African countries have pulled together to set up a one-stop shop to give the continent a fairer chance in the international scramble for COVID-19 test kits, protective equipment and any vaccines that emerge.
It is too early to say that the global economy is entering the recovery phase after the humanitarian and economic damage inflicted by COVID-19. However, there are already three mega-trends emerging, which will also shape Africa’s economic future — the three ‘Ds’ of the new world order.
Major landmarks including Vatican’s Saint Peter's Basilica and the Acropolis in Athens reopened Monday as Europe accelerated its lockdown easing, but mounting coronavirus infections in Brazil, India and South Africa showed the worst is still to come in many countries.
Nearly a quarter of a billion people across 47 African countries will catch coronavirus over the next year, but the result will be fewer severe cases and deaths than in the US and Europe, new research predicts.
The social media platform TikTok and the philanthropic Gates Foundation donated $10 million (8.06 million pounds) each on Wednesday to the vaccine alliance GAVI to help fund efforts to tackle the COVID-19 pandemic in Africa.
Vulnerable parts of the developing world, particularly in Africa, are at risk of sliding into famine as a result of the coronavirus pandemic, while humanitarian relief efforts are being hindered by lockdowns and travel restrictions, according to the UN.
There will be a slump in tourism across Africa — including the North African countries — before people are confident enough to go abroad again. So said former World Bank vice president and Poverty Reduction and Economic Management director Otaviano Canuto, who sat in a webinar panel hosted by Instituto Brasil África (IBRAF). “Economic Cooperation amid COVID-19: Impacts and reactions to the pandemic in Africa” also featured Ibraf chair João Bosco Monte and former Guinea-Bissau foreign minister Maria Nobre Cabral.