Africa: Africa 'not badly hit' despite 16 million poor

Former United Nations secretary general Kofi Annan believes that Africa has not been affected as "profoundly" by the global economic crisis compared to other regions in the world - despite the number of Africans living in poverty having increased by 16 million in the last year and annual growth dropping from six to one percent. The 2009 annual report of the African Progress Panel (APP), headed by Annan, was launched yesterday on the first day of the 19th World Economic Forum (WEF) on Africa meeting currently underway in the South African coastal city of Cape Town.