What causes poverty in Africa?
What causes poverty in Africa?
Poverty in Africa is caused by corruption and poor governance, poor land utilisation and land tenure system, civil wars and unending political conflicts, poor infrastructure, diseases and poor health facilities, the World Bank and IMF policies, among others.
Why is Africa rich in diamonds?
But mainly it’s because South-Africa and Africa in general have the most concentration of what we call Volcanic pipe s which are earth’s pores that contain specific type of rocks called Kimberlite -the rock that transport diamonds from more than 150 Km below in earth’s mantel- by eruptions that -thanks to Plate …
What is the major problem in Africa?
Today, Africa remains the poorest and least-developed continent in the world. Hunger, poverty, terrorism, local ethnic and religious conflicts, corruption and bribery, disease outbreaks – this was Africa’s story until the early 2000s.
Why is Africa poor despite diamonds?
Official reports revealed that diamond production in overall Africa is twice as large as projected. The reason: Illegal trade, underreporting of production, corruption, and tax evasion.
Which African country is rich in diamond?
Where are Diamonds Mined in Africa? The largest diamond producers in Africa are South Africa, Angola, Botswana, Namibia and the Democratic Republic of Congo (DRC).
Does Africa have natural resources?
Africa is rich in natural resources ranging from arable land, water, oil, natural gas, minerals, forests and wildlife. The continent holds a huge proportion of the world’s natural resources, both renewables and non-renewables. The largest reserves of cobalt, diamonds, platinum and uranium in the world are in Africa.
Why do many African countries struggle economically?
Since the mid-20th century, the Cold War and increased corruption, poor governance, disease and despotism have also contributed to Africa’s poor economy. According to The Economist, the most important factors are government corruption, political instability, socialist economics, and protectionist trade policy.