Africa Accounts For 55% Of World’s Poor  

The Chief Economist at the Economic Commission for Africa, Hanan Morsy, says Africa currently accounts for more than half of the World’s poor 54. 8 per cent. <br />Morsy says the continent faced a tsunami of global shocks that have exacerbated existing socioeconomic operations and equity. Africa, as a result of these shocks, currently accounts for more than half of the world’s poor at 54.8 per cent. <br />Morsy says the situation was further exacerbated by existing inequalities, noting that even in times of high economic growth in Africa, the rate of inequality still rose. <br />She explained that several recommendations, both domestic and international, had been put in place to help tackle this.