Africa has been recording fast economic growth in the last two decades, with an average annual GDP growth of 4.6% (2000-2016). However, that has not been sufficient to meet the developmental goals and poverty is again on the rise. In recent years, poverty rose slightly in Africa for the first time in more than a decade, especially in countries like South Africa, Niger, and Uganda. To make things more challenging, COVID-19 has had a negative effect on the GDP. The GDP of South Africa—the … [Read more...]