Africa bracing for ‘complete collapse of economies’ as coronavirus takes its toll
(Worthy News) – African leaders are warning of an economic collapse if financial assistance isn’t provided to the millions of people out of work because of the novel coronavirus.
More than half of Africa’s 54 countries have imposed lockdowns, curfews, travel bans or other measures in a bid to prevent local transmission of the virus.
With some governments saying they’re unable to offer direct support, the fate of Africa’s large informal sector could be a powerful example of what experts predict will be unprecedented damage to economies in the developing world. [ Source: Fox News (Read More…) ]
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