Tuesday 9 May 2023

Emmanuel Katto | Poverty in Africa

 A country is marked as developed, developing and underdeveloped based on many factors. Country’s per capita income, GDP or NFIA (Net Factor Income from Abroad) and export and import are the crucial factors that actually measures this. Although Africa is very rich in natural resources and minerals such as gold, diamond and uranium etc. exist here.

Now the question arises despite having so much of resources why Africa is poor? The answer is due to corruption, lack of management system, people here do not have access to healthcare and of course education. These are some of the parameters of development which Africa lacks basically. Since Africa is exporting to UK, South Africa and many other countries as well but it is poor just because of above listed reasons.

Due to several reason said above large population of the countries are falling on below poverty line, the vast population of the country just live on $2 on daily basis. Talking about the poverty in Uganda even it is worse here. Only about 21.4% of the population is living below national poverty line. Several factors are common in Uganda as well like, limited access to education, corruption, political instability and lack of management etc. causing these nations to be poor.

Emmanuel Katto who is well-known entrepreneur and a business leader, his views also expressed positive thoughts and optimistic view in eradicating poverty from Uganda. He also expresses for the eradication of poverty from other counties of Africa as well. Emmanuel Katto is himself was and still working in order to create more business ideas in order to generate employment for the workforce in Uganda and other countries as well.

Despite all the concerns of poverty efforts are being made by the government of Uganda to address the poverty of the country along with some international non-profit organisations, working together in order to reduce poverty and to promote sustainable development across the country.

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