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Kenya is a lower middle income economy, with Kenya's GDP hitting $150 billion as of 2024. This is due to increasing technology innovation services. Although Kenya's economy is the largest and most developed in eastern and Central Africa, 63% (2023/2024) of its population lives below the international poverty line. [1]
The international poverty rate used by the World Bank is used in the following list. The estimates can therefore differ from other estimates, like the national poverty rate. Poverty is a significant problem in Kenya. According to estimates by Oxfam, the richest 0.1 percent in Kenya own more wealth than the bottom 99.9%. [1]
According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
Jacob Kushner and Anthony Langat are Kenya-based reporters for the GroundTruth Project, a non-profit global news service headquartered in the U.S. Sasha Chavkin is a reporter and Michael Hudson is a senior editor at the International Consortium of Investigative Journalists. Produced by Hilary Fung and Shane Shifflett.
The Rural Entrepreneur Access Project (REAP) is BOMA's two-year poverty graduation program, which uses a similar approach to a graduation model performed in six countries [4] that was mostly considered by the New York Times as “enormously successful.” [5] This program is implemented in the Marsabit and Samburu counties of Northern Kenya where the poverty rate was 71% in 2016 (25.8% higher ...
Kibera is the largest slum in Nairobi, Kenya.. Poverty in Africa is the lack of provision to satisfy the basic human needs of certain people in Africa.African nations typically fall toward the bottom of any list measuring small size economic activity, such as income per capita or GDP per capita, despite a wealth of natural resources.
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"They don't know the poverty we suffer. You have to struggle day and night just to survive," she said. With four children depending on her, Ms Mwangi works six days a week, earning about $1.40 a day.