Africa’s Resource Curse: Case Studies In Struggle by Lolade Palmer ‘25

Abstract

This study captures the paradox of plenty in African resource-rich countries and focuses on Somalia, Nigeria, the Democratic Republic of Congo (DRC), and Malawi. Even though these countries possess rich natural resources, they still face issues of poverty, conflict, and underdevelopment. The research analyzes some of the challenges each of these countries faces. These challenges include the issues of conflict trap in Somalia and Nigeria, unstable agriculture in Malawi, and the nasty neighbors’ effect in DRC, impeding economic growth and stability. This analysis further assesses how resources can fuel corruption, develop existing conflicts, render economic dependency and fail to meet the welfare needs of these countries. This study explores the dynamics of how an absence of diversification of economy, weak governance, and poor infrastructure propel the resource curse, rendering resource wealth dormant to the enhancements of living conditions. In its attempt to approach this subject from the historical, political, and economic sections, this research also emphasizes the vital components that have prevented African nations from getting rid of issues. Ultimately, the analysis contributes to the global conversation for breaking the cycle of poverty and fostering sustainable development in resource-rich, yet struggling nations. To address these complex issues, the study recommends implementing comprehensive governance reforms that promote transparency, accountability, and diversification of the economy to foster sustainable development. This research will contribute to a more equitable and prosperous future for these nations.

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Africa’s Resource Curse: Case Studies In Struggle: Lolade Palmer ‘25