Africa must tackle poverty to share benefits of strong growth, says IMF

IMF Managing Director Christine Lagarde says Africa still has big infrastructure gaps, which represent huge costs to businesses and people.

Maputo, Mozambique: Africa is “taking off” with strong, steady growth but poverty is unacceptably high, head of International Monetary Fund (IMF) Christine Lagarde has warned.

Given the scenario, she said governments should build infrastructure and institutions and educate people to share the benefits more widely.