Friday, May 20, 2011

African economic growth fails the hungry

African economic growth fails the hungry:
"Bill Gunyon
OneWorld Guides
Posted 5/16/11

Latest world polls conducted by Gallup find that 57% of sub-Saharan Africans periodically lack sufficient money to feed their families. Gallup says the recent surge in global food prices could make matters worse.

This assessment will disturb the perception that African economies are performing well. “Growth in sub-Saharan Africa rebounded strongly in 2010,” declared Dr. Ngozi Okonjo-Iweala, World Bank Managing Director, at the MIT Sloan Africa conference on Friday. “There are serious investors who are seriously interested in Africa. It is now Africa’s time!” she said.

Polling results for Ghana and Malawi in particular will baffle experts. Ghana is considered to be an African tiger. Last month’s IMF mission predicted that 2011 economic growth could rocket to 13%. Yet the Gallup poll found 53% of Ghanaians to be in difficulties with basic food security."

No comments:

Post a Comment

 
Think local. Act global. Learn more about the Peace Corps