ABSTRACT
This
Research Paper would like to analyze and examine the Factors Affecting
Development of the African Countries: The Case of Ethiopia. Africa is
poten-tially rich because Africa has inexhaustible or abundant quantity
reserves of important natural (mineral) and agricultural as well as human
resources. Moreover, $148 billion U.S. dollars are drained every year out of
the African continent through various corrupt activities. But on the contrary,
Africa suffers from food shortage. Africa’s annual food import bill of $35
billion is estimated to rise to $110 billion by 2025. Therefore, the question
is: why the African countries like Nigeria or Ethiopia are so poor that they
are dependent on for-eign food aid although they are so rich? For instance,
Nigeria is Africa’s largest economy and Ethiopia alone could feed easily the
whole continent of Africa. However, in the reality also Nigeria is dependent on
foreign food aid because Nigeria’s resource wealth has not yet translated into
gains for its people. Therefore, what is behind of this paradox? There are
Factors which affect De-velopment of the African countries: The Case of
Ethiopia. These are for ex-ample: Good Governance, Law & Order,
Responsibility, Accountability, Re-sponsiveness, Transparency, Awareness,
Consciousness, Vision/Aim/ Objec-tive, Concern, Fairness, etc. Consequently,
lack of implementation of the above mentioned Factors of Development could
cause poverty in a country like Ethiopia. Therefore, Change One’s Mind or
Mentality, i.e. the way of thinking about things is the decisive key Factor of
Development of a country like Ethiopia. In order to find out the reasons behind
of the paradox situation of the African countries like Ethiopia and/or Nigeria,
the author of this Re-search Paper has applied the following methodologies: 1)
Various sources of secondary data like for example historical and present
publications were col-lected and reviewed. 2) Empirical and observation studies
were analyzed and reviewed.