Money Moves January 15, 2020 at 01:00 pm

A few billionaires and millions of hungry people: These are Africa’s seven most unequal nations

Nii Ntreh January 15, 2020 at 01:00 pm

January 15, 2020 at 01:00 pm | Money Moves

Image result for poverty in madagascar
Madagascar is one of the world’s poorest countries. Photo Credit: World Bank Group

Madagascar

In spite of its rich natural resources, Madagascar is one of the world’s poorest countries. But the economy has grown in the last few years owing to investments in finance and export.

Whatever little has come for the people has not been distributed evenly. About 10% of the country is responsible for 50% of pre-tax income, while 75% of the population live on less than $2 a day.

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