Lorenz curve and Gini coefficient: Does Africa value it?

The Lorenz curve has come to be a very important analytic tool since its creation by Ma Otto Lorenz in 1905. This tool was specially designed to show the distribution of income in a country graphically or better still let us know "how many earns how much". Been able to do this every country becomes a case study and calculating their Gini coefficient has become important.

Gini coefficient ranges from 1 to 100 with 1 as perfectly equal distribution (every one earning the same) to 100 as perfectly unequal distribution (one person earning all). I bet that every African would want to know where its country stands. For further information Check your country's ranking.

Cheers