* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, May 11, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    Taylor Swift’s team calls subpoena in Blake Lively-Justin Baldoni case ‘tabloid clickbait’ – Yahoo

    Taylor Swift’s Team Slams Subpoena in Blake Lively-Justin Baldoni Case as ‘Tabloid Clickbait

    The Weeknd made the apocalypse sexy at his 2025 tour launch in Arizona – Yahoo

    The Weeknd Turns Up the Heat at His 2025 Tour Launch in Arizona!

    Flutter Entertainment eyes U.S. prediction markets amid growing interest – Sports Business Journal

    Flutter Entertainment Sets Its Sights on U.S. Prediction Markets as Interest Soars

    SXSW Rom-Com ‘I Really Love My Husband’ Acquired for U.S. Release – Variety

    Heartfelt Romance: ‘I Really Love My Husband’ Set to Captivate U.S. Audiences!

    Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

    Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Federal agents raid Dymeng Technology Solutions in St. Augustine – Action News Jax

    Federal Agents Storm Dymeng Technology Solutions in St. Augustine: What You Need to Know

    SoundHound’s Amelia 7.0 Platform Delivers Agentic AI With Category Leading Voice Technology – Business Wire

    Unleashing the Future: SoundHound’s Amelia 7.0 Revolutionizes Voice Technology with Agentic AI

    Comings and goings: MPT hires VP of technology, NPR announces changes to Business Desk – Current – For people in public media

    Exciting Leadership Changes: MPT Welcomes New VP of Technology and NPR Revamps Business Desk!

    Harnessing emerging technologies to power a small business – The Oaklandside

    Unlocking Success: How Emerging Technologies Can Transform Your Small Business

    Artificial intelligence (AI) – The Guardian

    Unlocking the Future: How Artificial Intelligence is Transforming Our World

    Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

    Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    Taylor Swift’s team calls subpoena in Blake Lively-Justin Baldoni case ‘tabloid clickbait’ – Yahoo

    Taylor Swift’s Team Slams Subpoena in Blake Lively-Justin Baldoni Case as ‘Tabloid Clickbait

    The Weeknd made the apocalypse sexy at his 2025 tour launch in Arizona – Yahoo

    The Weeknd Turns Up the Heat at His 2025 Tour Launch in Arizona!

    Flutter Entertainment eyes U.S. prediction markets amid growing interest – Sports Business Journal

    Flutter Entertainment Sets Its Sights on U.S. Prediction Markets as Interest Soars

    SXSW Rom-Com ‘I Really Love My Husband’ Acquired for U.S. Release – Variety

    Heartfelt Romance: ‘I Really Love My Husband’ Set to Captivate U.S. Audiences!

    Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

    Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Federal agents raid Dymeng Technology Solutions in St. Augustine – Action News Jax

    Federal Agents Storm Dymeng Technology Solutions in St. Augustine: What You Need to Know

    SoundHound’s Amelia 7.0 Platform Delivers Agentic AI With Category Leading Voice Technology – Business Wire

    Unleashing the Future: SoundHound’s Amelia 7.0 Revolutionizes Voice Technology with Agentic AI

    Comings and goings: MPT hires VP of technology, NPR announces changes to Business Desk – Current – For people in public media

    Exciting Leadership Changes: MPT Welcomes New VP of Technology and NPR Revamps Business Desk!

    Harnessing emerging technologies to power a small business – The Oaklandside

    Unlocking Success: How Emerging Technologies Can Transform Your Small Business

    Artificial intelligence (AI) – The Guardian

    Unlocking the Future: How Artificial Intelligence is Transforming Our World

    Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

    Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Poorest African Countries in 2023

June 18, 2023
in Business
Poorest African Countries in 2023
Share on FacebookShare on Twitter

Africa, the world’s second-largest and second-most populous continent, is a land of rich cultural diversity and breathtaking landscapes. However, it also faces significant socio-economic challenges, including poverty. Despite notable progress in recent years, poverty continues to be a persistent issue in many African countries, hindering sustainable development and posing a considerable obstacle to improving the lives of millions of people.

