Investing in agriculture reduces poverty and inequality: economic model finds the best funding mix for 10 African countries
AFRICA faces challenges in reducing extreme poverty and inequality. In 2024, 8.5% of the global population was living in extreme poverty (that is, on less than US$2.15 a day). Nearly 67% of these people were living in sub-Saharan Africa. To tackle these significant issues of poverty and inequality, it is essential to identify the locations of the most impoverished individuals. This enables investments to focus on generating growth and productivity that are both inclusive of poor people and sustainable. About 70% of the poor in sub-Saharan Africa live in rural areas. Most (65% to 70%) are employed in agriculture. Agriculture…
