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European and African leaders call for a New Deal for Africa
The global economy could lose one of its future drivers of growth as the pandemic halts a quarter-century of steady economic growth on the continent
Emmanuel Macron, Paul Kagame, Cyril Ramaphosa and Macky Sall
29 May 2021
Although Africa has suffered fewer Covid-19 cases and deaths than other areas of the world, the pandemic’s impact on the continent could be more sustained, deep-rooted, and destabilizing for the entire planet. In one year, the pandemic has halted a quarter-century of steady economic growth, disrupted value chains, and caused an unprecedented increase in inequality and poverty.
