News and Analysis: Nigeria

Interview with Nurse Cherish Samuel: On the Frontlines of COVID-19 Treatment in Lagos State, Nigeria

COVID-19 Africa Watch discusses the COVID-19 crisis in Nigeria and how people can stay safe with Cherish Samuel, a registered nurse working at a COVID-19 isolation and treatment center in Lagos State.

via COVID-19 Africa Watch

Lagos Gov’t says COVID-19 testing remain free

“The Lagos State Government has reiterated that COVID-19 testing for residents of the state was free of charge. Mr Gbenga Omotoso, the state’s Commissioner for Information and Strategy said this in a statement on Wednesday in Lagos. The state would like to reassure the general public that testing is still free at all the COVID-19 public testing laboratories for all Lagos residents.”

via Vanguard (Nigeria)

Fitch: Sub-Sahara African debt burdens rising faster than elsewhere

“Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further rating downgrades and defaults, ratings agency Fitch warned.”

via Reuters

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

Buhari’s COVID-19 economic plan: old wine in new wineskins

“There are two main pillars to the economic sustainability plan. The first is job creation and the second an infusion of cash. These will be achieved through targeted investments in agriculture and agro-processing, manufacturing, renewable energy, housing, information technology. The proposal also included cash transfers as well as ‘survival funds’ for medium and small scale enterprises.”

via The Africa Report

Former governor of Oyo State, Abiola Ajimobi, has died from COVID-19 complications (Nigeria)

“The 70-year-old, who had been on a life support machine since last Friday at First Cardiology Hospital in Ikoyi, Lagos, after slipping into a coma following Coronavirus complications, died on Thursday.”

via Sahara Reporters

The coronavirus is jeopardizing a ‘very, very finite’ workforce: Africa’s doctors and nurses

“The coronavirus pandemic has tightened its grip on much of Africa, where reported cases have more than tripled over the last month, jeopardizing overstretched medical teams as the need for care soars.”

via Washington Post

IFC Supports Nigeria’s FCMB to Finance SMEs Facing COVID-19 Related Challenges

“IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they can sustain business activities disrupted by the COVID-19 pandemic.”

via IFC