“The main messages which emerge from this effort to assess poverty in Africa are both encouraging and sobering,” said Kathleen Beegle, World Bank program leader and co-author of the report. “Although ...

In the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%. But the rate dropped only one percentage point in the two years ...

Africa is again a proxy battlefield as Russia pursues its war on Ukraine against the West in the Sahel. COVID-19 has also significantly impacted extreme poverty. After slow but steady poverty ...

At least 13 million Nigerians have been projected to plunge into poverty in 2025 on high inflation, rising i and naira ...

Increasing levels of extreme poverty in Africa were turbocharged by COVID-19, fuelling the fire of relative deprivation. 2024 was a bleak year for Africa. Libya and Sudan were partitioned.

2. Sub-Saharan Africa Faces the Highest Poverty Rates Sub-Saharan Africa is home to the largest number of people living in extreme poverty, with 413 million individuals-approximately 42% of the ...

Former Vice President of Ghana, Dr. Mahamudu Bawumia, has sounded the alarm on a pressing threat to democracy and the ...

Given the country’s fiscal constraints, we further compared the impact of only increasing one of the aforementioned variables. We found that increasing the size of the grant was more effective at ...

The former vice president, Prof. Yemi Osinbajo (SAN), has said Africa contributes minimally to greenhouse gas emissions and ...

According to the World Bank, nearly 700 million people are currently living in extreme poverty and the Sub-Saharan Africa region accounts for 67% of these people. Ramaphosa said that at the same ...