Browsing: Oxfam

Extreme Poverty in Africa

Global poverty is not only the current threat to the progression of humanity. Inequality is yet another block that spikes the fire.

According to Oxfam, even after the pandemic threw higher costs of life to communities worldwide, the wealth billionaires own risen sharply compared to 14 years ago.

In this case, South Africa presents an exciting take to analyze. South Africa is an unequal country in the world.

In the second top economy in Africa, race plays a crucial factor in fueling inequality, where 10 per cent of the population owns more than 80 per cent of the wealth, according to information from Aljazeera.

On the governmental level, complications may arise when handling mass starvation and social cohesion for millions of people in locked nations in East Africa, Yemen, Syria and the Sahel.

Since November 2020, Tigray’s rebel forces have been fighting Ethiopia’s military forces, leaving hundreds in humanitarian crises and with countless deaths. This poses a threat to the rest of the region and to Ethiopia’s development initiatives. Ethiopia’s two neighbouring countries, South Sudan and Somalia, are also in deep civil conflict.
The World Bank (WB), one of Ethiopia’s close development partners, argues that its location gives this nation of more than 112 million people a strategic dominance as a “jumping-off” point in the Horn of Africa, close to the Middle East and its markets.
The second most populous country with the fastest growing economy in the region has impressed the globe with its development pace, from enhancing its aviation power to increasing infrastructure to make the country more accessible and up to speed.