What stopping Africa in developing in 21st Century?

You may have heard or read a lot of things about Africa, but today I will share with you some key information regarding what’s happening in Africa in recent times and its development.

The history of a nation is quite important because it actually forms the pillar or base for its development. Many of you might be aware of the history of Africa, and many of you might not.

Well, think about the continent that has abundant resources or the continent that is rich in resources and is habituated by the poorest people. We can see the slavery system in the history of Africa; this continent was in the net of colonialism. The Portuguese were the first to use Africa’s slaves for sugar plantation purposes on the coast of West Africa, gaining more output and production. This has created a legacy of inequality, exploitation, and even corruption at large, whose footprint can be seen in today’s era as well. Although people pay little interest when the talk is about history, it is a crucial element for any country. Africa has a type of barbaric history consisting of slavery, torture, trafficking, exploitation, etc.

A country’s development is measured by its per capita income, but when we look at the per capita income of Uganda, according to a recent report, the average monthly income of people in Uganda is on average $63–$64. Which is comparatively very low as compared to other developing countries in the world.

Factors such as corruption, political instability, poverty, lack of infrastructure, innovation, inequality, and unemployment, which is at a high rate in the countries of Africa, the literacy rate is also quite low, at just around 79% in Uganda, followed by an average of 71.25% in Madagascar and around 75% in Rwanda, which is also a slow pace in terms of development.

The GDP is also quite low in Africa; there is a steady rise in the GDP of Uganda by 1.3%, followed by approximately 3.8% of the overall GDP in 2022, which is quite slow and hinders the growth of such a resource-rich nation.

Although in recent times many international non-profits have collaborated with the government to make a positive impact on the development of the nation, strategic methods for reducing poverty and unemployment, bringing innovation, and making things more transparent can be a possibility or a necessity to make a positive impact in Africa.

Emmanuel Katto | Poverty in Africa

 A country is marked as developed, developing and underdeveloped based on many factors. Country’s per capita income, GDP or NFIA (Net Factor Income from Abroad) and export and import are the crucial factors that actually measures this. Although Africa is very rich in natural resources and minerals such as gold, diamond and uranium etc. exist here.

Now the question arises despite having so much of resources why Africa is poor? The answer is due to corruption, lack of management system, people here do not have access to healthcare and of course education. These are some of the parameters of development which Africa lacks basically. Since Africa is exporting to UK, South Africa and many other countries as well but it is poor just because of above listed reasons.

Due to several reason said above large population of the countries are falling on below poverty line, the vast population of the country just live on $2 on daily basis. Talking about the poverty in Uganda even it is worse here. Only about 21.4% of the population is living below national poverty line. Several factors are common in Uganda as well like, limited access to education, corruption, political instability and lack of management etc. causing these nations to be poor.

Emmanuel Katto who is well-known entrepreneur and a business leader, his views also expressed positive thoughts and optimistic view in eradicating poverty from Uganda. He also expresses for the eradication of poverty from other counties of Africa as well. Emmanuel Katto is himself was and still working in order to create more business ideas in order to generate employment for the workforce in Uganda and other countries as well.

Despite all the concerns of poverty efforts are being made by the government of Uganda to address the poverty of the country along with some international non-profit organisations, working together in order to reduce poverty and to promote sustainable development across the country.