Africa’s Increasing Poverty a Concern - Ban

UN secretary-general, Ban Ki moon, says he is concerned about the millions of Africans still living in poverty

The United Nations (UN) secretary-general, Ban Ki moon, says he is concerned about the millions of Africans still living in poverty, despite the continent recording positive growth in the last decade.

Currently Africa is home to six of the world's 10 fastest growing economies and the continent's economy has been growing at an average of five percent per annum over the last decade despite the global economic downturn.

However, Ban says this growth should be inclusive, adding that, “…Economic expansion is not an end in itself. Wealth cannot remain in the hands of the few. Inequality is a recipe for instability."

To read the article titled, “Ban concerned by poverty in Africa,” click here.

Source: 
SABC News

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