• About Us
  • Archives
  • SWG Registration
Samrack Media
Mahiga Homes
  • Home
  • ALL NEWS
  • Diaspora
  • Africa
    • AFRICA
    • KENYA
  • BUSINESS
    • BUSINESS
    • INVESTMENTS
    • REAL ESTATE
    • TECHNOLOGY
  • Politics
  • Health
    • HEALTH
    • EDUCATION
  • Religion
  • People
    • PEOPLE
    • LIFESTYLE
    • RELATIONSHIPS
  • Obituaries
  • Videos
  • Events
No Result
View All Result
  • Home
  • ALL NEWS
  • Diaspora
  • Africa
    • AFRICA
    • KENYA
  • BUSINESS
    • BUSINESS
    • INVESTMENTS
    • REAL ESTATE
    • TECHNOLOGY
  • Politics
  • Health
    • HEALTH
    • EDUCATION
  • Religion
  • People
    • PEOPLE
    • LIFESTYLE
    • RELATIONSHIPS
  • Obituaries
  • Videos
  • Events
No Result
View All Result
Samrack Media
No Result
View All Result

Africa to Host 90% of the World’s Poor, Unless We Empower Our Women

samrack by samrack
October 17, 2019
in Africa, Business, Diaspora, Kenya, Kenya Diaspora News, News, U.S Diaspora
A A
0
Africa to Host 90% of the World’s Poor, Unless We Empower Our Women
Share this
FacebookTwitterPinterestEmailWhatsAppLinkedIn

Africa to Host 90% of the World’s Poor, Unless We Empower Our Women

A World Bank report reveals that 4 in every ten Africans live in poverty. Say, a whopping 416 million people lived under $ 1.90 a day, as of 2015.

The report posits that by 2030, 90% of the world’s poor will live on the continent. Well, unless Africa finds its saving grace in raising labor productivity and empowering women.

“As countries in other regions continue to make progress in poverty reduction, forecasts suggest that poverty will soon become a predominantly African phenomenon.” reads the report.

The increasing poverty stems from the collapse of commodity prices, which took the stage in 2014. As a result, several African countries reported negative GDP growth on a per capita basis.

Moreover, a World Bank press release states that slow domestic reforms and uncertainty in the global economy are partly to blame. Altogether, World Bank anticipates Sub Saharan Africa’s economy will grow at 2.6% in 2019, 0.2% slower than its April prediction.

Nevertheless, creating an inclusive economy might be the best way forward, reveals the report.

Women Empowerment, Labor Productivity Key to Better Economies

Part of the poverty reduction program includes improving labor productivity and empowering women. The report notes that Africa should focus on raising the productivity of its individuals.

Such a move will increase citizens’ earning capacity from both wages and self-employment. As a result, it will foster the redistribution of resources and transfers, which will alleviate poverty.

Second, more inclusive economies would take African nations a long way towards reducing poverty. Plus, removing barriers to economic participation for women will boost economic growth.

“At the same time, evidence links poor governance to poor growth performance, so efficient and transparent institutions should be on the priority list for African policymakers and citizens,” said WB Chief Economist For Africa Albert Zeufack.

Sub Saharan Africa shows excellent potential for women. For instance, women in the region are more likely to be entrepreneurs than men. Plus, Women in Africa contribute to a larger share of agricultural labor.

However, significant and persistent earning gaps stifle this success. As a result, women produce 33% less per hectare and earn 34% less profit in business.

Some of the steps African countries can take include building women’s skills beyond traditional training and helping women secure land rights.

Additionally, the continent should address social norms that limit women’s opportunities and create innovative solutions to improve women’s access to finance. The two would catapult women’s economic empowerment and African Economic growth.

Tags: Africa to Host 90% of the World’s PoorUnless We Empower Our Women
Previous Post

Johnson Sakaja takes on Mary Wambui over NEA appointment

Next Post

European Lenders to Give Kenya 200 Million Euros for Bus System

Related Posts

Diaspora:How KEMEN  President, Anthony Kamnao “Cheated Death” after a gruesome accident
Diaspora

Diaspora:How KEMEN President, Anthony Kamnao “Cheated Death” after a gruesome accident

February 3, 2023
Death Announcement Of Eric Gakure of Worcester MA
Diaspora

Death Announcement Of Eric Gakure of Worcester MA

January 31, 2023
Ruto didn’t win August 2022 election, should resign – Raila
Kenya

