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African leaders must build a new more 'human economy' to tackle inequality and poverty, said Oxfam today ahead of the World Economic Forum (WEF) on Africa. The meeting, which takes place in Durban from 3 – 5 May, will bring political and business leaders together from across the continent to discuss how to achieve inclusive growth. New data on top incomes from the Brookings Institute reveals that levels of inequality in many African countries are far higher than previously thought. Seven of the 20 most unequal countries in the world are African: Swaziland is the world’s most unequal…

Billionaire fortunes have risen six times faster than the wages of ordinary workers since 2010. Our failing economies are enriching a wealth minority while millions of ordinary workers are struggling to survive on poverty pay.

Responding to the release of the World Inequality Report today, which reveals that income inequality is rising in many countries but at very different speeds, Max Lawson, Head of Policy for Oxfam’s Even It Up Campaign said:“Extreme inequality harms us: our societies, our economies and our politics. Yet the World Inequality Report shows inequality is not inevitable – it is the product of government action and inaction. “Oxfam research reveals that three quarters of governments are doing less than half of what they could to tackle inequality.  This must change. Extreme…

Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.

G20 countries spend far more subsidizing the coal and oil industry than developed countries provide in adaptation finance to poor and vulnerable countries.

A world where more new billionaires have been created in a year than ever before shows signs of economic sickness rather than health.

The World Bank continues to steadily increase support for privatized education in lower-income countries despite mounting evidence that this approach is freezing out poorer children ―especially girls― and doesn’t mprove education quality. Oxfam’s new report "False Promises" says the Bank should immediately stop promoting Public Private Partnerships (PPPs) that expand private education.

More than 200 million people will be trapped unnecessarily in extreme poverty - despite world leaders’ pledge to end it - unless action to tackle economic inequality is accelerated. 

Oxfam applauded donor countries for stepping up their financial pledges, the new countries contributing for the first time, and developing countries that promised to invest even more into their own education systems.

The combined wealth of Nigeria’s five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today.