accused of using this presence to protect its economic interests.

Is Africa Considered a Poor Country?

Africa is a continent with a wide range of economic conditions. Some African countries are very poor, while others are relatively wealthy. However, as a whole, Africa is considered to be a poor continent. According to the World Bank, the average income in Africa is just over $1,000 per year. This is significantly lower than the average income in other parts of the world.

Do Western Nations Keep Africa Impoverished?

There is no easy answer to the question of whether Western nations keep Africa impoverished. However, there is evidence to suggest that these nations may play a role in perpetuating poverty on the continent. For example, Western nations often impose trade barriers that make it difficult for African countries to export their goods. They also provide financial assistance to African governments that are corrupt and repressive.

Conclusion

The issue of whether Western nations keep Africa impoverished is a complex one. There is no doubt that Africa faces many challenges, but it is also clear that these challenges are not insurmountable. With the right support, African countries can overcome these challenges and achieve economic prosperity. With greater reward for African resources Africa will prosper – at the expense of western businesses. That’s the nub of the problem of African economic development.

More business risk management articles videos and risk reviews

Do Western Nations Keep Africa Impoverished?

Risk Magazine Subscription With BusinessRiskTV

Risk management news articles opinions and reviews on BusinessRiskTV.com

BusinessRiskTV risk magazine subscription is quick online. Want to find out more about your country or industry risks? Interested in how other business leaders and risk management experts manage business risks well or badly? Subscribe to BusinessRiskTV for free.

Risk analysis risk insight with risk management news opinions and reviews

Business Magazines UK

Inform your business decision making. CLICK HERE or email [email protected] entering code #RiskMagazineSubscription

Scan the horizon for risks that will impact on your business objectives. Inform your foresight and scenario planning processes to be better prepared for threats and opportunities to grow faster. Stay up to date with the best enterprise risk management practices. Avoid the pitfalls of business management others have fallen into.

Exploring the key risk management trends and practices

Helping you identify and manage better key risks to your business. Business leaders get the latest news on whats happening in the business world. Read risk analysis articles or participate in online debate and discussion.

Improve your risk knowledge and business intelligence to make best business decisions more often.

BusinessRiskTV

We welcome business leader and risk management professionals contributions. BusinessRiskTV was founded by Keith Lewis and is published by C&C Associates. We work with our risk management partners to provide tips advice and support to business leaders around the world. Seize the day with more confidence in your risk management decision making process.

Subscribe today with BusinessRiskTV for free alerts bulletins and reviews to your inbox

BusinessRiskTV online risk management magazine subscription. Complete and submit the form below and enter code #RiskMag.

Enter code #RiskMagazineSubscription

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business

Find out how to promote your business locally and globally

MarketplacesExhibitions
Save MoneyOnline Magazines

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #RiskMag #RiskMagazine #RiskManagementMagazine #RiskManagementOnline #RiskManagementMarketplace #RiskManagementReviews #RiskManagementNews #RiskManagementArticles #RiskManagementTips #RiskManagementForums #RiskManagementAdvice #RiskManagement #EnterpriseRiskManagement #ERM #RiskMagazineSubscription #BusinessMagazine

Risk Magazine Subscription With BusinessRiskTV

Interested In Authoring An Article?

Are you interested in business risk management and interested in authoring an article or posting a video on BusinessRiskTV.com

We are looking for people who have something to say about country or industry risks. In addition if you want to author an article on specific risk that applies to all countries and industries we may publish it too.

Many people have experiences or thoughts which could provide a risk insight. BusinessRiskTV embraces thought leaders and innovative thinkers. Help others to see why your ideas are worth considering.

Do you want to:

  • Reach more business leaders and risk management professionals
  • Promote your thinking on particular risk or risks
  • Network with a view to promoting your business interests or career aspirations

Authoring an article for publication on BusinessRiskTV will help with the above.

If you would like to have an article published on BusinessRiskTV please contact us today online

[ninja_forms id=1]

Enter code #CitizenJournalist

Promote and market your business on BusinessRiskTV for 12 months

Interested In Authoring Articles

Recommended articles and videos trending on BusinessRiskTV

Citizen Journalism Articles and Videos

Business Live Streaming Online

Business Risk Radar

Business Risk News Bulletins

Enterprise Risks In Review

MagazineCorporate Mag
ERM MagazineRisk Magazine

#BusinessRiskTV #AuthoringArticles #Authors #Journalists #Journalism #CitizenJournalists #CitizenJournalism #RiskMagazine #EnterpriseMagazine #CorporateMagazine #BusinessMagazine

BusinessRiskTV Interested Authoring An Article