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Economic Dimension of Security in Africa

James Yesonna Wikere, Chimezie Chukwuemeka Eze

Abstract

This study examines the Economic Dimension of Security in Africa. Africa is endowed with several rich natural resources like petroleum, gold, diamond, timber, rivers and so forth, and yet Africa is part of the poorest countries in the world, and the indicators of measuring economic development are declining in this area. The African region is faced with a myriad of security challenges, which range from terrorism, political instability, conflicts, infrastructural deficit, poverty, and unemployment, among others, which have grave implications on the economic development of the continent. Issues bordering on security are very critical for the material progress of any polity. Secondary source of data was deployed for the study; it involves the collection of data from textbooks, journals and seminar papers, among others. The adopted theory for this study is the Marxian political economy theory. This study found that insecurity has been the major problem that the continent is still struggling to defeat owing to the increase in terrorism, conflict, political instability, unemployment, poverty, inequality, infrastructural deficit and other developmental problems in the region. The study recommended that African leaders should ensure the provision of a good life for their citizens. Provision of basic social amenities like health care facilities, schools, electricity and very importantly security will go a long way in ensuring social stability and economic development.

Keywords

Economic; Security; Africa; Development; Unemployment

References

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