Goal 1: Eradicate extreme poverty and hunger
Poverty Reduction is lagging behind economic Growth
Africa is the world’s second fastest growing region. Poverty has declined faster since 2005 than over 1990–2005—but not fast enough to reach the target by 2015. Most workers are employed in vulnerable jobs with low wages and low productivity. High inequality in most African economies have has left poverty reduction lagging behind economic growth. Still, the continent’s growth acceleration provides it with a unique opportunity to reduce poverty and create jobs through proactive policy interventions. Creating more decent jobs faster calls for a structural transformation of African economies—with bold industrial policies that promote value addition and economic diversification.
Food price hikes and the recurring droughts in the Sahel and the Horn of Africa are among key factors accounting for slow progress in nutrition levels
The performance of African countries on reducing hunger varies markedly. Over 1990–2012, 3 countries reduced hunger by 50 per cent or more (Ghana, the Democratic Re¬public of the Congo and Mauritania); 19 reduced hunger 20.0–49.9 per cent and 13 reduced hunger 0.0–19.9 per cent. Five countries (Burundi, Swaziland, Comoros, Cote d’Ivoire and Botswana) experienced setbacks.
- 29/09/2015 - An international effort to power Africa
- 28/09/2015 - After the MDGs, renewed commitment and financing required to spur Africa’s development
- 22/09/2015 - From the MDGs to the SDGs: Africa at a crossroads
- 07/09/2015 - United Nations Sustainable Development Summit 2015
- 18/08/2015 - AfDB’s Africa Information Highway selected as one of the most innovative data initiatives in the world