Rise of Africa Economics

Africa is the world’s second largest continent. It’s human population is around one billion people. Their government impose laws that only harm the people in poverty. In order to better this continent the government must recognize that they are the issue and adapt new policies. These new policies are hope to better trade and investment, the economic growth and sustainability rate increment in Africa. As of now, Africa lacks the resources needed to sustain the country’s welfare.

 Comparable to other parts of the world, Africa income is pitiful. In the poorer areas of Africa the people are living off of $1.25 per day. That’s not even enough money to purchase a bottle of water in the US. Imagine if you were put in a situation where your family is living off that much money each day. It would be hard to survive. Their government needs to focus on how they can built homes or provide jobs for those people to earn more money. Also they need to figure out a way for the continent to receive more funds or they need to spend their funds to better the poorer areas so they can be more successful as a whole.

 

An addition to the African income being pitiful, there’s also a problem with their aid. Yes, “African countries have also seen dramatic falls in infant and child mortality. Since 2005, some African countries, such as Senegal, Rwanda, Uganda, Ghana, and Kenya, have seen child mortality decline by an annual rate exceeding 6 percent.” But that don’t account for the other billions of people in the country that need health assistance. If the country could provide healthcare or open up more hospitals than maybe the mortality rate will decline even more. The lack of resources really harms this area of the world.

 Africa demographics have better in the last decade. “Africa’s poverty rate will fall to 24 percent by 2030.4 Since 1990 the per-capita caloric intake in Africa increased from 2,150 kcal to 2,430 kcal in 2013. Between 1990 and 2012, the proportion of the population of African countries with access to clean drinking water increased from 48 percent to 64 percent.” These number sounds great. But they are only words. If Africa government remains stubborn and don’t implement a plan to acclimate policies than they will remain in the same state that they are now. Yes, there are changes that need to be made in Africa that only the government themselves will have to fix.