Monthly Archives: May 2019

Median level of wealth inequality

The ranking by median wealth per adult favors countries or regions with lower levels of wealth inequality. Median bwealth values reflect the circumstances of the average adult and, within countries or regions, as a trend give a good indication of how the average person has fared over time. Although the countries with the highest median […]

Does poverty exist in Africa surrounded with much natural resources

Africa is the second-largest and second most populous continent on earth with an estimated population in 2016 of 1.2 billion people. Africa is the home to 54 recognized sovereign states and countries, 9 territories and 2 de facto independent states with very little recognition. The UN Population Fund stated in 2009 that the population of […]

Wealthy cancelled out debt

China has cancelled all interest-free loans it had advanced to Ethiopia as at the end of year 2018, the Prime Minister Abiy Ahmed’s office confirmed on Wednesday. Analysts estimate that since 2000 Ethiopia has borrowed over $12bn from China – including funding for the Addis Ababa – Djibouti electric railway line linking the country with […]