Audio By Carbonatix
Rwanda's President Paul Kagame has warned that it could take “a generation or more” for Africa to recover from the shock of the Covid-19 pandemic.
He told the UK Financial Times that the continent would need at least $100bn (£80bn) in foreign support.
The World Bank has already warned that Africa will slip into recession, its first in 25 years, as global trade shrinks and commodity prices continue to fall.
Mr Kagame said he was confident progress could be made following what he called “good engagement” from “partners such as France, Germany, China and the US”.
Nations belonging to the G20 group of leading economies last week agreed to suspend debt payments owed to them by some of the world's poorest countries, including many in Africa.
Africa has confirmed more than 21,000 Covid-19 cases so far. Last week the World Health Organization warned the continent could become the next epicentre of the coronavirus outbreak.
UN officials say it is likely the pandemic will kill at least 300,000 people in Africa and push nearly 30 million into poverty.
Latest Stories
-
UK to stop study visas from four countries due to surge in visa abuse
29 seconds -
Highlife must be promoted, not sidelined for foreign sounds — Mark Okraku-Mantey
1 minute -
Cocoa farmers yet to receive GH₵855m released by government — Minority
6 minutes -
Galamsey destroys nearly 9,000 hectares of Ghana’s forest reserves — Forestry Commission
8 minutes -
Joy FM’s 8th Showbiz Roundtable to spotlight 100 years of highlife
11 minutes -
Universities urged to focus on practical courses to help reduce unemployment
16 minutes -
NADMO steps up flood prevention with major drain inspections
22 minutes -
AMA sets March 7 for National Sanitation Day exercise
41 minutes -
‘Nation building demands resilient and responsive procurement systems’, says Haruna Iddrisu
50 minutes -
PRESEC launches $150,000 Agri-Resource Centre to modernise agricultural education
51 minutes -
Hiplife pioneer Nana King set to release 4EVR Champion Vol. 1 on March 6
53 minutes -
AngloGold Ashanti begins construction of 400-bed girls’ dormitory at T. I. Ahmadiyya SHS in Fomena
57 minutes -
Afenyo-Markin didn’t admit to lying in apology to Muntaka — Solomon Owusu
1 hour -
US sub sinks Iranian warship in Indian Ocean, Hegseth says
1 hour -
Ghana Armed Forces and Agri-Impact partner to deepen food security
1 hour