This paper demystifies world-view that Africa is corrupt. The continent has been perceived as corrupt and no attempt was made to correct this world-view. A new picture about Africa needs to be sought for the continent to attract investors for prosperity and sustainable development. Contrary to this world view, this paper argues that Africa was corrupted by Europe directly or indirectly. This argument follows on the heels of Walter Rodney who traced how Europe underdeveloped Africa. This paper argues that corruption in Africa was sponsored by external factors. The loans granted to developing countries in Africa were instead used to finance buying of commodities from the same capitalist industrialised countries causing massive poverty. A combination of European models and institutions namely Structural Adjustment Programs; New Public Management; World Bank and International Monetary Fund intended to promote economic development, unleashed corruption to its unprecedented levels.
