Abstract: This study examines the effect of income inequality and energy consumption on economic growth in Africa. The study relies on a descriptive analytical approach to analyze data from selected African countries during the year 2020. The dependent variable (Y) measures economic growth as a percentage change in real GDP per capita annually. Explanatory variables include the Gini coefficient, human capital, investment, trade openness, energy consumption and political stability. The results indicate a statistically significant inverse relationship between income inequality (measured by the Gini coefficient) and growth. This shows the negative side of economic development due to income inequality. Contrary to theoretical concepts, human capital has a negative effect on growth. The result is due to poor education and a mismatch between academic performance and labor market demands. Ultimately, this is quite the opposite of what economic theory predicts. The impact of investment on growth appears to be negative. Trade imbalances may explain the negative correlation between opening trade and statistical growth. External shocks and unfair competition provide support for the foundation. The data reveal an intricate relationship between income inequality, policy factors, and economic progress in Africa.

Keywords: Income inequality, Economic growth, Poverty, Energy Consumption, Human Capital, Polital Stability

Pages: 512-520