Survey reveals 95 percent of African SMEs did not receive government aid during COVID-19 pandemic

“In March 2020, the African Union created the Rollo Africa Business Simulation Programme to support SMEs and the informal sector. Of the 490 businesses that applied the programme, 93 percent reported their business was heavily impacted by the pandemic and 95 percent testified they never received any government support to combat the economic downturn.”

via African Union

The Impact of the COVID-19 Outbreak on Governance, Peace, and Security in the Horn of Africa

“COVID-19-related containment measures—together with the global recession, lower oil prices and damage to agriculture from locusts and flooding—are increasing poverty levels and jeopardizing livelihoods.”

via African Union

Impact of the Coronavirus on the African Economy

“The COVID-19 crisis is affecting the entire world economy and that of Africa. Some key sectors of the African economy are already experiencing a slowdown as a result of the pandemic. Tourism, air transport, and the oil sector are visibly impacted. However, invisible impacts of COVID-19 are expected in 2020 regardless of the duration of the pandemic.”

via African Union

AU: Africa Joint Continental Strategy for COVID-19 Outbreak

“COVID-19 will likely spread rapidly in communities and healthcare facilities and cause severe illness and death. Although the case-fatality remains low, a high percentage of the African population could be infected in the next year, resulting in large number of deaths, particularly in people with advanced age and/or underlying illnesses.”

via African Union