An Alternative Model to Africa’s Economic Development

Traditional economic development theory advocates the development of infrastructur as the necessary conducive environment to attract foreign investment. In return for their investment in a developing country, foreign multinationals create employment. They contribute to the gross domestic product and pay taxes. They may even get involved in social responsibility projects as good corporate citizens.
Togos marble deposits allegedlyy the largest in the world
Ideas for Africa’s Economic Development
Africa is a continent richly endowed with mineral resources, and yet remains underdeveloped. Many around the world, when asked about what they know about Africa, the first thing that comes to their minds is poverty.