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.

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 ...

Nigeria has overtaken India as the country with the largest number of people living in extreme poverty, with an estimated 87 million Nigerians, or around half of the country’s population ...

Analysis - In 2004, the former Soviet president Mikhail Gorbachev told world leaders: "We are all agreed that poverty is the key problem of our times." He called it "a political problem" since the ...

The World Bank uses an updated international poverty line of US $1.90 a day, which incorporates new information on differences in the cost of living across countries (the PPP exchange rates). The new ...

A new World Bank report has put Africa's poverty rate at 43 per cent compared to a previous figure of 56 per cent. The World Bank Vice President, Africa Region, Mr. Makhtar Diop said during a ...

Soon, the burden of extreme poverty will be the most prevalent in sub-Saharan Africa, as rapid growth continues to lift millions of Chinese and Indians, among others, out of dire circumstances.

03/19/2020 March 19, 2020. Many African countries have been recording high economic growth rates for years. However, a recent study showed that poverty on the continent has increased again.

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.