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International development agencies have failed miserably in their campaign to rid the Africa of widespread poverty even after distributing billions of dollars in aid over the past half-century or so Many economists argue that Africa needs a huge sum of foreign money for economic development But the problem is that is Africa be able to digest aid into development And how much money it actually reached to where it needed World Bank economists believed that a continental make-over for its public health education and infrastructure is an only way for Africa to develop By Building more village clinic padlocked and unused would be re-opened More local schools need to be built and a sustainable public transportation would allow the free flow of goods to market This continental make-over require a huge sum of money According to Mr Easterly the West has spent 450 billion on foreign aid to Africa over the past 40 years This money is seemingly enough to help the development of Africa However foreign Aid failed miserably over the past 40 years accounting to statistics the growth would have been surpassed 20000 per head in most Africa countries as predicted In fact despite decades of aid the aid did not help Africa to grow whereas the standard of life and economy decreased If we look deeper into the issue we will find out that human and financial capital outflow and corruption are the main problems of Africans development Accountings to the article rich African invest 40 of their money outside of Africa This means that a huge sum of money is not going into the reinvestment of Africans economy Despite the huge amount of Aid from western countries Aid will not foster economic growth if income doesnt reinvest in the economy Moreover between 1991 and 1995 it discovered only 13 of funds allocated for schools ever reached them The corruption becomes a serious epidemic disease that erodes hope of the poor Despite
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