Not only could coronavirus "cause thousands of deaths" in Africa, but it has the potential to "unleash economic and social devastation", according to the head of the World Health Organization for the continent, Matshido Moeti.
Her words are a reminder that the pandemic is not only a health emergency.
A year ago, the World Bank's Africa Pulse report was forecasting sub-Saharan economies to grow in 2019 and 2020 by around 2.8%.
A fragile rate, disguising some more promising news, but now the bank forecasts that the region will fall into its first recession in 25 years, with the overall economy shrinking by somewhere between 2.1% and 5.1%, because of the impact of the spread of Covid-19.
The World Bank says the effects of Covid-19 on the continent can essentially be broken down into three areas:
Trade disruption and falling commodity exports
Reductions in the amount of investment and other money coming from abroad
The day-to-day economic problems caused by lockdowns and other restrictions.
Commodity prices have weakened considerably.
The price of oil, although it has recovered slightly, is far below what it needs to be to help Nigeria's government to budget properly, or to pull Angola out of recession.
A year ago the price of copper was just under $3 (£2.40) a pound. Now it is hovering around the $2.20 mark.
Copper prices have been on a downward slope for nearly a decade. But in the last month, coronavirus has pushed them off a cliff. That is extremely bad news for exporters such as Zambia.
Until very recently, palladium and platinum were the darlings of the mining industries in South Africa and Zimbabwe, because of their use in catalytic converters in vehicles. But when coronavirus fears closed car plants across the world, the prices of the metals halved in a matter of days.
Foreign direct investment (FDI) has slowed to a trickle.
In 2018, according to the UN's trade and development body, Unctad, FDI into the continent was on the rise and looking good. But now, Unctad says that as a result of coronavirus, investment could fall by as much as 15%.

Source= BBC news

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