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The four richest Africans are wealthier than about half of the continent's 750 million people, anti-poverty charity Oxfam ...
Oxfam has said African countries like Malawi face the risk of long-term social and economic reversal due to an escalating ...
Africa's wealth disparity has reached unprecedented levels, with just four billionaires now holding more wealth than 750 million people combined - half the continent's population. According to a ...
The study found that the richest eight people on the planet have net wealth of $426 billion — equivalent to what's held by the bottom half of the world's population.
That amount is “more than enough to eliminate annual poverty 22 times over,” according to a new analysis from the ...
“People are starving to death, and this is a fact that we are witnessing and experiencing nowadays,” says Oxfam’s food security coordinator in Gaza, Mahmoud Alsaqqa. More than 10 weeks after ...
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.
What People Are Saying Amitabh Behar, executive director of Oxfam International said "What you're seeing at the moment is a billionaire president taking oaths today, backed by the richest man.
In response to Spain, Brazil and South Africa’s new global coalition to tax the super-rich, launched today at the Fourth Financing for Development Conference in Seville, Oxfam Tax Justice Policy Lead ...
OxFam's research adds weight to a warning by outgoing President Biden last week of a "dangerous concentration of power in the hands of very few ultra-wealthy people." ...
Meanwhile, Oxfam cited a recent World Bank report, which found that the number of people living below the poverty threshold of $6.85 per person per day has "has barely changed" since 1990 due to ...
Oxfam argued that government policies are skewed against the poor and provide leeway for the continent's super-rich to amass ...