Very low spending on public healthcare, weak social safety nets and poor labor rights meant the majority of the world’s countries were woefully ill-equipped to deal with COVID-19, reveals new analysis from Oxfam and Development Finance International (DFI) today.

The coronavirus pandemic is fast pushing developing countries toward a debt crisis that would be catastrophic for their fight against poverty, with the likelihood of multi-billion-dollar defaults that will hurt the entire global economy, warned Oxfam ahead of the G20 Finance Ministers’ meeting this weekend (July 18-19).

People seeking safety are trapped at borders across Eastern Africa due to COVID-19 measures.

Forty-three percent of women surveyed across five countries reported feeling more anxious, depressed, isolated, overworked, or ill because they are having to shoulder even more unpaid care work as a result of the coronavirus crisis, said Oxfam today. 

Oxfam warned today that millions of people in East and Central Africa, already suffering due to flooding and the impact of coronavirus, are at risk of increased hunger and poverty as the region braces for the latest generation of locusts which are due to hatch in June ―just when crops are to be harvested.

Oxfam is preparing for a potential response as swarms of locusts sweep across Ethiopia, Kenya, and Somalia and are likely to grow 500 times bigger by June to neighboring Uganda and South Sudan. The plagues are hitting the East African region where food insecurity has already reached record levels.

More than 52 million people in 18 countries across southern, eastern and central Africa are facing up to crisis levels of hunger as a result of weather extremes, compounded by poverty and conflict.

More than 15 million people are in need of aid as drought hits parts of Ethiopia, Kenya and Somalia again.

A new era of high and volatile food prices is causing life-changing shifts in society, according to Oxfam and the Institute of Development Studies (IDS) in a joint report published today.