Analysis & Opinion

ECA estimates billions worth of losses in Africa due to COVID-19 impact

“The Economic Commission for Africa (ECA) on Friday warned the unfolding coronavirus crisis could seriously dent Africa’s already stagnant growth with oil exporting nations losing up to US$ $65 billion in revenues as crude oil prices continue to tumble… The ECA estimates COVID-19 could lead to Africa’s export revenues from fuels falling at around US$101 billion in 2020.”

via Economic Commission for Africa

The Impact of COVID-19 on Key African Sectors

“Economically, the effects have already been felt – demand for Africa’s raw materials and commodities in China has declined and Africa’s access to industrial components and manufactured goods from the region has been hampered. This is causing further uncertainty in a continent already grappling with widespread geopolitical and economic instability.”

via Baker McKenzie

How Africa can quell the next disease outbreaks

“Africa’s ambitious plans to establish free trade and travel across the continent will increase movement even more. Although economically advantageous, these plans could set the stage for HIV, Ebola, pandemic influenza, chikungunya, plague, Lassa fever and antimicrobial-resistant bacterial infections to spread farther and faster.”

via Nature

Making the case for African investment in research

“An increased focus on science education and research training could pay enormous dividends that would fuel the continent’s economic engine, while also generating discoveries that improve health.”

via Fogarty International Center

Some say there is a trade-off: save lives or save jobs – this is a false dilemma

“As the world responds to COVID-19, country after country is faced with the need to contain the spread of the virus at the cost of bringing its society and economy to a standstill. At face value there is a trade-off to make: either save lives or save livelihoods. This is a false dilemma – getting the virus under control is, if anything, a prerequisite to saving livelihoods.”

via The Telegraph (UK)