Why is africa poor?

The discourse on poverty in Africa is like a jig-saw puzzle: Africa as a region is rich but her people are poor. Although Africa is rising, poverty is curtailing the continent’s growth efforts. As a region, Africa needs to address the negligence of sound economic policies. read more

Poverty in Africa refers to the lack of basic human needs faced by certain people in African society. African nations typically fall toward the bottom of any list measuring small size economic activity, such as income per capita or GDP per capita, despite a wealth of natural resources. read more

“Africa’s governance is poor,” Sachs writes, “because Africa is poor.” The idea that Africa is a victim of geography is not new, but Sachs’s book dares to offer a big, bold solution. And an author of Sachs’s pedigree can’t be taken lightly. The globe-trotting Columbia professor is a kind of macroeconomic Winston Wolf. read more