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26 Mar 2012 description

Overcoming extreme poverty remains at the top of the development agenda in Africa and this commitment is paying off but at a slower pace. Recent evidence indicates that poverty in Africa and in all the regions of the world declined over the period 2005-2010. In Africa, the proportion of people living below the poverty line decreased to 40% in 2008 from 47% in 1990, making it the first ever reversal of the long term poverty trend (see Figure 1). However, there are disparities in the rate of decline between Africa and other regions.