Poverty across the continent may be lower than what current estimates suggest, though the number of people living in extreme poverty has grown substantially since 1990, according to the latest World Bank Africa poverty report.
In 2019, some 70 percent of the world’s poor will live in Africa
Africa has reached a major milestone as more Africans are now escaping … They represent more than 70 percent of the world’s poorest people. … resulting in a 1 million-person reduction in total African poverty in 2020.
The latest extreme poverty estimates from the World Bank revealed that Africa is lagging behind the rest of the world.