Africa economics development.

BEA JOY LORRAINE A. ARCENIOIV-9 BSE HISTORY

PHILIPPINE NORMAL UNIVERSITY

HISTORY OF AFRICA

ECONOMIC STATUS OF

AFRICA

AGRICULTURETROPICAL WET

SAVANNA

HIGHLAND

MEDITERRANEAN

DESERT

TROPICAL WET

occur along the Equator, the Gulf of Guinea, and the east Madagascar coast.

SAVANNA

occur in much of eastern and southern Africa.

DESERT

occur in northern Africa, especially in the Sahara and the Sahel. 

MEDITERRANEAN

occur along the extreme northern and southern coasts of Africa

HIGHLAND

occur in the highest elevations of Africa, particularly in the Ethiopian Highlands.

FORESTRY AND FISHING

MINING AND DRILLING

• Unfortunately, several African conflicts and civil wars have been caused and funded by the diamond industry.

• In 2002, the United Nations created the Kimberley Process Certification Scheme (KPCS) 

"One half of the African continent lives below the poverty line. In sub-Saharan Africa, per capita GDP is now less than it was in 1974, having declined over 11 percent."

Causes of the economic

underdevelopment over the years

1. INFRASTRUCTURE According to researchers at the Overseas Development Institute, the lack of infrastructure in many developing countries represents one of the most significant limitations to economic growth and achievement of the Millennium Development Goals

2. LANGUAGE DIVERSITYAfrican countries suffer from communication difficulties caused by language diversity.

3. TRADE BASED THEORY

Dependency theory asserts that the wealth and prosperity of the superpowers and their allies in Europe, North America and East Asia is dependent upon the poverty of the rest of the world, including Africa.

The economic impact of the colonization of Africa has been debated. In this matter, the opinions are biased between researchers, some of them consider that Europeans had a positive impact on Africa; others affirm that Africa's development was slowed down by colonial rule.

4. COLONIALISM