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4 rich Africans reportedly wealthier than half the continent

155d ago
World
Deutsche Welle
4 rich Africans reportedly wealthier than half the continent
Oxfam, the anti-poverty charity, has released a report highlighting the growing wealth inequality in Africa. The report states that the four wealthiest individuals on the continent possess more wealth than the bottom half of the population combined. Oxfam warns that this extreme disparity is undermining democratic processes and hindering efforts to alleviate poverty. The organization calls for policy changes, including progressive taxation and increased investment in public services, to address the widening gap between the rich and poor and promote more equitable development across Africa.
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