Africa’s Growth May Not Meet Poverty Targets, UN Says

Africa’s economy isn’t growing fast enough to meet targets to reduce poverty in the world’s poorest continent, the United Nations said.

Per-capita income will probably expand 2.7 percent in 2011 and 2.8 percent in 2012, lower than the 3 percent “minimum rate of growth to make a substantial dent in poverty,” the UN said in a statement released in Johannesburg today.