The World Bank has warned that extreme poverty may not be eradicated by 2030 if the current trends continue.
In a YouTube video posted on its website, the bank said new ways of measuring poverty needed to be introduced.
It said while in some countries, the Internet, a car or cellphone may be necessary in addition to food and clothing, in other countries, these items may not be a necessity.
Understanding proverty for every specific place and household may require new ways of looking at data, the apex bank said.
I was born in a small village in Cameroon, groomed in Nigeria’s most populous city of Lagos, and moved to Washington D.C. to practice journalism at a global level. From here in the American capital, I ask big questions to leaders around the world, and focus on business, investment and politics in Africa. Back in Africa while doing my job, I was kidnapped, dumped in the woods and left for dead but survived, only to be attacked at gunpoint by sea pirates, arrested by security forces and falsely accused of being a spy for terrorists. As the publisher of TODAY NEWS AFRICA, I do not have the budget of Fox News, CNN or Amazon. I raise money through donations on patreon.com/todaynewsafrica.