oa Africa Insight - The role of foreign aid in Africa

Volume 20, Issue 4
  • ISSN : 0256-2804



South Africa's improving international standing is creating ever more opportunities for its businessmen to tap into the billions of dollars in aid funds pouring into Africa every year. Those who want to utilize these opportunities should be aware of the many problems surrounding the provision and use of external aid to Africa. The following will provide an idea of the situation with regard to Western aid in sub-Saharan Africa in general. In practice, however, it will be important to give close attention to the significant differences between individual African countries and to the usages of the various donor nations and institutions. Foreign aid is itself a contentious issue, and black Africa presents even greater problems than other less-developed regions - problems that have resulted in most of sub-Saharan Africa having ""broken ranks from the Third World's broad march of economic growth"".

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