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

IGC COVID-19 guidance note: Containment strategies and support for vulnerable households

“The COVID-19 health crisis is an economic crisis: Limiting social interactions to slow the spread of the virus has also limited economic interactions essential to employment and trade, leading to a collapse in economic activity in developing countries, undermining livelihoods and increasing extreme poverty and hunger.”

via International Growth Centre

Inclusive Growth Beyond the COVID-19 Crisis

“Businesses of various types and sizes are suffering as authorities order citizens to stay home. While these measures are necessary to save lives in the short-term, they also avoid the long-term economic catastrophe we would endure if the entire population became infected.”

via Palladium

COVID-19 lockdown in South Africa highlights unequal access to services

“To date, the South African measures appear to have been successful in slowing the spread of the virus, and have been lauded internationally. But they have also highlighted the challenges and costs of a lockdown, especially for the poor.”

via Afrobarometer

Cash shortages pose a threat to Zimbabwe’s fight against COVID-19

“Zimbabweans have a particular problem that hinders implementation of COVID-19 restrictions: cash. Despite a largely informal economy where cash is king, chronic shortages of both domestic and foreign currency have plagued the country for years. Well before the COVID-19 lockdown, long winding queues were a common feature at banks.”

via Afrobarometer

The Impact of COVID-19 in South Africa

“The onset of COVID-19 in South Africa has brought to the fore systemic weaknesses in the quality of service delivery such as water and sanitation services, housing, healthcare, and infrastructure in various communities across the country… The pandemic has also shone a spotlight on the effectiveness (or lack thereof) and responsiveness of financial tools such as unemployment insurance funds and credit life insurance policies, and raised questions about the overall flexibility and robustness of South Africa’s financial system in dealing with the impact and aftermath of such a multifaceted and rapidly evolving crisis.”

via Wilson Center

Philanthropy & the Humanitarian Crisis in Northeast Nigeria

“Nigerian philanthropy is a growth industry. Wealthy Nigerians—there are at least four billionaires and hundreds of millionaires—are establishing foundations and donating money and material to a range of causes.”

via CSIS

Five Findings from a New Phone Survey in Senegal

“Senegalese are suffering economically: 86.8 percent of respondents already reported a loss of income. There is some variability in this figure with poor people, people living outside Dakar and people with low levels of education more likely to report an income loss.”

via Center for Global Development

Pandemic Policies in Poor Places

“What should the developing world be doing? There are lessons from the rich world’s experience (including its mistakes). There are also aspects of the realities of life in poor places that need to be considered. Some of the policies found in rich countries are not feasible in poor places or have fewer benefits relative to the costs. New challenges are emerging as the virus spreads into the developing world.”

via Center for Global Development

COVID-19 and EM Policy Space

“Unfortunately, the picture is different in emerging markets, where depreciating currencies and rising bond yields severely limit governments’ policy space. This is one reason a debate has begun whether EM central banks should pursue QE.”

via IIF