- The World Bank has raised concerns about the decision of several Africans to adopt the use of lockdowns to fight the coronavirus
- According to the World Bank, the method works best in advanced countries that have developed systems to cater for the informal sector
- It added that informal jobs account for 89.2% of employment in sub-Saharan Africa and is there the main form of work
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The World Bank has cautioned African countries against measures such as lockdowns adopted to curb the spread of the coronavirus.
It argued that such measures may work well in advanced countries but may come with challenges in Africa.
For that reason, it went on, it is necessary for African governments to designs systems that would suit prevailing conditions.
A report by thebftonline.com shows that the strategy has backfired in some African countries because most of the workforce is in the informal sector.
This then leads to a challenge because they need to go out and work on a daily basis in order to survive.
For that reason, the World Bank stated that such models in Africa may lead to untold hardships on people and businesses.
Information available shows that informal jobs are the main source of work in sub-Saharan Africa and accounts for 89.2% of employment.
Aside from agriculture, informal employment accounts for 76.8% of total employment, YEN.com.gh has learned.
Meanwhile, the World Bank has taken steps to approve a package to help some countries recover from the effects of the coronavirus.
The countries to benefit from the initial package include Ethiopia and Afghanistan, the president of the bank, David Malpass, revealed on Sunday, March 22, 2020.
He indicated that projects in the two countries were the most advanced and 14 other countries would also be considered for funding.
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