Rating agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing.
The Africa Centres for Disease Control and Prevention and the World Health Organization have declared the latest outbreak of mpox in Africa a health emergency. An epidemic in the Democratic Republic of Congo has spread to neighboring countries.
Seven countries rated by Fitch—Cameroon, Côte d'Ivoire, Kenya, Nigeria, Rwanda, South Africa and Uganda—have confirmed mpox cases.
Fitch cautioned investors about possible under-reporting of mpox cases and that the outbreak could accelerate, raising the prospect of increased pressure on government finances.
But is this alarm call necessary? Or is it exaggerated?
Subscribe our newsletter to stay updated
Thank you for subscribing!
Subscribe our newsletter to stay updated
Thank you for subscribing!
