Africa’s Poverty Amid Plenty
Foreign investors now view Africa as their next frontier, with household consumption in some parts of the continent now higher than that of the world's major emerging economies. But, amid Africa’s new growth and dynamism, too many of its people continue to suffer from poverty, unemployment, illiteracy, and curable diseases.
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PRETORIA – Poverty and inequality still blight much of the developing world, especially Africa, and breed other social ills, including crime and social instability. But considerable progress has been made in addressing both problems, and with more investment, they can be eradicated in our lifetime.