Is neocolonialism the source of African countries being underdeveloped?

Answer 1

Neocolonialism is certainly a part of the reason that African countries are underdeveloped. The exploitation of Africa's resources by wealthy foreign businesses (European, American, Chinese, and Russian) prevents the governments and peoples of these countries from properly profiting from these resources themselves. However, neocolonialism is not the only reason for African country's underdevelopment. Some other very important reasons are: internal corruption within African governments, ethnic and tribal disputes, low levels of national unity, infrastructure failures, lack of industrial development, poor allocation of foreign AID money, and high tariffs and non-tariff barriers on African products in developed countries and/or subsidies for domestically-produced equivalents in developed countries that shut out African competitors.