Private sector development for poverty allevation in Africa : a review on selected countries

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Peer-Reviewed Research
  • SDG 1
  • Abstract:

    Abstract: In September 2015, African Governments, along with other, international governments, agreed on the necessity of working towards a number of initiatives called the “sustainable development goals” that aim to alleviate poverty in its various forms in the coming years. They agreed to end poverty, protect the planet and ensure prosperity for all as part of a new sustainable development agenda. It was further agreed that each goal would be achieved over the next 15 years. The primary goal of this initiative is to end poverty. According to the United Nations study, 836 million people still live in extreme poverty and at least one of five persons in developing countries lives on less than 1.25 US dollars per day. Further, the United Nations reported that high rates of poverty are found mainly in small, fragile and conflict-affected countries.