The World Bank Group’s mission is to free the world from poverty.In 2011 17 percent of the population in developing nations lived at or even below $1.25 a day. Some progress has been made, but 2.2 billion people still live on less than $2 a day. Education for all global report found that for every additional year of schooling the annual GDP increases by 0.37 percent. Unesco also found that one extra year of schooling can have a positive impact on an individual earning by 10 percent. Not only does education help promote gender equality, it reduces poverty and fosters peace. Many reports suggest that an education can help …show more content…
HIV epidemic causes low life expectancy. This could heavily affect households, e.g., if the breadwinner of the family falls sick, it will stop income coming into the family. Furthermore, other family member might stop working in order to care for the patient. In most cases, children get removed from school to work and help with care. This again profoundly impacts on Africa’s economy. Health sector suffers a lot due to lack of funds and resources. Education has heavily been affected by the epidemic. Many children lose their parents and therefore cannot afford to continue with