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ISSN : ISSN: 1998-4936 (Print) ISSN: 2075-6534 (Online)
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The continent of Africa continues to be at the throes of crises of great proportions. It is the most-conflict ridden continent in the world. Latest statistics show that within a spate of ten years (2005-2014), the continent of Africa recorded 187 disputes, 196 non-violent crises, 358 violent crises, 87 limited wars, and 49 wars (Statistica, 2015). Indeed, since 2005, there has never been a crises-free year and the number has continued to increase over the years. Expectedly, the major impacts of the multiple security challenges are evident in the loss of a huge number of lives, displacements of millions of people and the destruction of inestimable number of properties and means of livelihood. Conflicts make the continent to be poorer and also constitute major cogs in the wheel of its progress (Hoeffler, 2008:6).
In the area of poverty reduction or alleviation, the continent has not fared better. An overwhelming majority of the populace continues to live in abject poverty and various intervention programmes have yet to achieve appreciable success. Over the past 30 years, the world has recorded a sharp decrease in the level of absolute poverty with rates declining from about 40% to 20%. For Africa, however, there has not been an appreciable drop with over 40% of Africans still living in absolute poverty (Our Africa, 2015).