Re-thinking Foreign Aid to Africa in Post MDGs- 2015: Between Need and Viable Exit Strategy

Abstract

Foreign aid has enslaved African countries culminating to a dependency syndrome. This has engendered to complacency, addiction and lethargy and what is imminent is a generation that does not what to exploit the potential of resources at its disposal. This dependency syndrome has been pivotal to all the Socio economic and political problems that Africa is facing. What has inaugurated the lack of realization of sustainable development in Africa is nothing but foreign aid. To enunciate this, Africa has plunged itself to the snares of poverty because of the burden of foreign aid.

Key words: Foreign aid, dependency syndrome, complacency, lethargy, Millennium Development Goals, Sustainable Development