COVID-19 deaths in Africa higher than official count, Zambia study suggests

“A study of corpses in a Zambian morgue suggests that deaths from COVID-19 may have been routinely undercounted in the country, and by extension possibly elsewhere in Africa, challenging the view that the continent has avoided the worst effects of the pandemic.”

via Financial Times

Unequal vaccine access will return to haunt the rich

“As rich countries race to dispense COVID-19 vaccines, poorer nations have a fear of missing out. The UK has inoculated more than 4m people while South Africa, which has also been severely struck, has yet to administer a single non-trial dose.”

via Financial Times

South African COVID-19 variant may affect vaccine efficacy, warn scientists

“The new coronavirus variant linked to a surge in COVID-19 cases in South Africa is not only more infectious than previous forms of the virus but could make some vaccines less effective.”

via Financial Times

Gordon Brown: G20 nations must devise a global plan for growth post-COVID-19

“It would be a historic act of collective statesmanship if G20 countries agreed that the bulk of the new SDR allocations should fund Africa. And if the IMF and the multilateral development banks match the first SDR allocation with funds from their own considerable resources and make good their commitments on debt relief, we have the makings of a $2tn 21st-century Marshall Plan for the developing world.”

via Financial Times

Nigerian economy at risk of ‘unravelling,’ warns World Bank

“The economic impact of the coronavirus pandemic will send personal incomes in Nigeria, Africa’s largest economy, back four decades. If Africa’s biggest oil producer is to avoid a prolonged recession, it will have to enact a series of potentially politically unpopular reforms.”

via Financial Times

COVID-19 is accelerating a quiet technology revolution in Africa

“Nearly half of Africa’s economic growth over the next ten to twenty years will be driven by a group of still relatively unknown tech companies.”

via Financial Times

What HIV taught WHO’s Matshidiso Moeti about COVID-19

“We did a lot of work to prepare precisely because of the worry that our health systems are so fragile, our capacity is so little, we will get devastated by this.”

via Financial Times

Egypt’s banks braced for pandemic impact

“Analysts and bankers say Egyptian lenders, which are generally cash-rich with low loans-to-deposit ratios, may find profits fall and bad loans rise. But they expect banks to remain financially stable.”

via Financial Times

Frozen COVID-19 vaccines can reach developing nations, says DHL

“COVID-19 vaccines that need to be deep frozen during transport can be delivered to developing nations in sub-Saharan Africa, South America and South Asia, according to logistics group DHL. The distributor can serve 85 percent of the destinations requested by companies.”

via Financial Times

Cyril Ramaphosa: Global response is needed to prevent a debt crisis in Africa

“For three decades, Africa has worked strenuously towards a more sustainable future. The world cannot allow short-term debt dynamics to derail its march towards a green, digitally enabled and globally connected future.”

via Financial Times