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African Development Report 2012 - Overview

04-Jun-2013

Africa’s robust economic growth, averaging five percent a year over the last ten years, has placed the continent among the fastest growing regions in the world. During the past decade, poverty rates on the continent have declined and the attainment of other MDG targets is within sight.

Although headcount poverty rates have decreased, Africa is still a poor continent and rapid economic growth has not reduced inequality. Hunger remains widespread on the continent, especially in sub-Saharan Africa, while access to energy is inadequate. Environmental and socioeconomic changes present further challenges for Africa. Notably, climate change, global population growth and shifting consumption patterns are putting additional pressure on Africa’s natural resources.

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