Poverty is the lack of financial resources to satisfy basic human needs like food, clothing and shelter. Poverty can have diverse social, economic, and political causes and effects.
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Africa has a wealth of natural resources but unfortunately, many of the countries have a large % of their population living in extreme poverty. Some of the factors that have led to this include; bad governance & corruption, poor implementation of national policies,..
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.. poor healthcare, unfavourable balance of trade etc.
The chart above shows the African countries with the highest share of the global population living in extreme poverty. As of 2021, 12.60% of the global population living in extreme poverty were from Nigeria.
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Followed by 9.60% from The Democratic Republic of Congo and 4.10% from Tanzania.