Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19 pandemic, African Development Bank says in updated forecast

Simon Ateba( Chief White House Correspondent )

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed into extreme poverty as the economy shrinks amid COVID-19 pandemic, with West and Central Africa likely to be worst hit regions on the continent. The bank also projected that Africa could lose between $145.5 billion and $189.7 billion of GDP in 2020.