CAADP FARM& FOOD ENGLISH NEW CORRECTED - The National Association of Nigerian Traders NANTS

Africa has been identified as the current second fastest growing region in the world with GDP growth rate of 5.2% (3.9% pre-CAADP) and per capita GDP 1 growth of 2.3% (1.3% pre-CAADP).

This implies that overall GDP almost doubled and per capita GDP rose by around 35%.This recorded growth may not have translated to moving people out of poverty as there is hardly any change in the percentage of people living in absolute poverty pre-CAADP and now.It is on record that over 40% of people living in sub-Saharan Africa 2 today still live in absolute poverty.