AFRICAN ECONOMIC DEVELOPMENT.

POVERTY; SOCIAL problems; COST of living; UNITED Nations; GROUP of Eight (Organization); SOCIAL conditions in Africa; AFRICAN history, 1960-

The author reflects on the widespread poverty in Africa. As of 1998, an estimated 291 million people in sub-Saharan Africa were living in absolute poverty as depicted in the data of the World Bank. To solve this problem, the United Nations and the Group of Eight (G8) have separately made strategies that target the poverty issue. However, he emphasizes the need for these organizations to identify the obstacles that hinder the economic growth in the continent to succeed in solving the problem.