News & Analysis: Economic impact

Managing COVID-19’s Impact on Africa’s Sovereign Debt: An Interview with Danny Leipziger

COVID-19 Africa Watch talks to Danny Leipziger, Professor of International Business at the George Washington University, about debt and debt relief amid the ongoing coronavirus pandemic.

via COVID-19 Africa Watch

A game changer for social protection? Six reflections on COVID-19 and the future of cash transfers

“The COVID-19 temporary cash transfers are helping; but they operate alongside preexisting structural gaps in social protection. Whether the pandemic can be a game changer for addressing such gaps may depend on how the crisis affects six factors inhibiting coverage pan out in different contexts.”

via World Bank

Zimbabwe: Lockdown amid COVID-19 surge has no support for people

“With most of Zimbabwe’s population employed in the informal sector, there are fears there could be widespread hunger as the government did not announce any plans to support citizens who will not be able to work during the lockdown.”

via The Africa Report

Paris Club of international creditors accept Kenya debt relief request

“The Paris Club of international creditors said on Monday it had accepted a request from Kenya for a debt-servicing suspension from January to the end of June.”

via Reuters

Mayor of Freetown: ‘Cities need inclusive COVID-19 responses to build back stronger. But we can’t do it alone.’

“95% of Covid-19 cases are reported in urban areas. That puts cities on the frontlines of a global public health crisis that is widening the gap between those with the comfort and safety of a home and those forced to leave their homes behind.”

via Thomson Reuters Foundation News

Mapping the long road to recovery

“A lack of reliable data about caseloads and causes of the death, even changes in the death rates, has led to sharp policy changes. Some countries are shutting down again, some are reopening.”

via Africa Confidential

World Bank sees more countries in ‘deep debt distress’ this year

“Chad and several other countries are already in deep debt distress and more will join their ranks this year, given the severity of the global recession triggered by the COVID-19 pandemic, World Bank Group President David Malpass said.”

via Reuters

Interview with Ladé Araba: Using Blended Finance to Tackle COVID-19 and Build Back Better

Ladé Araba, Managing Director for Africa at Convergence, talks to COVID-19 Africa Watch about blended finance’s potential role in building back after the pandemic, the core policy priorities, and her views on leadership.

via COVID-19 Africa Watch

Interview with Julie Gichuru: Building Community Resilience and Leveraging Storytelling to Tackle COVID-19

COVID-19 Africa Watch talks to Julie Gichuru about the Mastercard Foundation’s response to COVID-19 in Africa.

via COVID-19 Africa Watch

Debt forgiveness will top the African agenda in 2021

“African debt will become a greater global concern in 2021 as many African states remain the world’s poorest and most fragile and have been hard hit by the economic and financial costs imposed by the pandemic.”

via Mail & Guardian