Inequality in Africa touched a record in 2022 when the continent became the most unequal region in the globe after Latin
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The arrested growth, the report stated, happened amid climate change, fragility and debt pressures across countries on the continent, which found it more difficult compared to the rest of the world to translate growth into poverty reduction as the dividends of economic growth could not reach the poorest households.
Four of the eight countries seen as contributing more than half of the global population by that time, the study said, are in Africa as the continent continues to witness rapid population growth driven by a declining mortality rate and some of the highest birth rates in the world. At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
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