According to the United Nations Children’s Fund (UNICEF), some 264 million school-age children and youths are living without any education because of poverty, conflict and social barriers like bias against girls.
The Dakar Conference aims to raise $3.1 billion over the coming three years to support education for 870 million children around the world. However, funds promised by the international community are generally not enough to help developing countries establish an education system for all children.
Sub-Saharan Africa is most affected with over 32 million children remaining uneducated. With the exception of Haiti, the 10 countries with the worst education system are all from Africa. Poverty, and factors related to poverty such as unemployment, illness and the illiteracy of parents multiply the risk of non-schooling and the drop-out rate of children.
When economic crises starts to bite poor countries, many go to the International Monetary Fund (IMF) for loans. But these loans always come with conditions. The IMF pushes these countries to bring down their inflation, limit their fiscal deficits, and increase their foreign currency reserves. All of these things leave little room for these countries to invest in their education system.
If rich countries keep their international aid promises, education can improve in low-income countries. Furthermore, if monetary institutes like the IMF and World Bank change their loan conditions, that would also benefit these countries. Just imagine: if the world raise only £11bn, every child can go to school. That’s while a country like the UK manages to raise hundreds of billions to rescue its banking sector.
In 2014, the Guardian ran the headline “Aid to Africa: Donations from West Mask $60bn Looting of Continent.” Many NGOs argue that Western countries are using aid to Africa as a smokescreen to hide the “sustained looting” of the continent. Although sub-Saharan Africa receives $134bn each year in loans, foreign investment and development aid, studies show, $192bn leaves the region through tax evasion and the flight of profits earned by multinational companies. In fact, while the form of colonial exploitation may have changed over time, its basic nature has remained unchanged. Money is leaving Africa partly because Africa’s natural resources are simply owned and exploited by foreign and private corporations.
source: press tv