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African Inequality

D 14 mai 2017     H 04:15     A     C 0 messages

In South Africa, three billionaires own the same wealth as the poorest half of the population, about 28 million people.

There were 50 million more people living in extreme poverty in sub-Saharan Africa in 2012 than in 1990.

Forecasts predict 250-350 million more people could be in dire poverty in the next 15 years.

Seven of the 20 most unequal countries in the world are African. Swaziland is the world’s most unequal, now closely followed by Nigeria.

Despite widespread economic growth across the continent, the poorest citizens are not feeling the benefits of development. Despite influxes of investment, trade deals and commercialism, it is stated that more people are living in extreme poverty now than ever before.

Oxfam highlights that only the ‘wealthy elite’ have gained from the ‘decades of record GDP growth’, but the system has left millions of other Africans behind

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