News & Analysis: Angola
“As Africa braces for a head-on collision with coronavirus with the World Bank announcing its first recession in 25 years, the continent can eventually look forward to many post-COVID-19 recovery and growth narratives. Public and private leaders should draw on past experiences to face the economic challenges of COVID-19.”
“What are the consequences of the pandemic on the living conditions in African prisons?”
“The COVID-19 pandemic presents a rare opportunity for enhanced intra-African cooperation in the history of maritime security in the Gulf of Guinea, and indeed coastal states throughout the African continent.”
“External deficits will likely persist despite significantly weaker domestic demand and import compression. Although SSA countries export a diverse range of commodities, prices for most major exports have fallen in recent months.”
The post-pandemic world will be a less forgiving one, writes Professor Danny Leipziger on African debt distress in the wake of COVID-19.
“Many are replacing lockdowns with curfews and mandatory facemasks in public spaces alongside the basic social distancing measures, while pushing up domestic production by local textiles and apparel factories to repurpose as well as small-scale tailors to meet demand for masks.”
“From Angola to Zimbabwe, Southern Africa’s fragile economies are rattled by the coronavirus pandemic. Countries in the region have declared states of emergency and imposed lockdowns, shutting borders, sea ports and reducing daily business activity in order to curb the spread of the virus and protect vulnerable communities. The impact on agricultural producers and informal traders is likely to be severe.”
“In Africa’s case, the economic crisis actually preceded the health crisis because it started out in the advanced economies and also in China. Africa began to feel the effects before it started to register a significant number of cases on the continent.”
“As the pandemic wreaks havoc on economies and public finances, the natural question is: who’s next? More than 100 countries, including South Africa, have asked the imf for help.”
“Accompanying the misery of the coronavirus pandemic has been an ongoing crisis in the oil industry. While the scale and tragedy of the coronavirus is front and center in our minds, the collapse of oil is more abstract, and its long term consequences will be serious.”
A hub for information, analysis, and the global response to COVID-19’s impact on Africa