The Need for Development in the African Continent Essay

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Why Is There a Need for Development In Africa? Since the dawn of the colonial era, the African continent has experienced numerous hardships on the pathway to economic and human development. High levels of poverty, disease, and inequality coupled with low levels of human development, education, and infrastructure has long gripped the continent and has stifled growth efforts (Gorton). An example of this extreme poverty lies in the African country of Uganda, where nearly 80% of its citizens could not afford food in 2012 (“Many in Developing Nations Struggle to Afford Food”). In addition, the quantity of hungry people in Africa grew from 1990-2012 from 175 million to 239 million, with one in four people facing undernourishment or…show more content…
The mission of this institution is to “promote sustainable economic growth and reduce poverty in Africa” (“African Development Bank Group”). Specific appropriations of capital within the African Development Bank are in infrastructure, social, multisector, finance, agriculture and rural development, and industry, with a total cumulative loan and grant approval total from 1967-2012 registering $63,660,000,000 US dollars (“African Development Bank Group”). An example of such a loan was from 2008 to 2009, when the African Development Bank doubled its financial aid to the African continent in the wake of the Great Recession (Kaberuka). Loans such as these are done with hopes of stimulating or revitalizing growth efforts in wanting nations (Kaberuka). This group has been actively involved as a staple in development in the large continent within the Global South. Visions and Goals for African Development According to the International Economic Development Council, the goals of economic development are centered on “a program, a set of policies, or activity that is active in improving the economic well-being and quality of life for a community” (“IEDC”). This notion however, is taken in

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