Inter-African Development and Development Fund (IADF)

About the Book

SYNOPSIS FOR INTER-AFRICAN DEVELOPMENT VOL 2

This book postulates inventive or innovative philosophies for African governments, environmentalists, entrepreneurs, commercial farmers and peasants on how to enhance their attitudes in participating in the corridors or as insiders of globalization. Also, it makes comparative analysis of development trends in Africa to those in other developing countries and what developed countries can offer African countries with regard to industrial as well as technological developments in order to achieve sustainable economic development of the regions.

The major areas the book has addressed include GLOBALIZATION AND ENVIRONMENT, which emphasises the need for Protection of resources (Chapter 1) Benefits of economic integration (Chapter 2). Also, it tackles issues of Globalization that is currently under criticism (Chapter 3), and addresses Environmental issues (Chapter 4). In the area of AGRICULTURE, how can Sustainable agricultural development be achieved? (Chapter 5)
Chapter 6 addresses issues of Bio-piracy and intellectual property rights
Chapter 7.adresses how Revolutionizing agriculture will impact food production
A number of approaches that can lead to sustainable development include: The need for stopping wars is of paramount importance because wars squander resources (i.e. Too much money is used in alleviating war induced catastrophe), management of the environment, and being conscious about environmental issues. African governments must budget for an array of industrial revolution through indigenous corporations [See also appendix for a list of manufacturing companies from which African governments with their entrepreneurs and business owners can purchase heavy industrial machinery and adopt some of the appropriate technologies from industrialised countries]. Also, in being conscious of the benefits of economic integration, African governments should consider what impacts will globalization have on their economies if governments, entrepreneurs, etc. ignore their rights in the global arena? With regard to agriculture, what will the need for revolutionizing agriculture with comparative methods become in food production? How will new water treatment technologies impact public health and food production?
The need for revolutionizing an overall industrial sectors of various sectors will be key to alleviating poverty, as governments and corporations produce sufficiently for mass consumption. In addition, there is need to recognize that rule of law and good governance are the keys to regulating levels of corruption in any government institutions, which will impact economic as well as political development positively. Any successive government that respects rule of law will also succeed in exercising real democracy, which will translate into viable enconomic development.
What will security mean to economic stability in African countries? Chapters 13- 15 address security issues. The need for maintaining security in all African countries will be key to economic stability, as free trade and mobility of businessmen and women can guarantee rise in competitiveness index in terms of trade or in stimulating economic growth in neighbouring countries. The recognition that killing can destabilize governments, is the notion that military industrial complex from arms race have taken control of governments or have fostered rebellions in African countries. African governments must now recognize that their countries must be in the drivers’ seat and not to be driven by imperial centres that impose policies to protect their own interests through cartel groups with regards to economic development policies towards sustainability.

TECHNOLOGY: Chapters 16-21 address technology issues that will impact African governments’ and their private sectors in achieving sustainable economic development.

The major challenges for African countries to evolve with sustainable economic growth will depend upon establishing free trade, industrial revolution of various sectors, resource protection; maintain political stability across the continent, environmental engineering and management.