Using the poverty line of US$1.90 a day, Africa’s extreme poverty rate of 43.1% in 1981 was almost equal to the average for the rest of the world’s rate of 42.8%. ... Chart 2: US$1.90 poverty rate for ...

A review of South Africa’s methodology to measure poverty shows that 60% of people in the country are poor. This is way higher than the figures that are usually quoted.

In 2024, Sub-Saharan Africa accounted for 16 percent of the world’s population, but 67 percent of the people living in extreme poverty. Two thirds of the world’s population in extreme poverty live in ...

Dar es Salaam. The World Bank has introduced a new global poverty threshold, raising the international poverty line from $2.15 to $3 per person per day.In local terms, the new benchmark translates to ...

According to data cited in the AfDB report, South Sudan now ranks as the poorest country in ...

Consequently, by 2030, around 574 million people, estimated at 7 percent of the world’s total population, will continue to live in extreme poverty, relying on about two dollars a day.

33 out of 40 countries with the highest rates of poverty are from Africa, owing to the continent's unstable economic state. According to ISS Africa , Central Africa has the highest extreme poverty ...

Social critic and poet, Agbeye Oburumu, has emphasised the need for Africa to be free from its current state marked by widespread poverty, violent conflicts, human rights violations, and ...

Africa’s middle classes are the financial backbone of the continent with many creating the small and medium enterprises that drives job creation and economic development. Yet many are only one ...

Africa Day is celebrated on May 25th each year to mark the founding of the Organization of African Unity (now the African Union) in 1963. It’s a day to recognize the achievements of African countries ...