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Windows Windows. Most Popular. New Releases. Desktop Enhancements. Networking Software. Trending from CNET. Create, encrypt, and merge PDF files. PDF Download Free. Soda PDF Free to try. Read, convert, merge, edit, and secure PDF documents. Open, view, edit, and convert Adobe PDF files. PDF to Excel Free to try. Transform PDF documents to Excel documents. The developed countries of the world import raw materials and resources from Africa at their own desired price and export finished goods to Africa at a higher rate.

This has created unfavourable balance and has increasingly reduced the chances of development and national integration in Africa.

A dependent economy by which her resources has become a source of income to the developed countries with continued exploitation and distortion which has continued to make Africa less-developed and reduced the opportunity of nation building. Furthermore, Neo-colonialism has hindered nation building in Africa through manipulations and distortions of Africa economies emanating from the centers of international capitalist economies.

The involvement of transitional co-operations and other multilateral capitalist agencies in the economic activities of neo-colonial states to exercise any meaningful control over their economic resources has affected the process of nation building negatively. The investment of Multi-national Corporation enriches only the few selected under-developed countries and causes humanitarian, ecological and environmental devastation to the other African countries.

Credit Aid investment, foreign trade was designed to strengthen Africa dependence on the imperialist power and loans granted with collateral in place made the Africans to depend on the imperialist.

Foreign direct investment has depredated African economy coupled with the continued colonial control that has militated against a sustainable economic growth and development in Africa.

Former colonial countries have continued to interfere in the political affairs of some African countries directly or indirectly. In some cases African states provided military base and standing armies of the alien powers on African soil especially in Francophone Africa. This unbroken relationship between former colonial masters and their colonies has made it difficult for national integration and economic development in Africa countries. Continued close relationship between France and some leaders of its former African colonies to destabilize some African states is a little of the adverse effect of their relationship on nation building.

They were liaising with their former colonies to destabilize some other African countries which have also complicated matters. She supported the Biafra instead of taking steps to create a platform for unity in the country. Africa has remained a major supplier of raw materials and consumer of finished goods. This has reduced African states to the situation of perpetual serfdom, poverty, foreign penetration and continued dependence on the industrialized nations.

The relation between the industrialized nations of the world and Africa in world trade was one of exploitation which worsened the economic problems of African states and the process of nation building in Africa.

Neo-colonialism exploit third world nations through comprador bourgeoisie left behind by them, this comprador bourgeoisie only serve the selfish interest of the neo-colonialist without putting that of their home countries at heart.

The neo-colonialist exploits them through Multi-national Corporations.