7 Reasons Why Foreign Aid Has Not Helped Black People in Africa | African-American News and Black History

affects of foreign aid on africa, africa aid, AFrica Debt, african corruption, Editor's Picks, foreign aid hurts africa, List -

7 Reasons Why Foreign Aid Has Not Helped Black People in Africa

affects of foreign aid on africa, africa aid, AFrica Debt, african corruption, Editor's Picks, foreign aid hurts africa, List -

7 Reasons Why Foreign Aid Has Not Helped Black People in Africa

Although the continent is rich in natural resources and receives foreign aid from wealthy nations across the globe, the people of Africa remain poor compared to those in other regions and are far behind in achieving the 2015 Millennium Development Goals as set by the United Nations.

Those development goals range from halving extreme poverty rates to halting the spread of HIV/AIDS and providing universal primary education, all by the target date of 2015.

This dire situation indicates that the influx of foreign aid has not worked to improve the lives of African people suffering under poverty.

Here are seven reasons why foreign aid from the West has failed to transform the economic conditions of Black people in Africa.

Campaigners Australia message on poverty

Doesn’t Eliminate Overall Poverty

According to The Wall Street Journal, over the past 60 years, at least $1 trillion of development-related aid has been donated by rich countries to Africa.

However, the real per-capita income today is lower than it was in the 1970s, and more than 50 percent of the population — over 350 million people — live on less than a dollar a day, a figure that has nearly doubled in two decades, according to the 2009 report.


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