Postcolonial Africa’s Development Trajectories
The abundant natural resources in Africa have made the continent a raw material base for the global economic system. However, it has largely remained at the receiving end of the global economic equation, despite being a principal supplier of primary commodities. This chapter examines the development strategies adopted by African states to accelerate economic growth, trade and investment during the postcolonial period. Yilmaz and Enwere argue that the development ideas of the global North have not worked well for Africa. However, the burgeoning economic partnerships between countries of the global South have enhanced economic growth in Africa and reduced the continent’s dependence on Western capital.