Covid-19 Pushing Africans Into Poverty En Masse – Geopoll

KEY POINTS
The poll, which was conducted from March 24th to April 12th, found two-thirds of respondents, at 66 percent, reporting that their income had fallen since January 2021, with 42 percent saying it had fallen by a lot.
Covid-19 is pushing SubSaharan Africa’s leading economies back into poverty, according to the results of GeoPoll’s six-nation survey on the financial and social impact of the pandemic across the continent.
People in South Africa, Nigeria, Ivory Coast, Democratic Republic of Congo, Mozambique, and Kenya have reported rising unemployment, further falls in incomes, drastic cuts in spending on essential and non-essential items, and mounting concern over meeting bills in the three months ahead.
“The picture that emerges is of a further sharp deterioration in the financial position of many individual Africans in the first quarter of 2021,” said Scott Lansell, GeoPoll’s VP – International Development.
The poll, which was conducted from March 24th to April 12th, found two-thirds of respondents, at 66 percent, reporting that their income had fallen since January 2021, with 42 percent saying it had fallen by a lot.
This follows from large percentages of reported falls in the three months to end-July 2020 and November 2020. “The picture is now one of considerable progressive deterioration,” said Mr. Lansell.
Across the six nations, the most widespread Q1 income falls were reported in Kenya, which was entering a new lockdown at the time of the survey on a third-wave surge in Covid-19 infections.
The lockdown proved quickly effective in reducing infections and was lifted on May 1st, but the financial impact looks set to be far-reaching, with 79 percent of Kenyan respondents reporting falling incomes in the three months to end-March 2021.
The survey also found the hardest hit were youth, with 66 percent of the 18-25 year-olds surveyed in Kenya reporting they had suffered sharp drops in their income during the first quarter of 2021.
As a result of the new income cuts, reported across every nation, concerns have escalated about meeting everyday expenses, with 53 percent of all respondents saying they were now extremely concerned about paying their expenses in the next three months.
For most, as they also reported declining spending on essential items and on non-essential items, the biggest squeeze on their spending was due to reduced earnings, but, in Nigeria, over 90 percent of respondents said it was due to rising prices, as they face escalating inflation too.
The third wave of the pandemic has also pushed back hopes on when life might return to normal, with 24 percent of respondents now believing they will only return to pre-Covid routines during 2022 and 2023. In South Africa, which has suffered the most confirmed Covid cases in Africa, a third, at 33 percent, believe they won’t see things creeping back to normality until next year at the earliest.
Yet, across all the countries surveyed, greater numbers were reporting that they felt inadequately informed about vaccinations and there was a sharp drop, compared with the November 2020 survey, in those who were keen to get vaccinated as soon as they can. In November, 62 percent of respondents were keen to get the vaccine. But by April 2021 that had fallen to 43 percent.
“Across all, we see deteriorating confidence in the efficacy of vaccines and rising complaints at insufficient information,” said Mr. Lansell. “Yet, if Africa cannot move to herd immunity, the ongoing toll of the pandemic will prove insupportable, with many respondents now losing hope that their incomes will return as life goes back to normal, and income scales now tumbling.”
To download GeoPoll’s full report and view an interactive dashboard of results, please visit this page: https://hubs.ly/H0N43PC0
About Soko Directory Team
Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory
- January 2025 (119)
- February 2025 (191)
- March 2025 (212)
- April 2025 (193)
- May 2025 (161)
- June 2025 (157)
- July 2025 (226)
- August 2025 (211)
- September 2025 (99)
- January 2024 (238)
- February 2024 (227)
- March 2024 (190)
- April 2024 (133)
- May 2024 (157)
- June 2024 (145)
- July 2024 (136)
- August 2024 (154)
- September 2024 (212)
- October 2024 (255)
- November 2024 (196)
- December 2024 (143)
- January 2023 (182)
- February 2023 (203)
- March 2023 (322)
- April 2023 (297)
- May 2023 (267)
- June 2023 (214)
- July 2023 (212)
- August 2023 (257)
- September 2023 (237)
- October 2023 (264)
- November 2023 (286)
- December 2023 (177)
- January 2022 (293)
- February 2022 (329)
- March 2022 (358)
- April 2022 (292)
- May 2022 (271)
- June 2022 (232)
- July 2022 (278)
- August 2022 (253)
- September 2022 (246)
- October 2022 (196)
- November 2022 (232)
- December 2022 (167)
- January 2021 (182)
- February 2021 (227)
- March 2021 (325)
- April 2021 (259)
- May 2021 (285)
- June 2021 (272)
- July 2021 (277)
- August 2021 (232)
- September 2021 (271)
- October 2021 (304)
- November 2021 (364)
- December 2021 (249)
- January 2020 (272)
- February 2020 (310)
- March 2020 (390)
- April 2020 (321)
- May 2020 (335)
- June 2020 (327)
- July 2020 (333)
- August 2020 (276)
- September 2020 (214)
- October 2020 (233)
- November 2020 (242)
- December 2020 (187)
- January 2019 (251)
- February 2019 (215)
- March 2019 (283)
- April 2019 (254)
- May 2019 (269)
- June 2019 (249)
- July 2019 (335)
- August 2019 (293)
- September 2019 (306)
- October 2019 (313)
- November 2019 (362)
- December 2019 (318)
- January 2018 (291)
- February 2018 (213)
- March 2018 (275)
- April 2018 (223)
- May 2018 (235)
- June 2018 (176)
- July 2018 (256)
- August 2018 (247)
- September 2018 (255)
- October 2018 (282)
- November 2018 (282)
- December 2018 (184)
- January 2017 (183)
- February 2017 (194)
- March 2017 (207)
- April 2017 (104)
- May 2017 (169)
- June 2017 (205)
- July 2017 (189)
- August 2017 (195)
- September 2017 (186)
- October 2017 (235)
- November 2017 (253)
- December 2017 (266)
- January 2016 (164)
- February 2016 (165)
- March 2016 (189)
- April 2016 (143)
- May 2016 (245)
- June 2016 (182)
- July 2016 (271)
- August 2016 (247)
- September 2016 (233)
- October 2016 (191)
- November 2016 (243)
- December 2016 (153)
- January 2015 (1)
- February 2015 (4)
- March 2015 (164)
- April 2015 (107)
- May 2015 (116)
- June 2015 (119)
- July 2015 (145)
- August 2015 (157)
- September 2015 (186)
- October 2015 (169)
- November 2015 (173)
- December 2015 (205)
- March 2014 (2)
- March 2013 (10)
- June 2013 (1)
- March 2012 (7)
- April 2012 (15)
- May 2012 (1)
- July 2012 (1)
- August 2012 (4)
- October 2012 (2)
- November 2012 (2)
- December 2012 (1)