No matter the data you interrogate, Africa is reported to have a disproportionate number of the worlds poorest.

While the World Bank reported that 685 million people around the world lived in extreme poverty with less than $2.15 dollars per day at the end of 2022, Statista indicates that in 2023, 431 million of Africa’s 1.4 billion population are under the extreme poverty bracket. The implication is that Africa warehouses 62% of the worlds poorest people.

It is really contradictory for a resource rich continent like Africa to remain the worlds poverty continent. How can Africa use its resources to create wealth for its people over the next 20 years? If Singapore and China could lift their populations out of poverty, so can Africa.

But the right questions must be asked and answered!