• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

667m Africans in extreme poverty — ECA

Poverty

The Matters Press by The Matters Press
February 11, 2023
Reading Time: 1 min read
0
Poverty in West Africa increases by 3%

COVID-19 pandemic may have pushed additional 55 million Africans into extreme poverty, bringing the tally to 667 million.

RELATED POSTS

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

‎Group celebrates 45% increase in federal revenue in just one month

Acting Executive Secretary of the Economic Commission for Africa (ECA), Mr Antonio Pedro, made the disclosure on Friday in a statement by the Communications Section of ECA.

Pedro was speaking on the heels of the upcoming 55th Session of the ECA Conference of African Ministers of Finance, Planning and Economic Development (CoM2023).

CoM2023 is scheduled to hold in Addis Ababa from March 15-21.

CoM 2023 will be convened under the theme, ‘Fostering recovery and transformation in Africa to reduce inequalities and vulnerabilities’.

Pedro noted that despite high growth rates in the past two decades, 667 million people still live in extreme poverty in 2022.

He said the high growth rate had reduced poverty levels in Africa with the share of the population living in extreme poverty decreasing from 55 to 35 per cent between 2000 and 2019.

Pedro said global shocks were, however, turning millions of vulnerable people into the continent’s new poor, reversing decades of progress.

COM23 will be attended by African ministers of Finance, Planning and Economic Development, representatives of member States.

Others are entities of the United Nations system, pan-African financial institutions, African academic and research institutions, development partners, and intergovernmental organisations.

Tags: Poverty
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Next Post
Nigeria floats $4bn Eurobonds

Nigeria reopens 4 bonds valued at N360bn for auction

Transparency group commends NEPZA of its anti-corruption reforms

NEPZA urges varsities to partake in free trade zones scheme

Recommended Stories

Nigeria, nine others fail to sign air market deal

African airlines cargo volume up 17% January – IATA

March 6, 2024
Osinbajo meets with entertainers

Osinbajo advises on transforming Africa into knowledge-based economy

February 17, 2022
Free public transportation for retirees begins in Lagos

PTAD reiterates commitment to safeguarding pensioners’ payments

August 1, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG
  • ‎Group celebrates 45% increase in federal revenue in just one month

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us