Africa: Beating Poverty Needs Partnerships and Collaboration - Not Just Money

analysis

Nigeria recently surpassed India to become the country with the highest number of people living in extreme poverty: 87 million. Nigeria is oil rich and boasts Africa's fastest growing economy. Yet six of its people fall into extreme poverty every minute.

This story isn't unique to Nigeria. It's echoed in other resource-rich countries like the Democratic Republic of Congo and Angola where an exploitative elite and multinational companies keep wealth from reaching the majority of citizens. By 2030, it's estimated that 82% of the world's poorest people will live in Africa.

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