Browsing: World Bank. COVID-19 Funding

The globe is at a stand-still position and Africa is hurting and expected to also sustain serious repercussions from the novel coronavirus (COVID-19) pandemic, which has already claimed nearly 2,000 lives, infected over 60,000 people and around 21,000 managed to recover According to the latest data by the John Hopkins University and Africa Center for Disease Control on COVID-19 in Africa.

The pandemic has brought rather crucial ideas from South Africa’s President and African Union chairperson Cyril Ramaphosa on Africa requesting a two-year debt standstill to provide governments with the fiscal space to fight the coronavirus pandemic.

As the world strives to attain a balance between staying safe and breathing life back to the economy, Africa is taking the entire perspective of the pandemic on its axis, while other nations move around several measures, some African nations have managed to somewhat contain the virus to a certain extent.