An 83% surge in newly confirmed cases of COVID-19 during the past week in Africa, driven by the delta and omicron variants, is causing fewer deaths than previous surges, the World Health Organization said Tuesday.

But the WHO cautioned that more waves of COVID-19 infections could be building as updated forecasts warn Africa, the world's second-largest and second-most-populous continent, may not reach 70% vaccine coverage until late 2024.

Africa recorded more than 196,000 new cases for the week ending on Dec. 12, an increase of around 107,000 from the previous week, bringing the cumulative count since the pandemic began to 8.9 million cases, according to the WHO. The number of new cases is currently doubling every five days, the shortest reported this year. While the speed of the spread is fast, the WHO said, deaths remain low and even dropped by 19% last week compared with the previous week.

Africa is currently in its fourth wave of the pandemic, during which there were a little over 3,000 deaths reported in the first three weeks. About half as many cases were reported in the same time frame during the continent's third wave, which was fueled by the highly contagious delta variant, according to the WHO.

The WHO said this spike in infections coupled with low hospitalizations is particularly evident in South Africa, which saw a 66% rise in new cases last week compared with the previous seven days. While hospital admissions have jumped by 65% in the past week, the bed occupancy rate for intensive care units remains low at 7.5%, with 14% of the hospitalized patients receiving supplemental oxygen. Though the number of deaths also remain low, the WHO warned that this pattern may change in the coming weeks.

"We are cautiously optimistic that deaths and severe illness will remain low in the current wave, but slow vaccine rollout in Africa means both will be much higher than they should be," Dr. Matshidiso Moeti, the WHO's regional director for Africa, said in a statement Tuesday. "We've known for quite some time now that new variants like Beta, Delta or Omicron could regularly emerge to spark new outbreaks globally, but vaccine-deprived regions like Africa will be especially vulnerable."

As of Tuesday, only 20 African countries had vaccinated at least 10% of their population -- the global target the WHO had set for September 2021. Only six African nations have hit the year-end target of fully vaccinating 40% of their population, while just two countries -- Mauritius and Seychelles -- have reached the 70% coverage seen as essential for controlling the pandemic. At the current pace, the WHO estimates that it will take until May 2022 before Africa as a whole reaches 40% coverage and August 2024 before it reaches 70%.

"In a world where Africa had the doses and support to vaccinate 70% of its population by the end of 2021—a level many wealthy countries have achieved—we probably would be seeing tens of thousands of fewer deaths from COVID-19 next year," Moeti said. "But we can still save many lives if we can accelerate the pace of vaccination in early 2022."

Pfizer's forthcoming COVID-19 treatment could be authorized for emergency use in the United States by the end of this year or early next year, pending the Food and Drug Administration's regulatory timeline, Pfizer CEO Albert Bourla told ABC News.

The pharmaceutical giant announced Tuesday that it has submitted promising new data to the FDA, including lab experiments showing its oral antiviral medicine, Paxlovid, will likely work against the omicron variant. And in updated clinical trial data, Pfizer found the treatment reduces the risk of being hospitalized or dying by 89% when taken within three days of being diagnosed with COVID-19, and 88% when taken within five days of being diagnosed among high-risk, unvaccinated patients.

"It is a game changer," Bourla told ABC News. "But at the same time, I want to emphasize that no one should use the existence of the pill as an excuse to avoid vaccination."

Bourla said the medicine could save thousands of lives.

"We did some calculations how many deaths or hospitalizations can be avoided based on the current U.S. mortality rates and the current U.S. hospitalization rates," he said. "On the back-of-the-envelope calculation, we estimate that 100,000 people if they take the pill, we will avoid 6,000 hospitalizations and 1,200 deaths approximately."

-ABC News' Sony Salzman

France is considering tightening restrictions for travelers arriving from the United Kingdom, where the omicron variant appears to be spreading swiftly.

"Regarding Britain, the current rule is to show a negative test less than 48 hours old in order to enter France," French government spokesman Gabriel Attal told France Info radio on Tuesday. "But we are always looking at means to tighten the framework, we are currently working on that and we should, I think, come to a conclusion in the coming days."

China has confirmed its first case of the omicron variant on the mainland, state-run media reported Monday.

The variant was detected in a traveler from overseas who arrived in the northern Chinese port city of Tianjin on Dec. 9. The individual tested positive for COVID-19 last week and subsequent genome sequencing confirmed it was the omicron variant.

The patient, who showed no symptoms, is being treated in isolation at a hospital, according to state-run media.

School leaders at both New York University and Princeton University announced Wednesday that they will take steps to cancel end-of-year events and move winter exams online amid a surge in COVID-19 cases on their respective campuses.

"Given that we've seen an uptick in cases among undergraduates during the last 24 hours -- including suspected cases of the highly contagious Omicron variant -- we hope to avoid letting the final exam schedule interfere with students’ travel home for Winter Break," Princeton University's dean, Jill Dolan, and vice president for campus life, Rochelle Calhoun, said in a joint statement. "We certainly don’t want you remaining on campus in required isolation through the holidays."

All indoor gatherings with food and those where face coverings cannot be worn must be canceled or postponed at Princeton's New Jersey campus from Thursday through Jan. 7, according to the statement.

A statement from New York University's provost, Katherine Fleming, executive Vice President, Martin Dorph, and head of the COVID-19 prevention and response team, Dr. Carlo Ciotoli, said they "strongly encourage that final examinations and/or assessments be changed to remote/online format." All discretionary, non-essential, non-academic gatherings and events at the school's campus in New York City must be canceled "immediately," according to the statement.

"The continuous review of the data from our COVID-19 testing program has indicated a considerable acceleration in the rate of new cases in our community," they said. "It’s not a cause for alarm, but it is a cause for concern, caution, and appropriate actions."

NYU has also joined a growing list of colleges and universities across the nation that are requiring all eligible members of the school community, including faculty and students, to be fully vaccinated against COVID-19 and receive a booster shot ahead of the upcoming spring semester.

Meanwhile, officials at Cornell University in Ithaca, New York, announced Tuesday that they have moved the campus into a "level red" alert after identifying evidence of suspected cases of the omicron variant in a "significant" number of the school's COVID-19 positive samples from students.

According to data from the Centers for Disease Control and Prevention, the omicron variant is estimated to account for more than 13% of newly confirmed COVID-19 cases in the New York and New Jersey area -- the highest proportion of any region of the United States.

-ABC News' Chris Donato and Arielle Mitropoulos