News & Analysis: Trade

How is COVID-19 Affecting Food Security in West Africa? An Interview with Dr. Mabouba Diagne

Dr. Mabouba Diagne of the ECOWAS Bank for Investment and Development talks to COVID-19 Africa Watch about the lessons of COVID-19 for improving food security in the West Africa region.

via COVID-19 Africa Watch

Ethiopia to make, export COVID-19 test kits with China’s help

“As COVID-19 cases continued to climb sharply, Ethiopia’s Ministry of Health on Sunday announced that the country will start manufacturing its own test kits with China’s help. The announcement came as the Horn of Africa nation passed the mark of one million tests, the third highest in the continent after South Africa and Morocco.”

via The East African

COVID-19: Morocco Calls for International Help for Developing Countries

“Morocco’s Permanent Ambassador to the UN, Omar Zniber, has called for a coordinated and concerted response to meet the ‘urgent circumstances affecting global trade and development.'”

via Morocco World News

Gender should be central to Africa’s COVID-19 economic recovery initiatives

“Unless a gender perspective is embraced in COVID-19 recovery initiatives, the ongoing global health pandemic will amplify existing gender disparities leading to worse outcomes for women, especially cross border traders.”

via UNECA

The AfCFTA’s effects on trade and wages in Africa

“AfCFTA, if implemented fully, could boost regional income by $450 billion, bring 30 million people out of extreme poverty, and raise the incomes of 68 million others who live on less than $5.50 a day.”

via Brookings Institution

The Impact of COVID-19 on the African Economy (Video)

“The Whitaker Group CEO Rosa Whitaker joins Jill Malandrino on Nasdaq Trade Talks to discuss the impact of COVID-19 on the African economy and how business and investment are helping to shape the continent’s rise on the global stage.”

via Nasdaq

African Continental Free Trade Area on the rise in virus times

“Ghanaian President Nana Akufo-Addo was full of optimism on Monday when he inaugurated the secretariat of the African Continental Free Trade Area in Accra.”

via The Nation (Nigeria)

Interview with K.Y. Amoako on Africa’s Economic Recovery and Transformation

COVID-19 Africa Watch speaks to K.Y. Amoako, President of the African Center for Economic Transformation, about the economic impacts of the COVID-19 pandemic across the continent.

via COVID-19 Africa Watch

Africa trade and Covid‑19: The supply chain dimension

“COVID-19 has created significant disruptions to global value chains, through lockdown induced contractions in demand and supply, increased transport and transactions costs in foreign trade and growing use of export bans. Africa has been particularly exposed. The leading argument is that the pandemic has strengthened the case for developing intra-African regional value chains and unlocking the continent’s business potential.”

via Overseas Development Institute

Africa must boost internal trade to recover from COVID-19 slump, AU says

“The collapse in foreign direct investment to African economies during the pandemic has bolstered the need for intra-African trade, the continent’s top trade official has said, warning that it will take years for investment to return.”

via Financial Times