Pros And Disadvantages Of Aid In Africa

Countries across the world have poured in over two trillion dollars in aid to sub-Saharan Africa throughout the past half-century (Moyo). Whether the aid was given to Africa for moral or political reason, it has not worked. The money dumped into the country has not alleviated the poverty of the citizens and has not created economic growth. On top of aid given by countries, other projects have been replicated in the country to assist Africa citizens dealing with issues, such as poverty, disease, clean water and many more. Jeffrey Sachs, an economist, devoted his time to the Millennium Villages Project. The project raised 120 million dollars to address the main problems that were occurring in Africa. Sachs was devoted to using fertilizer to create

However, it starts with the African governments that are putting the countries at a disadvantage immediately. For example, China has expressed interest in improving and building the infrastructure in Africa, such as railroads, roads, education and health care buildings. Although building this involves debt to Africa, the IMF makes sure the African countries would be able to repay the debt before deals like this go through ("China 's Investments in Africa: What 's the Real Story?"). In Africa’s case, the deals that the governments make with China are often at a disadvantage because the African governments do not take the deals as seriously as it should be ("China 's Investments in Africa: What 's the Real Story?"). In fact, Africa could structure the deals made so it benefits the country in many different ways if the government hires advisors that are acting in the best interest of the country. For example, the African government could skew the deals so the work is being done in sub-Saharan Africa. To no surprise, much money invested by China is not towards sub-Saharan Africa, but the correct deals could make this happen ("China 's Investments in Africa: What 's the Real Story?"). Also, the deals made between the two countries can specify how many African workers can make these jobs occur, which creates economic growth, jobs and tax revenue. The opportunities are incredible with regards to building infrasctructure in sub-Saharan Africa. The main reason why China is bringing work to Africa is because the cost of paying Chinese workers is increasing. Therefore, the government needs to tailor the contracts that are being made in the favor of Africa and its citizens. Eventually, there will be a need from multinational companies from a developing country that has the infrastructure and workers who are willing to