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IPFS News Link • Africa: On the Map

"All The Jobs Are Gone"

• https://www.zerohedge.com by Tyler Durden

The COVID-19 pandemic and lockdowns across the African continent could trigger an economic collapse, according to one United Nations (UN) official, who spoke with Associated Press (AP). 

Ahunna Eziakonwa, the UN Development Program regional director for Africa, warned that the pandemic would likely result in job losses for millions of people, many of whom are already low-income, have no savings, and have no access to proper healthcare. 

"We've been through a lot on the continent. Ebola, yes, African governments took a hit, but we have not seen anything like this before," Eziakonwa said. "The African labor market is driven by imports and exports and with the lockdown everywhere in the world, it means basically that the economy is frozen in place. And with that, of course, all the jobs are gone."


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