Africans did not benefit much from Africa’s economic boom in the last decade
- RCS Ottawa
- Jul 7, 2016
- 1 min read
MORE MONEY MORE PROBLEMS Over the course of the last decade, Africa has witnessed immense economic growth with peak commodity prices and high investment and interest from powerhouse nations such as China.
But Africa’s boom has not trickled down and translated into prosperity for a majority of Africans as the 2016 Africa Prosperity Report by the Legatum Institute finds that countries on the continent have had mixed success turning economic growth to prosperity delivered to citizens.
The report measures prosperity delivery by parameters such as health, economy, entrepreneurship, personal freedom, education, governance, social capital as well as safety and security. Learn more