News & Analysis: Cote d'Ivoire

Coronavirus in Africa: Prison fever

“What are the consequences of the pandemic on the living conditions in African prisons?”

via Prison Insider

The Post-COVID-19 Economic Challenges for the African Continent

The post-pandemic world will be a less forgiving one, writes Professor Danny Leipziger on African debt distress in the wake of COVID-19.

via COVID-19 Africa Watch

Côte d’Ivoire: An Additional $35 Million to Respond to the Coronavirus Pandemic

“The World Bank and the Government of Côte d’Ivoire signed today a $35 million credit agreement from the International Development Association to scale up efforts to combat the COVID-19 pandemic in the country.”

via World Bank

COVID-19 Impact on Africa Elections

“Leaders are now facing a Cornelian dilemma: to organize elections and raise the risk of spreading the pandemic, or to postpone the election and face accusations of authoritarianism. It is like choosing between two important rights, now in a situation of obvious conflict.”

via The Cairo Review of Global Affairs

COVID-19: Lockdown Exit Strategies for Africa

“One-month full lockdown across Africa would cost the continent about 2.5% of its annual GDP ($65 billion), in addition to wider external shock of lower commodity prices and investment flows.”

via UNECA

COVID-19 in Africa: How are CEOs responding to the disruption?

“Africa has produced a number of success stories in recent years, bringing with it an array of investors, businesses and jobs. But the arrival of the COVID-19 pandemic casts a grey cloud over what was a promising outlook for the year.”

via Oxford Business Group

COVID-19: Impacts on African economies – economic challenges and social safety net responses

“This brief explores evidence on these effects and the most vulnerable countries in the ‘direct’ and ‘indirect’ categories. It also provides a summary of actions that African governments have taken as well as four ‘innovative ideas’ to consider in future, especially to continue poverty reduction and sustainable development, as part of Africa’s COVID-19 recovery plan and in partnership with development actors, including China.”

via PEGNet

Côte d’Ivoire issues first COVID-19 social bonds seeking $297 million

“On April 27, the Ivorian government will issue the first COVID-19 social bonds on the WAEMU securities market, seeking a total of CFA180 billion (about $297 million). The operation will consist of 3-month Treasury bills (BATs) at multiple rates less than or equal to 3.75%.”

via Making Finance Work for Africa

President Bio and ECOWAS leaders lay out strategy to combat COVID-19 in West Africa

“ECOWAS Heads of States, including president Julius Maada Bio of Sierra Leone who is currently on a 14 days self-isolation for covid-19, yesterday held an Extraordinary Summit Meeting via video conferencing to discuss how to combat the exponential spread of the virus across the region, with over 6,000 people now confirmed to have contracted the virus in West Africa.”

via Sierra Leone Telegraph

Living with the virus

“But cautious optimism should be the watchword – some experts claim that the disease is secretly coiling its way through African societies and that when it raises itself to its full dreadful height, a nightmare could ensue.”

via New African Magazine