This article examines the question of development in Africa drawing inspiration. In his analysis, Nyerere articulates three components for development. These include; the population, natural resources and good governance. It is rather unfortunate that most leaders have the itch and excitement for financial loans and gifts, where these are seen as therapeutic to under-development in Africa. This situation provokes some critical questions. Does the availability of money necessarily lead to development? Have the very donors won the battle of poverty in their own economies? Who experiences development and who pays for it? What steps should be taken towards development in Africa? Here, we contend that the excitement towards money by most leaders arises from greed and narrow-minded conceptions of the right processes of development. With Nyerere, we argue that Africa has the population and the natural resources. But then, poor governance and misguided understanding of development leave more to be desired in Africa. There is a need for Africans to wake up from slumber, engage in hard work and assume responsibility for their destiny. Critics have been too concerned with the failure of Nyerere. However, the questions that fuelled his curiosity paved the way for critical thinking on the plight of African development.