Economic Difference in Classes in Africa

Classes

The Economic different in classes African countries are mainly divided into two major groups the "Rich and Poor".

Rich

The rich class in African countries are just 2% of the population and they control 98% of the wealth in their respective economies . The rich hug the wealth of their nation between themselves through corruption and political power. For example the Ex.President of Nigeria Sani Abacha Amassed a Wealth of 3Trillion Niara (£20 billion pounds) through loot the countries funds.

Poor

The majority of the masses in African countries live in total poverty and many earn a maximum of One pound a hour at work

Nevertheless, some of the population are average classed whom can afford the basic amenities and a little more for their family this is a minimum average .

The Gap between the rich and the poor in most African countries is so larger that progress in the growth of the economy and living standards cannot reach a equilibrium .A change has to take place for the good of the continent and it people.

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