Coronavirus: Which African airlines are taking off and when?

“After more than three months without flying, airline companies are finally seeing the light at the end of the tunnel. Since 25 June, Royal Air Maroc began operating a portion of its domestic flights (Agadir, Dakhla, Laâyoune and Oujda) from its Casablanca hub, followed by its other hubs, Marrakech and Tangier. The low-cost airline Air Arabia Maroc will also resume operations on the same date.”

via The Africa Report

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

Energy can power Africa’s recovery from pandemic and recession

“Economic development starts with access to modern energy. It underpins vital food supplies, powers homes and hospitals, and enables people to work, study and travel. But the disruptions caused by the COVID-19 crisis threaten to make it increasingly difficult to meet the UN Sustainable Development Goal of bringing affordable, reliable, sustainable and modern energy to all.”

via The Africa Report

Coronavirus: Now is the time to invest in Africa’s creative industries

“Despite the effects of COVID-19, Africa’s young creative industries remain ripe for investment opportunities. African music, film, and fashion continue to gain global popularity, with companies like Netflix and Universal Music Group expanding their presence on the continent.”

via The Africa Report

Coronavirus: Africa leads vaccine quest with trials in Johannesburg

“COVID-19 has hit South Africa harder than any other country on the continent. That makes it a good place to test the vaccine candidate, as volunteers are likely to come into contact with the virus relatively quickly. The study will follow up to 2,000 volunteers over 12 months.”

via The Africa Report

Zimbabwe: COVID-19 drugs scandal lays bare the rot in the system

“Over the last few months, Moyo awarded a US$60 million COVID-19 supply contract to a shelf company called Drax without going to public tender.”

via The Africa Report

Burundi: Why history will judge Pierre Nkurunziza harshly

“History will judge Nkurunziza as someone who brought unnecessary pain to a nation that had long suffered from political misrule, but who in death bequeathed it a golden opportunity for renewal.”

via The Africa Report

Coronavirus: ‘Status quo of women not sustainable, balance must be tilted’

“It is no secret that across the board, women are at a socioeconomic disadvantage compared to men; accordingly, the coronavirus pandemic is exposing and magnifying the extent of this inequality. As concerns for jobs, livelihoods and the state of the economy are being debated, it is crucial that we take a gendered approach to highlight the impact of the current global pandemic on women.”

via The Africa Report

Egypt v. Coronavirus: The pound faces a war of attrition, not a crisis

“The COVID-19 pandemic raised the risks for the Egyptian currency in several ways. Tourism, which was bringing in US$1b a month, has collapsed. Many foreign investors have sold their Egyptian T-bills. Revenue from the Suez Canal has slumped, with the Economist Intelligence Unit in London predicting a 22.6% decline in global trade volume in 2020.”

via The Africa Report

Post-coronavirus: More sorrow for Africa’s new oil and gas producers

“For new producers in the pandemic era, some licensing rounds are likely to be cancelled, and production is being pushed back once more. Debt is becoming an even greater issue. Yet some investors—like Total in Uganda—still show signs of interest.”

via The Africa Report