The cause of the long-term poverty in these African countries can mostly be attributed to corrupt governments, exploitative colonization, weak rule of law, war and social unrest, severe climate conditions, amongst others.  

How can we identify the world’s most impoverished nations? Although GDP per capita is frequently utilized as the primary measure, incorporating purchasing power parity (PPP) to account for variations in living expenses and inflation rates offers a more accurate evaluation of an individual’s purchasing ability within a specific country. Let’s delve into some of the poorest countries on the continent.

South Sudan

The youngest country in Africa, South Sudan has faced immense challenges since gaining independence in 2011. Despite its vast natural resources including its abundant oil reserves and agricultural potential, the country remains one of the poorest countries on the continent. The majority of the population engage in traditional agriculture, yet farmers frequently face challenges such as violence and extreme climate events, hindering their ability to sow or harvest crops.

Even in 2023, the nation faces a significant challenge in the form of high inflation, despite the potential for robust economic growth of 5.8% in 2023, which stands among the highest in the world at 27%. UNICEF however estimates that during the lean season from April to July 2023, over half of the population, approximately 7.8 million individuals, are expected to experience acute food insecurity.

Burundi

A small landlocked country, the Republic of Burundi, lies among the poorest countries in Africa. The country suffers from lack of natural resources as well as the lingering effects of a 12-year civil war, which resulted in its ranking as one of the poorest nations in the continent and beyond. 

With approximately 80% of its population, around 13 million people, relying on subsistence agriculture, the prevalence of food insecurity in Burundi is nearly double the average for sub-Saharan African countries. Additionally, access to clean water and sanitation facilities remains extremely limited, as less than 5% of the population has access to electricity. inflation is currently projected to reach around 16% this year, posing additional challenges to the nation’s economic stability and development.

Central African Republic

Despite its wealth in resources such as gold, oil, uranium, and diamonds, the Central African Republic (CAR) is plagued by poverty, making it one of the continent’s poorest nations for the past decade. According to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), approximately 2.7 million people, nearly half of CAR’s population, are currently facing acute food insecurity.

Unfortunately, the aftermath of the war in Ukraine has exacerbated the situation, leading to a sharp increase in prices of essential goods. The country has also been grappling with cycles of severe flooding and drought, adding further hardships to its population. This dire situation compounds the existing challenges faced by the country, highlighting the struggles of its inhabitants despite the abundance of valuable natural resources.

Somalia

The Federal Republic of Somalia has an estimated population of around 17.1 million with abject poverty. There are several issues that added up to the country being in the list of the poorest country in the continent which include the 2020 COVID-19 pandemic, devastating floods, and an unprecedented locust infestation. Also, Russia’s blockade of wheat exports from Ukraine exacerbated the situation, resulting in a rise in severely malnourished children within Somali healthcare facilities.

Presently, Somalia finds itself amidst a simultaneous crisis, with Islamist insurgents attempting to overthrow the central government while grappling with the most severe drought in four decades. Humanitarian agencies have issued warnings that approximately half of the population is in desperate need of assistance. 

Democratic Republic of Congo

Following its independence from Belgium in 1960, the Democratic Republic of the Congo (DRC) formerly known as Zaire has endured decades of oppressive dictatorships, political instability, and persistent violence. This contributed to the country’s frequent appearance among the world’s poorest nations. With a population of around 112 million, approximately three-quarters of the country’s population struggles to survive daily.

The DRC whose largest export is raw materials, with China accepting over 50% of its exports in 2019 possesses abundant resources and potential to emerge as one of Africa’s wealthiest nations. Already, the country holds the distinction of being the world’s largest producer of cobalt and Africa’s primary source of copper, both of which are crucial for the production of electric vehicles.

Mozambique

Blessed with abundant resources and a strategic location, the Republic of Mozambique has consistently achieved impressive average GDP growth rates exceeding 7% over the past decade. However, this feat has not helped the country’s economic potential, as it continues to grapple with the challenge of being ranked among the world’s ten poorest nations.

