The poverty situation in sub-Saharan Africa continues to be a major concern to the world due to the increasing rate of population. The study investigates the impact of institutional investments on poverty reduction in sub-Saharan Africa using panel data from 2000-2018. The study employed fixed effect and quantile regression models to investigate the relationship between institutional investment and poverty reduction. The results revealed that investment in education contributes significantly to the fight against poverty in the sub- region as compared to health investment. Also, investment in the energy sector also contributes significantly to the fight against poverty in the sub-re- gion, however, the security investment has no significant effect on poverty reduction. The results from the quintile regression confirm the earlier results. In conclusion, the study discovered that investing in infrastructure, health, energy, technology, sanitation, and water supply, and education sectors in the sub-region has a consequential effect on poverty reduction in the sub-region.
Cite this paper
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