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Newscast - Africa
1 minAPR 16
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International Monetary Fund Says Covid Pushing 30 Million Africans Into Poverty


The International Monetary Fund has warned that more than 30 million people in sub-Saharan Africa are being pushed into poverty by the economic impact of the coronavirus pandemic.
The IMF estimates that some African countries - aiming to vaccinate 60% of their populations - will need to increase their health spending by 50%.
The lockdowns have hurt businesses - from market-stall holders to tourist resorts and multinationals.
Having a young population seems to have helped protect the continent from the coronavirus.
The IMF estimates that they will recover this year with a growth spurt of 3.4%, although all other regions in the world are expected to experience greater economic growth.