POVERTY IN AFRICA

Does poverty exist in Africa? Most African countries fall in the pecking order of the developed nations, as evident in their per capita income of each country. The developing nations show consistency in drop in their income shares. The state of scarcity in every nation has a vast number of causes; however, Africa still faces numerous challenges. Therefore, from this perspective, it can be deduced that poverty exists in Africa.

Many scholars have uploaded Africa for its steadfast growth in productivity. Africa is believed to be a fast-paced continent. African population is rapidly rising, a sign of labor availability. The nationís education growth is an indication future prosperity, as lack of education will no longer be challenge to the continent (Acemoglu & Robinson, 2012). Africa is showing high technology advancement. Technological manufactures have identified the nation as an important world consumer, despite its low technology exports. However, African economic success is m...