Ruto didn’t win August 2022 election, should resign – Raila

January 28, 2023
Peter Francis Muhia Ndungu Of Brockton Massachusetts
Diaspora

Death Announcement of Peter Francis Muhia Ndungu Of Brockton Massachusetts

January 28, 2023
Diaspora

Canadian Embassy Wades into Kenyan-Canadian Nurse Lucy Njeri’s Alleged Murder Plot

January 26, 2023
US Man Involved in a $250 Million Fraud Scheme to Forfeit Properties He Acquired in Kenya
Business

US Man Involved in a $250 Million Fraud Scheme to Forfeit Properties He Acquired in Kenya

January 26, 2023
Next Post
European Lenders to Give Kenya 200 Million Euros for Bus System

European Lenders to Give Kenya 200 Million Euros for Bus System

Please login to join discussion
ADVERTISEMENT
ADVERTISEMENT
Royal Gardens Ngong Royal Gardens Ngong Royal Gardens Ngong
ADVERTISEMENT
KIBS VILLA HOMES:(ABNB) Relax into Luxury: Monthly ABNB rates are negotiable Call:508-479-1517 / 254714428680 KIBS VILLA HOMES:(ABNB) Relax into Luxury: Monthly ABNB rates are negotiable Call:508-479-1517 / 254714428680 KIBS VILLA HOMES:(ABNB) Relax into Luxury: Monthly ABNB rates are negotiable Call:508-479-1517 / 254714428680
ADVERTISEMENT

Latest News

Diaspora:How KEMEN President, Anthony Kamnao “Cheated Death” after a gruesome accident

Death Announcement Of Eric Gakure of Worcester MA

Ruto didn’t win August 2022 election, should resign – Raila

Death Announcement of Peter Francis Muhia Ndungu Of Brockton Massachusetts

Canadian Embassy Wades into Kenyan-Canadian Nurse Lucy Njeri’s Alleged Murder Plot

US Man Involved in a $250 Million Fraud Scheme to Forfeit Properties He Acquired in Kenya

Mizizi Africa Homes diversifies into land selling with ‘Buy, We Build’ Concept

Equity Bank’s Wings to Fly Scholarship selection process commences

Transition/Death Announcement of Christine Ntagengwa of Attleboro,Massachusetts

Women of Hope: Valentines Dinner: $70 P/Person 11 Feb 2023 Guest Speaker:Rev.Dr.G.G Gitahi Time 7PM EST

We are grateful for your monthly or one-off donations To Samrack Media: Cash App No: 781-888-8770 $SAMRACK001

Money

New Digital Skills Helps Unemployed Kenyan Youth Earn In Cryptocurrency

New Digital Skills Helps Unemployed Kenyan Youth Earn In Cryptocurrency

by samrack
November 19, 2021
0

New Digital Skills Helps Unemployed Kenyan Youth Earn In Cryptocurrency This week sees the launch of a new initiative to equip...

A simple guide to Government Bonds investing in Kenya

A simple guide to Government Bonds investing in Kenya

by samrack
September 17, 2021
0

A simple guide to Government Bonds investing in Kenya A treasury bond (T-bond) is a medium term to long term...

Politics

Ruto didn’t win August 2022 election, should resign – Raila

Ruto didn’t win August 2022 election, should resign – Raila

by samrack
January 28, 2023
0

Ruto didn't win August 2022 election, should resign - Raila According to Raila, Ruto did not win the August 9...

NEW SCARY DEVELOPMENTS IN KENYA

NEW SCARY DEVELOPMENTS IN KENYA

by samrack
January 21, 2023
0

NEW SCARY DEVELOPMENTS IN KENYA Will Martha Karua's case at the East African Court of Appeal, the new Ruto's revelation...

  • About Us
  • Archives
  • SWG Registration

© 2023 SAMRACK - Diaspora News & Updates; design by: Samrack.

No Result
View All Result
  • Home
  • ALL NEWS
  • Diaspora
  • Africa
    • AFRICA
    • KENYA
  • BUSINESS
    • BUSINESS
    • INVESTMENTS
    • REAL ESTATE
    • TECHNOLOGY
  • Politics
  • Health
    • HEALTH
    • EDUCATION
  • Religion
  • People
    • PEOPLE
    • LIFESTYLE
    • RELATIONSHIPS
  • Obituaries
  • Videos
  • Events

© 2023 SAMRACK - Diaspora News & Updates; design by: Samrack.

Page generated in 1.063 seconds. Stats plugin by www.blog.ca