Saint Helena News Express

Latest Saint Halena News Online

Governance

AfDB laments drop of Africa’s GDP by $165b in 2020

Published by
TDPel Media

A $165 billion drop in Africa’s Gross Domestic Product (GDP) pushed 26 million people into poverty in 2020, African Development Bank (AfDP) President Dr. Akinwunmi Adesina has said. The AfDB chief said the dwindling economic fortunes on the continent pushed 30 million people into unemployment within the period. Dr. Adesina spoke at the 35th Ordinary Session of the Assembly of the African Union (AU) in Addis Ababa, the Ethiopian capital. Applauded by African leaders for effectively steering the continent safely from the harsh impacts of the COVID-19 pandemic, Adesina cautioned against outsourci…

Read More