Johannesburg - About 20 million jobs are at risk in Africa as the continent's economies are projected to shrink this year due to the impact of the coronavirus pandemic, according an African Union study.
Before the onset of the pandemic, continent-wide gross domestic product growth had been projected by the African Development Bank to reach 3.4% this year. African governments could lose up to 20 to 30% of their fiscal revenue, estimated at 500 billion in 2019, it found. Sub-Saharan Africa's biggest oil producers Nigeria and Angola alone could lose $65 billion in income. African oil exporters are expected to see their budget deficits double this year while their economies shrink 3% on average.Africa has in recent years been among the fastest growing regions in the world for tourism. But with borders now closed to prevent the disease's spread and entire airlines grounded, the sector has been almost entirely shut down.
Lord please stretch you hand on Africa. It’s not over until you say it’s over. 🙏🏾
Africa?why not the whole world because every country is in recession?
Moody's downgrade SA oddly USA offers Africa a vaccine via SA USA makes deal with SA, that Africa must take the vaccines And USA will reinvest in SA why ? He who controls SA controls Africa , because of the AU China or USA
As we are already lost our due to foreigners, so we no more care
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
French doctor apologises for suggesting COVID-19 treatment be tested in AfricaA French doctor apologised for suggesting a possible treatment for COVID-19 should be tested in Africa, after the remarks sparked an outcry on social media. French doctor apologises for suggesting COVID-19 treatment be tested in Africa The treatment should be done on animals, that's what he meant and now we should say no problem we love you? 🤔🤔Fool we hate you and your rubbish country, let the disease unleash it's full force snd wipe the sh!t outa your whole continent No need to apologise now since these ThumaMina African leaders find nothing wrong with it anyway... Apology or no apology, he is still a po$s! And so is anyone who was in support of that rubbish!
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »
'Africans are not guinea pigs' - Drogba slams scientists who suggested testing Covid-19 vaccine in AfricaTwo leading French doctors on Friday insisted they had been misunderstood after sparking a storm of criticism by discussing the idea of testing a vaccine for coronavirus in Africa on television. They should go experiment where this all started, money talks don't appy here, these are people too and last time i checked the outbreak didn't occur in africa (1st)
Source: TimesLIVE - 🏆 28. / 59 Read more »
COVID-19 LIVE UPDATES | Drogba slams scientists who want Covid-19 vaccine tested in AfricaTwo leading French doctors insisted they had been misunderstood after sparking a storm of criticism by discussing the idea of testing a vaccine for coronavirus in Africa. Tell him ukuthi Msunu kanyoko Why don't they test it in Italy, the epicentre of the outbreak in Europe? That would make more sense and we would know quicker if their vaccine work? All I’m saying is to all Africans say no to any vaccine offered kuwe 🤞🏽🤞🏽🤞🏽
Source: TimesLIVE - 🏆 28. / 59 Read more »
Drogba joins row after French scientists suggest testing virus vaccine in AfricaTwo leading French doctors on Friday insisted they had been misunderstood after sparking a storm of criticism by discussing the idea of testing a vaccine for coronavirus in Africa on television. Soccer starts are voicing out, our leaders are quiet. What a sad state of affairs. Don't allow this people test this shit in African people hey hey Thats bullshit test it where it came from
Source: SowetanLIVE - 🏆 13. / 63 Read more »