Africa still requires robust growth to lift millions out of poverty: report – Xinhua

ADDIS ABABA, Oct. 27 (Xinhua) — Despite the rapid growth of African economies over the last two decades, it will take a longer period of continued and robust comprehensive growth to pull large segment of the population out of vulnerability, new report revealed.

The 2017-2018 Annual Trends and Outlook Report (ATOR), which was published as part of a continental conference that was held at the headquarters of the African Union (AU) in Ethiopia’s capital Addis Ababa from Oct. 24 to 26, also indicated that “despite falling poverty rates in Africa, the absolute number of poor and vulnerable is still high.”

The report stressed that due to the broad deterioration of livelihoods in Africa over the years, longer period of continued growth is necessary to diminish vulnerability among larger portion of…

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