Sunday, November 24African Digital Business Magazine

Tag: Dangote

Main, Nigeria News

African Challenges to African Development

The parlous story of African economic and social development since independence best expressed in the failure to achieve the autonomous capacity for self-actuated development and in particular to create conditions of national and continental modern mass production and prosperity is well known and need not be repeated. It is enough to re-state that Africa’s development failure was because of the leaderships’ choice to retain, maintain and expand the inherited exocentric colonial system of development incapacitation, primary commodity export, import dependency and poverty generation. The progressive efforts of some African states and leaders to change the system and create self-reliant economies were stymied by the leaderships’ ideological inadequacies and dependency, the balance of paymen...