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The New Year 2021 has begun on a high note with the reality of the coronavirus vaccine shining across the globe. The year 2020 will certainly be etched in the minds of many people across the world for the wrong reasons. It is the year that the coronavirus caused death, illness and economic despair across the world.  

In Africa, the COVID-19 pandemic has hugely torpedoed the continent’s war against poverty. According to the IMF, developed economies will shrink by around 6% in 2020 while emerging markets and developing ones will shrink by 1%. With more people living close to the international poverty line in developing nations, it is imperative to note that low and middle income countries will suffer the greatest repercussions in terms of extreme poverty.  

Also Read:BUSARA CENTER AIMS AT POVERTY ALLEVIATION  

The definition of poverty entails more than just the lack of income and productive resources