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Advantages And Negatives Of Foreign Aid In Africa

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Foreign aid can be defined as the transfer of goods and services from one country to another, this can be in the form of loans and grants that are aimed at improving the recipient country’s economic growth and welfare of the developing nation, Tarp et al (2001). Foreign aid however, does not come free as it has political and economic consequences for country receiving it, furthermore has a number of intentions such as promoting education, access to health, improving infrastructure as well as responding to humanitarian crisis. This essay will discuss the positives of foreign aid in Africa, in addition will outline the forms of foreign aid. It will also discuss the issues of foreign aid in Africa, above all will discuss the ways in which the African countries can improve their situation of being aid dependent.
Africa is the largest recipient of foreign aid, which is thought to have moved African economies forward as this can be seen from the rise in number of school going children, accessibility to health services, efficiency in armies, improvement of infrastructure such as roads, stadiums, bridges, universities and the shift in the gross domestic product of the recipient countries, including also creation of job opportunities for people. The positive side of foreign aid is that it is said to alleviate poverty in developing countries because there are charity organizations that are in place to assist countries that are heavily poverty stricken. Moreover, “the role of foreign

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