Ethiopian Business Review

The mission of the United Nations to end extreme poverty is unlikely to be met, largely due to the growth in food insecurity in developing countries, according to the World Poverty Clock, a data lab created by a Vienna-based NGO last year. Based on targets set by the UN almost twenty years ago, about 83 million people should have been lifted out of poverty by now. 

Published in Statistics
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Airhelp, a company known for providing legal services to airline passengers who have experienced flight cancellations, delays or overbooking, ranked airlines all over the world in terms of quality of service, on-time arrival performance and claims processing. While the highest scorer in the world was Qatar Airways, South African Airways was the leading airline in Africa. On the other hand, of the 13 lowest scoring carriers on AirHelp’s ranking, six were European, including Easy Jet, Iberia Spain and Wowair.

Published in Statistics
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Budget deficits remain a big worry for governments in the sub-Saharan Africa region. They have continued to widen, reaching a regional average of -5.6Pct of the gross domestic product (GDP) in the past year from -4.5Pct in 2016. Such developments have been attributed to the growth in disparity between government revenue and expenditure. Even the implementation of the budget cut policies by a few countries did not halt the pressure on revenues that failed to be balanced by expenditure cuts. In fact, soaring fiscal gaps have been the major contributor to rising debt levels in sub-Saharan Africa.

Published in Statistics
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