Africa Will Miss Its Millennium Goal of Halving Poverty

Africa Will Miss Its Millennium Goal of Halving Poverty

From Business Day Live.

Africa will miss its millennium development goal of halving poverty by 2015 and is also off track on reducing child mortality, improving maternal health and ensuring environmental stability.

But Africa is on track to achieve the targets of universal primary education, gender equality and combating HIV/AIDS, according to an assessment delivered on the final day of the African Union summit in Addis Ababa, Ethiopia.

Millennium development goals are eight international development goals established at the Millennium Summit of the United Nations in 2000.

Fifteen of the 20 developing countries that have made the greatest progress on the goals are from Africa, including Benin, Egypt, Ethiopia, Gambia, Malawi and Rwanda, according to an article in Business Day Live.

The assessment of Africa’s progress in achieving those goals was compiled by the African Union Commission, the U.N. Economic Commission for Africa, the U.N. Development Program and the African Development Bank.

The report cited statistics for Africa’s robust economic growth, but pointed out that so far, growth had failed to sufficiently address poverty reduction, unemployment, increased income inequalities and, in some countries, deteriorating levels of health and education.

The reporting entities recommended that African governments expand agricultural productivity, promote value-added activities, invest in infrastructure and pursue inclusive growth strategies.

Read more at Business Day Live.