Covid-19 Could Force 23 Million Africans into Poverty, World Bank Reveals

The World Bank has revealed that 23 million sub-saharan Africans could become poor as a result of the outbreak of covid-19.

The prediction could mean the affected population may live on less than US$1.90 (GHc11.20p) per day in 2020.

Countries such as Nigeria, the Democratic Republic of Congo and South Africa are likely to witness an increased number of poor people. Per a report, the number of people to be affected in the three countries are 5 million, 2 million and 1 million respectively.

Across the sub-Saharan region, overall poverty is likely to rise given that low-income workers are more likely to lose their jobs as a result of COVID-19.

According to Fitch Solutions, rising unemployment and higher food prices are driven by the pandemic will feed into other drivers of protests, such as high youth unemployment and corruption.

Fitch added that while the pandemic has temporarily placed a lid on these tensions, they are likely to re-emerge and intensify once lockdown measures are lifted.




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