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Kibera is the largest slum in Nairobi, Kenya.
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. In 2009, 22 of 24 nations identified as having "Low Human Development" on the United Nations' (UN) Human Development Index were in Sub-Saharan Africa.[1] As of 2019, 424 million people in sub-Saharan Africa were reportedly living in severe poverty. In 2022, 460 million people—an increase of 36 million in only three years—were anticipated to be living in extreme poverty as a result of the COVID-19 pandemic and the Russo-Ukrainian war.[2][3][4]
In 2006, 34 of the 50 nations on the UN list of least developed countries were in Africa.[5] In many nations, GDP per capita is less than US$5200 per year, with the vast majority of the population living on much less (according to World Bank data, by 2016 the island nation of Seychelles was the only African country with a GDP per capita above US$10,000 per year[6]). In addition, Africa's share of income has been consistently dropping over the past century by any measure. In 1820, the average European worker earned about three times what the average African did. Now, the average European earns twenty times what the average African does.[7] Although GDP per capita incomes in Africa have also been steadily growing, measures are still far better in other parts of the world.
^International Human Development Indicators Archived 12 January 2013 at the Wayback Machine. undp.org
^Bank, European Investment (19 October 2022). Finance in Africa - Navigating the financial landscape in turbulent times. European Investment Bank. ISBN 978-92-861-5382-2.
^"Africa might have dodged a bullet, but systemic warnings abound for poverty reduction efforts on the continent". blogs.worldbank.org. Retrieved 28 October 2022.
^"Extreme poverty rises in West Africa due to COVID-19 pandemic | World Food Programme". www.wfp.org. Retrieved 28 October 2022.
^LDCs List Archived 26 October 2013 at the Wayback Machine. un.org. Retrieved on 31 October 2011.
^GDP per capita (current US$) Archived 1 July 2019 at the Wayback Machine, World Bank website, retrieved 9 January 2018
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