News & Analysis: Trade

The Problem-solver

“When COVID-19 struck Africa and country-wide lockdowns began, Obi Ozor, founder and CEO of Kobo360 —an African company that is digitizing cargo delivery and connecting truck drivers with cargo companies—knew he had to act fast. The only way the business would outlast the pandemic, he realized, was if Kobo360’s operations went 100 percent digital.”

via IFC

Redesigning Urban Markets Post-COVID-19

“Across the world, policies have been unable to quarantine inequalities. As African cities rebuild their economy, the urban market, formal or informal, can be the space that brings people together, creates employment and adds life to the city.”

via Inter Press Service News

The value of partnerships in Africa post COVID-19

“Authentic, broad-based economic recovery relies on a thread of partnership through all business and banking engagements on the continent, pulling together financial institutions, corporations, governments and communities to co-create a sustainable future.”

via BFT Online

The Case for Digital Identity in Africa during and post-COVID-19

COVID-19 Africa Watch talks to Tunde Fafunwa, Lead Advisor for the UNECA Digital Centre for Excellence, about the importance of digital identity for economic recovery.

via COVID-19 Africa Watch

The Africa We Want: Protecting Health and Livelihood

“Deepening economic integration to boost intra-African trade requires an equal investment in public health structures.”

via Think Global Health

How Africa Can Self-Finance its Economic Recovery

“While the COVID-19 pandemic is hitting the continent hard, strategies such as asset recycling, continued digitalization, and stronger regional integration can help ensure that Africa is strong enough to fight back.”

via Project Syndicate

Africa after COVID-19: Policy Priorities to drive economic transformation

“To ensure Africa’s transformation agenda is not permanently derailed, African governments must leverage the urgency of the COVID-19 crisis to make meaningful policy changes that will not only help in the short term but also strengthen Africa’s long-term recovery efforts.”

via African Center for Economic Transformation

As COVID-19 slows manufacturing demand, a US$6.5 million fund launched to help protect textile industry jobs in Ethiopia

“A landmark fund set up between the UK and Germany in collaboration with the Government of Ethiopia could save thousands of jobs in Ethiopia’s textile and garments industry, while helping to support the country’s economic recovery from COVID-19.”

via Addis Standard

Ghana: Port activities see further decline as int’l trade suffers

“Activities at the country’s two major harbours, Tema and Takoradi, continue to experience a decline as trade between Ghana and other countries remain negatively affected by the coronavirus pandemic.”

via BFT Online

Your package has arrived: A rocky year for African e-commerce giant Jumia

“Jumia’s gross merchandise value decreased by 13%, to $270 million, which means it has actually made less money so far during the pandemic than it did during the same period last year.”

via Rest of World