Poverty rate in Africa is pretty much. According to a report, in 2021, there are 490 million people in the continent still living in extreme poverty. This is 36% of the total population. This number is up from 481 million in 2019.
This is so heartbreaking, considering that the continent is blessed with abundance of resources. Talk about crude oil, fertile soil for agriculture, gold, diamond, fresh water, and so on. But she has been bedeviled by corruption, insecurity, weak systems and structures, and so on.
Now, I'm always grateful for technology and innovation - which has been utilized (and still being utilized) to ensure transformational impacts and changes. Leo-Finance (and all of the Hive platforms) are actually innovative stuff that can be utilized to effect change in large territories.
Let's see how Leo-Finance can be used to alleviate poverty in Africa.
A. Inviting More Africans To Join The Platform To Earn And Invest Money
Actually, one of the reasons there is so much poverty in Africa is because of lack of jobs and opportunities. Nevertheless, since this platform is one that can be utilized by anyone (irrespective of where you are in the world) to make money, we can bring more Africans on board.
As they make more money simply by sharing value here (by writing stuff or curating), they can invest their earnings on this platform, and it will keep moving.
Now, how can we get more Africans here? We can utilize social media of course, particularly those hubs they enjoy visiting.
B. Encouraging Africans Earning Money Here To Empower Their People
There are few folks from Africa already earning nicely on this platform. If you are one of them, I want to recommend that you have a noble intention of using part of your earnings to empower others in your society.
This is not quite complicated, and you don't even need to have too much resources before starting. You can simply set up a commercial establishment where you employ one or two persons for a start (aside from you earning more money, by paying them salary, you have helped pulled them from fatal poverty too).
You can set up an NGO or something like that, catering for helpless people around you. It's cool and fulfilling
C. Inviting More Africans To Join Leo finance So They Can Learn More About Money And Business
A lot of people on this platform do publish articles that talks about money and business and investment. Since these are things which are not easily available in the educational system of many African countries, thyry can always come here to learn things like, how money works, how to utilize technology to make more money, how to save, how to invest appropriately, and so on.
What many people lack is innovative education, and reading stuff on Leo-Finance can be really helpful.
Thanks for reading this article. Let's support more helpless people.