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The affluence of African presidency

WASHINGTON, D.C. – Poverty in Africa is the lack of provision to satisfy the basic human needs of certain people in Africa. 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.
10 Most Expensive African Presidential Jets

As of 2015, most of the global poor live in sub-Saharan Africa (Figure 1- Brookings Institution). The average poverty rate for sub-Saharan Africa stands at about 41 percent, and of the world’s 28 poorest countries, 27 are in sub-Saharan Africa all with a poverty rate above 30 percent.

Approximately one in three people living in sub-Saharan Africa are undernourished. The Food and Agriculture Organization (FAO) of the United Nations estimated that 239 million people (around 30 percent of the population) in sub-Saharan Africa were hungry in 2010.

Africa receives foreign and development aid from developed nations. Five Countries That Provide the Largest Foreign Aid to Africa are:

  1. China. A surprise to many, the winner on the “aid list” is China rather than the United States. …
  2. The United States. From 2002, the United States Agency for International Development (USAID) has gradually boosted the total foreign aid budget to a steady amount that rests around $32 billion. …
  3. Germany. …
  4. The United Kingdom. …
  5. Japan.

Yet, see the lifestyle of some African leaders- Planes and convoys in the videos below.

Compared with least developed countries in other parts of the world, poverty in African Least Development Countries (LDCs) is rising markedly, says the UN Conference on Trade and Development (UNCTAD). According to the agency, the proportion of people in 29 African LDCs living below $2 per day increased from 82 per cent in the late 1960s to 87.5 per cent in the late 1990s. For those in extreme poverty — under $1 per day — the increase was from 55.8 per cent to 64.9 per cent, reports UNCTAD’s Least Developed Countries 2002, released in June. The number of Africans living in extreme poverty in these countries rose dramatically from 89.6 million to 233.5 million over the same period.

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