Remittances expected to plunge by about 20 percent globally this year, the biggest decline in recent history, as closures cause a global recession and job losses that prevent workers from sending money to their families back home, World Bank says.
The International Monetary Fund says that beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, and Africa would get its share too.
Even though the situation appears to be under control, there are fears of a rapid coronavirus spread in Africa where most hospitals are short of equipment and trained staff.
Emerging as a result of global coronavirus outbreak, social distancing measures, border closures and lack of resources affect the distribution of humanitarian aid in African countries in which 76 million people need aid to survive.
The continent's economy could shrink up to 1.1 percent this year, trade could fall 35 percent from 2019 levels, and oil producers, tourist destinations will be hit hard, a study by African Union says.
Virus prevention measures have taken a violent turn in parts of Africa as countries impose lockdowns and curfews or seal off major cities. Cases across Africa were set to jump above 4,000 on Saturday.
At least 40 of Africa's 54 countries are now affected by the coronavirus pandemic.
While the elderly and those with pre-existing medical conditions are the hardest hit by the virus, World Health Organization chief Tedros Adhanom Ghebreyesus warned that young people were also vulnerable.
The Kremlin is positioning itself as indispensable to Sudan while it bids to increase its sway over Africa and Muslim countries.
The Wagner Group is Putin's most potent weapon in advancing Russian policy objectives while maintaining plausible deniability.
According to a report by a French NGO, far-right terrorism has increased 320 percent in recent years and 80 percent of terror victims are Muslim.
Northern Mali's population is fast dwindling as people flee desertification, drought and armed conflict only to end up in places where they face increased competition for resources.
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