In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...
s Twenty Most Productive Nations. Eighteen of the poorest countries by GDP per capita are in Africa. That is not surprising given the famine and war that have racked the continent for the better ...
The most optimistic scenario shows about 330 million poor in 2012, up from about 280 million in 1990 ... The picture on African inequality is complex. Seven of the 10 most unequal countries in the ...
In an Africa plagued by poverty and unemployment, many dream of a better future, and some don't hesitate to invest their life savings in QNET's business, in the hope of one day escaping the grip of ...