Burundi reopens borders with Tanzania, suspends mandatory quarantine
“Burundi on Monday said it would reopen its Kobero-Kabanga and Mugina borders with Tanzania, which were closed due to the COVID-19 outbreak.”
News & Analysis: Trade
South Africa’s WTO ambassador on the logic behind a COVID-19 IP waiver
Analysis and Opinion South Africa Financial Times Article/Blog post by John Schellhase“South Africa, Mlumbi-Peter said, was fully aware that IP was not the only barrier to ramping up vaccine production. Voluntary licences, technology transfer and the sharing of clinical data as well as trade secrets could all play a part in what she called the toolkit of combating the pandemic.”
What Happens When the Vaccine Factory of the World Can’t Deliver?
Analysis and Opinion DRC / Ethiopia / Ghana / Kenya / Mozambique / Nigeria / Uganda New York Times Article/Blog post by John Schellhase“India stopped exporting COVID-19 vaccines in mid-April, leaving Covax and the 92 low-income and lower-middle-income countries that depend on the program in the lurch. The shortfall is estimated to be at 190 million doses by the end of June.”
TRIPS waiver: US support is a major step but no guarantee of COVID-19 vaccine equity
Analysis and Opinion The Conversation Article/Blog post by Milken Institute staff“The question is how to translate rights under WTO rules into access to medicines on the ground. The 2005 TRIPs amendment has only ever been used once in 2007 when Canada supplied generic antiretroviral drugs to Rwanda. Those involved subsequently criticised the amendment for being overly bureaucratic, costly and complicated.”
Africa’s ports shrug off COVID-19 and Suez crisis
Analysis and Opinion African Business Article/Blog post by Milken Institute staff“Despite the effects of COVID-19 and the recent blockage of the Suez Canal, Africa’s ports are expanding faster than at any time in their history.”
Chinelo Anohu: What the Future Holds for Attracting Investment to Africa
African Voices on COVID-19's Impact / Interview Series COVID-19 Africa Watch Video by Milken Institute staffCOVID-19 Africa Watch talks to Senior Director of the Africa Investment Forum, Chinelo Anohu, about how the COVID-19 pandemic has impacted the AIF’s approach and the overall investment landscape across the continent.
Fake and fraudulent: Cross-border bus passengers can buy forged COVID-19 test results
Analysis and Opinion South Africa Daily Maverick Article/Blog post by Milken Institute staff“In a matter of minutes, Daily Maverick was able to secure two fake COVID-19 test results from two bus companies for a total of R700.”
Survey of Impact of COVID-19 on African Trade Finance
Analysis and Opinion Afreximbank Report/Study by Milken Institute staff“COVID-19 and related challenges provide an impetus for central bank and capital market regulators to engage with industry, to explore the viability of creating new trade financing capacity via the participation of asset managers and private equity in directing capital to the financing of international trade—including South-South trade and African trade.”
Hustle at the Border for Zimbabwean Traders
African Voices on COVID-19's Impact Zimbabwe COVID HQ Africa Article/Blog post by COVID HQ AfricaOn top of missed income opportunities caused by the freeze of productive activities, many women traders in Zimbabwe suffered economic losses from goods that have remained unsold and, in many cases, gone to waste because of their perishable nature.
Uganda’s coffee exports increase despite COVID-19 market disruptions
Latest Developments Uganda The East African Article/Blog post by Milken Institute staff“Uganda’s coffee exports have defied coronavirus market disruptions for a straight second month recording growth in value and volume.”
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