Why is Africa Underdeveloped?
Fast facts: Global poverty 689 million people live in extreme poverty, surviving on less than $1.90 a day. Children and youth account for two-thirds of the world’s poor, and women represent a majority in most regions. Extreme poverty is increasingly concentrated in sub-Saharan Africa. About 40% of the region’s people live on less than $1.90 a day. Extreme poverty rates nearly doubled in the Middle East and North Africa between 2015 and 2018, from 3.8% to 7.2%, mostly because of crises in Syria and Yemen. Although countries impacted by fragility, crises, and violence are home to about 10% of the world’s population, they account for more than 40% of people living in extreme poverty. By 2030, an estimated 67% of the world’s poor will live in fragile contexts. About 70% of people older than 15 who live in extreme poverty have no schooling or only some basic education. 1.3 billion people in 107 developing countries, which account for 22% of the world’s population, live in multidimensional p...
