African countries appeal for $100 billion to stave off pandemic recession

A woman spreads fish on the ground before processing it on Bargny beach, some 35 kilometers east of Dakar, Senegal, Wednesday April 21, 2021.

Eleven African heads of state have called this week for $100 billion in hardship funding to help the economies of their countries out of the economic crisis caused by the Covid-19 pandemic.While most African nations haven't reached the peaks of fatalities and infection seen in other parts of the world, there are concerns that a third wave of the coronavirus could get worse, with faster-spreading variants driving infections.

The presidents of Guinea, Senegal, Burkina Faso, Benin, Mauritania, Mozambique, Niger, Togo, Liberia and Madagascar also signed the appeal.The continent has seen a surge of infections in the last month, with one million new cases recorded, bringing the total since the start of the pandemic to 6 million and more than 153,000 deaths.

Africa recorded a 43 percent jump in Covid-19 deaths last week. The World Health Organization warned that as hospital admissions rise, countries face shortages of oxygen and intensive-care beds. So far, only 18 million people in Africa, a continent of 1.3 billion, have been fully vaccinated against Covid-19, deepening fears of a protracted economic slowdown as much of the world re-opens.

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