African Poverty Far Worse Than Thought

In the past two decades‚ Africa’s rich have benefited immensely from unprecedented economic growth‚ while there are more citizens living in poverty than ever before.

Social justice organisation Oxfam on Tuesday released a new report titled “Starting with people”‚ which details the crisis facing Africa’s poor and issues a challenge to African leaders “to champion new economic models”.

“New data reveals Africa’s inequality crisis is greater than feared‚” Oxfam said in a statement accompanying the release of the report‚ just a day before the World Economic Forum (WEF) on Africa‚ which will be hosted in Durban from Wednesday to Friday.

“African leaders must build a new more ‘human economy’ to tackle inequality and poverty. The WEF will bring political and business leaders together from across the continent to discuss how to achieve inclusive growth.”

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Source: 
TimesLive

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