News & Analysis: Economic impact

What Happened to Senegalese Students after the COVID-19 School Closure?

“Although the dropout rate has remained stable, repetition rates have increased significantly in Senegal. The high repetition rate is concerning, first because it translates to a lack of learning, and second because it will increase the age range of students in the next cohort.”

via Center for Global Development

Airline sector in Africa soaks up $10 billion loss

“The airline industry in Africa recorded a passenger revenue loss of about $10.21 billion for the year 2020, with passenger numbers dropping from 95 million in 2019 to 34.7 million in 2020, representing a year-on-year decline of 63.7 percent.”

via The East African

Sub-Saharan Africa’s Agriculture and COVID-19: How the Pandemic Will (re)Shape Food Markets

“The impact of COVID-19, together with other shocks such as locusts, fall armyworm and climate change, suggests the need for policymakers to be agile in their responses to multi-layered crises. The era of heightened uncertainty, volatility and complexity resulting from these multiple crises, with COVID-19 being a key turning point, calls for a fundamental change to the governance and architecture of sub-Saharan Africa’s food systems.”

via SAIIA

State Minister Yasmin Wohabrebbi: Ethiopia’s Prospects and Priorities for Economic Recovery

COVID-19 Africa Watch talks to State Minister Yasmin Wohabrebbi about the policy response to the pandemic, the efforts to develop the digital economy, and the G20 Debt Service Suspension Initiative (DSSI).

via COVID-19 Africa Watch

At home with the Batwa people of Uganda: A photo essay

“Paid tours are what is left for the Batwa to continue their traditional ways as they did in the forest. The COVID-19 blow to tourism has greatly affected the incomes of many performers in the settlements.”

via The Guardian (UK)

Pandemic gives Africa a chance to free itself from aid dependency

“COVID-19 is reshaping our world in ways that require a redesign of our systems and changes in how we view our future. It is up to us as Africans to decide if we are to accept mere observer status or be a main player at the table.”

via Financial Times

The High Cost of Underrating Africa

“International credit-rating agencies perennially assign overinflated risks to Africa, irrespective of its improving macroeconomic fundamentals or the global economic environment. These ‘perception premiums’ are one of the region’s biggest development challenges.”

via Project Syndicate

COVID-19 is a global humanitarian emergency – act like it

“The world has been dealing with the COVID-19 pandemic as a global health crisis, but it’s time we shift gears and recognise it for the global humanitarian emergency that it is.”

via The New Humanitarian

IMF announces financing plan aimed at Sudan debt relief

“The amount of the financing was not disclosed, but the IMF and World Bank put Sudan’s total external debt at an estimated $49.8 billion as of the end of 2019. “

via The East African

The more Africans do business online, the more they hate internet shutdowns

“If African populations are skeptical now of limits on digital media, that opposition might grow as more enter the digital space for commerce, work, education, entertainment and social communications. Shutdowns will generate not only higher economic costs, but likely greater public outrage as well.”

via Quartz Africa