African countries continue to have the highest poverty rates in the world
In 2021, there are 490 million people in Africa living in extreme poverty, or 36% of the total population. At the current rate, 2.6 people escape poverty every minute whereas the required rate is 1.6 people/second.
Poverty by gender:
• 35%, or 241 million, of males in Africa, live below the poverty line which is down 1% from 2020.
• 36%, or 249 million, of females in Africa live below the poverty line.
Poverty by age:
• As in many other regions, poverty disproportionately affects children with 41% of children aged 14 and below falling below the poverty line.
• The most affluent age group seems to be those aged 25 to 34 with only 31% of individuals falling below the poverty line.
Development Aid
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