PUBLISHER'S NOTE: Time To Destroy Africa’s Yoke
For the umpteenth time, news about the despicable state of affairs in Africa has continued to resonate. This time, it is coming from David Malpass who was recently elected President of the World Bank.
Malpass, in expressing his thoughts on salient global issues, warned at the Spring
Meetings of the International Monetary Fund and World Bank Group that Africa could
be home to 9 in every 10 extremely poor people by 2030. Malpass explained that this development would jeopardise the World Bank’s goal to end extreme poverty by that time.
The World Bank boss also remarked at the meeting that extreme poverty was on the
rise in sub-Saharan Africa despite a global drop from levels seen in the 1990s and 2000s.
He said: “On current trends, per capita income growth in Sub-Saharan Africa, as a
whole, is now projected to stay below 1 per cent until at least 2021, which elevates the risk of a further concentration of extreme poverty on the continent........... Read more