[Source: Business Daily, by Timothy Odinga]
An estimated 13 million Africans are expected to fall below the poverty line at the end of this year in the best case scenario with 50 million at the worst as a result of the Covid-19 pandemic, according to a World Bank research on the impact of the pandemic in the continent.
The region’s gross domestic product (GDP) per capita growth is now forecast at 3-5 per cent lower meaning the number of Africans living on less than $1.9 (Sh200) is likely to increase by 2 per centage points from the estimated 41.6 per cent at the end of 2018 to 43.9 per cent at the end of 2020…
