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Africa is the world’s poorest continent

Author: WandererBy authoritarian rule and the impact of colonialism, Africa is the world’s poorest continent, all of Africa’s total trade volume accounts for only one year one percent of the world. Published in 2006 by the United Nations Human Development Report, the lowest human development index ranks 23 countries are in Africa (No. 155 to No. 177.)

China, India and Latin America, rapid economic growth so that millions of people to poverty, but Africa’s foreign trade, investment and development of per capita income of the ribbon slowly than other regions. Poverty in Africa have serious problems, including low per capita life expectancy (average life expectancy of Swaziland, less than 33 years old), and violence.

Some parts of Africa, especially Botswana and South Africa, and economic development more successful. The former more than a quarter of the fiscal budget for the improvement of the capital Gaborone’s infrastructure, making it one of the world’s fastest growing city. The latter is rich in natural resources, is the world’s leading producers of gold and diamonds. Other countries such as Ghana, Kenya, Cameroon and Egypt, and economic development are more ideal.

From 1995 to 2005, to regain economic growth in Africa in 2005, an average of 5%, and some had just started to develop oil resources in countries such as Angola, Sudan Republic and Equatorial Guinea’s economic growth and more than 10%.

From: Free Travel Information, the excellent directory of travel information around the world. http://www.freetravelinformation.net/ post: Africa is the world’s poorest continent http://www.freetravelinformation.net/118/africa-is-the-worlds-poorest-continent/

 

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