Pan – Africanism and African Renaissance

Abstract

Africa is one of the historically troubled continents which started the process of becoming independent fifty six years ago. But the co-operative enterprise had earlier, and it is the cooperative movement which gave material and moral support the political independence struggle so Africa has had a long history of slavery, colonialism, neo colonialism and the current globalization. In all these epochs of history, Africa has and is standing on a disadvantaged position. During the slave trade, Africa lost millions of its human resource capacity to America and Europe. During the colonial period, Africa was tied to the industrialized countries where they were posed to produce what they did not consume and consumed what they did not produce. After political independence, Africa continues to serve the international capitalist system with agricultural raw material, cheap labour and minerals under a new world system known as globalization. By its very nature, globalization is a capitalistic guided economic system which gradually marginalizes Africa of its resources, economy and produces uneven development.