Africa: The Private Sector, Political Elites and Underdevelopment

Why are most Africans in Sub-Saharan Africa poor and why are they getting poorer while most people in the rest of the world are becoming better off? The World Bank and the International Monetary Fund who have become Sub-Saharan Africa's fairy godmother and godfather respectively, every year churn out statistics that tell the same tale - Africans are poor and in many instances have fallen so far down it is difficult to imagine them getting poorer. With poverty and growing impoverishment go conflicts over scarce and shrinking resources.