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Is Africa on Track to Ending Poverty by 2030?

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Listed:
  • Ismael Fofana
  • Margaret Chitiga
  • Ramos Emmanuel Mabugu

Abstract

Progress in poverty reduction has been slow for the Sub-Saharan Africa region which faces serious challenges in addressing inclusive growth. This study assesses the income growth requirements to achieve the sustainable development goals on poverty for given income inequality performances in African countries. The assessment is based on a microeconomic approach and survey data for the countries. Results reveal that, given their current income growth and inequality performances, more than half (55%) of the African countries are off track to halving poverty between 2015 and 2030. Therefore, under the current inequality reduction performances, African countries should strive to deliver higher income growth results, above 6% annual gross domestic product on average, to be on track to achieving the Sustainable Development Goals target of halving poverty between 2015 and 2030.

Suggested Citation

  • Ismael Fofana & Margaret Chitiga & Ramos Emmanuel Mabugu, 2023. "Is Africa on Track to Ending Poverty by 2030?," Journal of African Economies, Centre for the Study of African Economies, vol. 32(Supplemen), pages 87-98.
    • Handle: RePEc:oup:jafrec:v:32:y:2023:i:supplement_2:p:ii87-ii98.
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    File URL: http://hdl.handle.net/10.1093/jae/ejac043
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    References listed on IDEAS

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    More about this item

    Keywords

    poverty; inequality; growth; sustainable development goals; Africa; JEL classification: I32; O4; O55;
    All these keywords.

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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