News & Analysis: Egypt

Accelerating the response to COVID-19: what does Africa need?

“The pandemic magnifies the continent’s structural weaknesses, which make self-isolation and lockdown measures costly and hard to implement: 60% of the world’s poorest people live in Africa and the majority of the workforce is informal. The digital gap hampers telework and automation and governments are not able to mobilise investments at the scale needed to secure all citizens.”

via Development Matters (OECD)

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

COVID-19: A test for Russia’s African ambitions

“Russia has far closer long-term partnerships with Egypt, Algeria, and Morocco than other African countries. These relationships are built on arrangements such as arms sales, the construction of nuclear power plants, oil and gas projects, and agricultural exports.”

via European Council on Foreign Relations

COVID-19 in Africa: Scenarios and Signposts

“The trajectory of COVID-19 in Africa is uncertain. While the continent has unique demographics and strengths in fighting infectious diseases, it will face major challenges as well.”

via Human Vaccines Project

Low COVID-19 death toll raises hopes Africa may be spared worst

“Bill Gates, the Microsoft founder whose charitable foundation is focused on the pandemic, has warned that, if left unchecked in a region of crowded slums and flimsy health systems, the disease could claim a horrifying 10m African lives. Yet, more than two months on, some are daring to whisper a more hopeful message. Maybe, just maybe, the continent could be spared the worst of the pandemic.”

via Financial Times

Reviving Enterprises in the Time of COVID-19

“Meanwhile, governments can help other enterprises adapt to new market conditions, like physical distancing. They can make tools for maintaining communication, like WhatsApp, more readily available, support digital payment channels, and provide web-based training on digital marketing and service delivery. In Egypt, Solano says, more and more businesses are coming online and advertising on social media.”

via The Cairo Review of Global Affairs

Statement by IMF Managing Director Kristalina Georgieva on Egypt

“Like many countries around the world, Egypt’s economy has been impacted by the COVID-19 outbreak, the related global recession, and financial markets turmoil. President El Sisi and his Government have responded quickly and decisively with measures to limit its spread and provide support to affected people and businesses.”

via IMF

North Africa and coronavirus: ‘Massively insufficient’ measures (podcast)

“The global pandemic of coronavirus may be waning in Asia and Europe, but it’s hasn’t quite peaked across Africa, and in particular North Africa. How is the region dealing with a sudden drop from tourism, oil and investment? Are governments trusted by their people to make the right decisions?”

via The Africa Report

COVID-19: An Opportunity for Health and Education

“Though the coronavirus pandemic has brought extraordinary challenges, it also presents states and institutions with the opportunity to assess and reform.”

via The Cairo Review of Global Affairs