News & Analysis: Egypt

Egyptian Premier League set for late summer restart amid coronavirus pandemic

“The start of August will see the Egyptian Premier League become the latest football competition to resume the 2019-20 season after the interruption brought about by the spread of the COVID-19. The league had been suspended since March 14, 2020 as fears of pandemic brought almost all sporting competitions around the world to a halt.”

via Arab News

Egyptian gov’t encourages women to avoid pregnancy during COVID-19

“The Ministry of Health in Egypt has called on women to postpone their pregnancies because of the coronavirus. The ministry issued a statement saying that delaying pregnancy during the spread of COVID-19 was a necessity. It said new discoveries have linked the virus to blood clots that may affect the placenta and the fetus’ nutrition.”

via Arab News

Africa free-trade vision clouded by virus and pace of talks

“AfCFTA was supposed to take operational effect on Wednesday, July 1, but the timeline has slipped, under the complications caused by the COVID-19 outbreak but also the slow pace of negotiations themselves.”

via The East African

The ABC triangle: Putting the AfCFTA, Brexit, and COVID-19 to work for Africa

“The entry into force of the African Continental Free Trade Agreement (AfCFTA) on May 30, 2019, the official withdrawal of the U.K. from the European Union (Brexit) on January 31, 2020, and the COVID-19 pandemic in which we are currently mired. If policymakers act fast to seize the opportunities that this ‘ABC’ triangle of events offer and reset U.K-Africa trade relations, a win-win partnership can emerge.”

via Brookings Institution

IMF Press Conference on the Regional Economic Outlook Update for Sub-Saharan Africa

“Sub-Saharan Africa’s economy is now expected to contract by 3.2 percent in 2020, this is double the contraction we expected in April. It represents by far the worst performance on record. It implies a 7 percentage points swing from the growth we were expecting prior to the crisis for 2020.”

via IMF

Coronavirus: Which African airlines are taking off and when?

“After more than three months without flying, airline companies are finally seeing the light at the end of the tunnel. Since 25 June, Royal Air Maroc began operating a portion of its domestic flights (Agadir, Dakhla, Laâyoune and Oujda) from its Casablanca hub, followed by its other hubs, Marrakech and Tangier. The low-cost airline Air Arabia Maroc will also resume operations on the same date.”

via The Africa Report

IMF Executive Board Approves 12-month US$5.2 Billion Stand-By Arrangement for Egypt

“The IMF approved a 12-month Stand-by Arrangement, with total access of about US$5.2 billion to address balance of payments financing needs arising from the COVID-19. Approval of the SBA enables the immediate disbursement of about US$2 billion.”

via IMF

Coronavirus: How Africa’s supply chains are evolving

“The coronavirus lockdown measures imposed by governments around the world have caused severe disruption to supply chains.”

via BBC

Egypt to reopen cafes, places of worship, shisha ban stays

“Egypt will partially reopen cafes, restaurants, places of worship, cinemas and sporting clubs on Saturday, relaxing a lockdown to curb the spread of coronavirus, Prime Minister Mostafa Madbouli announced.”

via Arab News

Egypt: World Bank Provides US $400 million in Support of Universal Health Insurance System

“The project will support the Government of Egypt (GOE) to put in place the building blocks of the Universal Health Insurance System; to roll the system out in Phase I Governorates; and to offer temporary financial protection to the most vulnerable across the country to protect them from high out-of-pocket health expenditures resulting from the COVID-19 outbreak.”

via World Bank