This is caused by the incessant attacks m Islamic insurgent groups since 2017 especially in the northern region of Mozambique, known for its vast gas reserves. The International Monetary Fund (IMF) and the World Bank however still hold a positive medium-term economic outlook for Mozambique. They anticipate that the country’s growth will accelerate to 5% this year and reach 8% in the following year.

Niger

Niger with over 80% of its land area lies in the Sahara and with a  rapidly growing population of about 25 million, the country still faces the looming threat of desertification, which poses significant challenges to the country. The country relies heavily on small-scale agriculture for sustenance. Consequently, Niger grapples with food insecurity, elevated disease rates, and high mortality rates. The recurring clashes between the army and the Boko Haram affiliate of the Islamic State (ISIS) have also resulted in the displacement of thousands of people.

Niger witnessed an impressive 11% expansion in its economy last year due to the inauguration of its new president, Mohamed Bazoum, in 2021. The country is projected to experience a more moderate but still robust growth of 6.1% this year, with a remarkable growth rate of 13% expected in 2024.

Read More

Tags: AfricanbusinessPoorest
Previous Post

5 Richest Nigerian Politicians You Don’t Hear About

Next Post

The “Nigerian Way of Doing Things” & How it’s Holding Back a Great Nation

This Week in Sports Trivia: May 8, 2025 – The Athletic – The New York Times

This Week in Sports Trivia: May 8, 2025 – The Athletic – The New York Times

May 11, 2025
It’s Air Quality Awareness Week! – Department of Ecology – State of Washington (.gov)

Breathe Easy: Celebrate Air Quality Awareness Week!

May 11, 2025
NSF Seeks Partnerships to Fund Graduate Fellows – AIP.ORG

NSF Seeks Partnerships to Fund Graduate Fellows – AIP.ORG

May 11, 2025
US govt’s science foundation purges 37 divisions, equity unit among casualties – theregister.com

US govt’s science foundation purges 37 divisions, equity unit among casualties – theregister.com

May 11, 2025
Farm to cabaret: 7 things to do for Mother’s Day on South Shore. (None are just brunch) – The Patriot Ledger

Farm to cabaret: 7 things to do for Mother’s Day on South Shore. (None are just brunch) – The Patriot Ledger

May 11, 2025
4 Blues headed to World Championship – NHL.com

4 Blues headed to World Championship – NHL.com

May 11, 2025
Puerto Rico turns to manufacturing to boost economy as Trump’s tariff war deepens – Yahoo

Puerto Rico Embraces Manufacturing to Revitalize Its Economy Amid Ongoing Tariff Challenges

May 11, 2025
‘Experimental entertainment venue’ sets sights on Austin area – MySA

‘Experimental entertainment venue’ sets sights on Austin area – MySA

May 11, 2025
Event offers free health services and wellness items in Fort Worth – CBS News

Event offers free health services and wellness items in Fort Worth – CBS News

May 11, 2025
Joseph Nye, Political Scientist Who Extolled ‘Soft Power,’ Dies at 88 – The New York Times

Remembering Joseph Nye: The Visionary Political Scientist Who Championed ‘Soft Power

May 11, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (599)
  • Economy (611)
  • Entertainment (21,524)
  • General (15,211)
  • Health (9,653)
  • Lifestyle (616)
  • News (22,149)
  • People (614)
  • Politics (618)
  • Science (15,833)
  • Sports (21,122)
  • Technology (15,601)
  • World (601)

Recent News

This Week in Sports Trivia: May 8, 2025 – The Athletic – The New York Times

This Week in Sports Trivia: May 8, 2025 – The Athletic – The New York Times

May 11, 2025
It’s Air Quality Awareness Week! – Department of Ecology – State of Washington (.gov)

Breathe Easy: Celebrate Air Quality Awareness Week!

May 11, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version