Tag: COVID-19

COVID-19 Trade and trade-related measures in Africa

COVID-19 Trade and trade-related measures in Africa

27 Apr 20  News
Country Policy Tracker tralac is monitoring trade-related policy responses to the Coronavirus global pandemic. Below is a list of COVID-19 trade and trade-related measures be...
Innovative tech and connectivity key to fighting COVID-19 in Africa

Innovative tech and connectivity key to fighting COVID-19 in Africa

24 Apr 20  News
Dealing with the health and economic challenges of COVID-19 has made one point abundantly clear for African countries – “that we need broadband, faster, cheaper, and expan...
COVID-19 is a matter of life and debt, global deal needed

COVID-19 is a matter of life and debt, global deal needed

24 Apr 20  News
The coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health ne...
President Cyril Ramaphosa: South Africa’s response to Coronavirus COVID-19 pandemic

President Cyril Ramaphosa: South Africa’s response to Coronavirus COVID-19 pandemic

23 Apr 20  News
My Fellow South Africans, It has been exactly seven weeks since the first case of the coronavirus was confirmed in our country.  Since then, all our lives have changed in fu...
WTO report finds growing number of export restrictions in response to COVID-19 crisis

WTO report finds growing number of export restrictions in response to COVID-19 crisis

23 Apr 20  News
Eighty countries and customs territories so far have introduced export prohibitions or restrictions as a result of the COVID-19 pandemic, according to a new report by the WTO Secre...
President Ramaphosa: Unified Africa can curb COVID-19

President Ramaphosa: Unified Africa can curb COVID-19

23 Apr 20  News
Only a unified and coordinated response offers Africa the best possible chance of containing the COVID-19 outbreak. To achieve this, the continent’s leading business people will...
Three-phased economic response to COVID-19 pandemic

Three-phased economic response to COVID-19 pandemic

22 Apr 20  News
Government has announced a massive social relief and economic support package of R500 billion which amounts to around 10% of Gross Domestic Product (GDP) to mitigate against the bl...
UN issues appeal to bolster COVID-19 ‘logistics backbone’ or response could stutter to a halt

UN issues appeal to bolster COVID-19 ‘logistics backbone’ or response could stutter to a halt

21 Apr 20  News
The heads of major UN humanitarian agencies and offices have launched an urgent appeal for $350 million to support global aid hubs to help those most at risk during the COVID-19 pa...
AUC, Afreximbank, Afrochampions and UNECA Joint Communiqué on the Need for A Holistic and Coordinated Trade and Investment Response to the COVID-19 Pandemic

AUC, Afreximbank, Afrochampions and UNECA Joint Communiqué on the Need for A Holistic and Coordinated Trade and Investment Response to the COVID-19 Pandemic

18 Apr 20  News
The 2020 COVID-19 pandemic is a global crisis that is both unprecedented and with many ramifications. The Pandemic poses significant health and social risks to the entire globe. In...
World Bank Group and IMF mobilize partners in the fight against COVID-19 in Africa

World Bank Group and IMF mobilize partners in the fight against COVID-19 in Africa

18 Apr 20  News
The World Bank Group and International Monetary Fund on Friday convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 respons...
Will COVID-19 derail AfCFTA start of trading?

Will COVID-19 derail AfCFTA start of trading?

18 Apr 20  News
Preliminary Assessment and Recommendations by AfroChampions In early March 2020 AfroChampions completed its AfCFTA Year Zero Report: an assessment and ranking of African governmen...
COVID-19: FAO and African Union commit to safeguarding food security amid crisis

COVID-19: FAO and African Union commit to safeguarding food security amid crisis

17 Apr 20  News
Regional body and UN agency join forces to minimize lockdown’s impact on continent where one in five goes hungry The Food and Agriculture Organization of the United Nations (FAO...
Without adequate protection, estimates show that over 300,000 Africans could lose their lives due to COVID-19 – ECA report

Without adequate protection, estimates show that over 300,000 Africans could lose their lives due to COVID-19 – ECA report

17 Apr 20  News
The Economic Commission for Africa (ECA), in a new report on the coronavirus pandemic, says over 300,000 Africans could lose their lives due to COVID-19. This, as the pan...
EAC Secretariat urges Partner States to prepare economic recovery plans for the time after COVID-19

EAC Secretariat urges Partner States to prepare economic recovery plans for the time after COVID-19

15 Apr 20  News
The COVID-19 global pandemic is not only a major health crisis that challenges health systems across the globe. It has far reaching ramifications on economies worldwide. The medium...
Finance Minister Tito Mboweni: Media briefing on economy and Coronavirus (COVID-19)

Finance Minister Tito Mboweni: Media briefing on economy and Coronavirus (COVID-19)

14 Apr 20  News
The Covid-19 pandemic is expected to deepen South Africa's economic woes, and is expected to push the economy into a deep recession during 2020. At a media briefing today, Finance...
Africa’s Response to COVID-19: Key Messages for IMF and WBG Meetings

Africa’s Response to COVID-19: Key Messages for IMF and WBG Meetings

14 Apr 20  News
COVID-19 is a global crisis affecting the whole world. As the days go by the impact of the crisis becomes more visible and more general. Though hit later, Africa is already facin...
Stronger partnerships crucial for successful implementation of SDGs in light of COVID-19

Stronger partnerships crucial for successful implementation of SDGs in light of COVID-19

14 Apr 20  News
The Bureau of the Sixth Session of the Africa Regional Forum on Sustainable Development (ARFSD) has met and adopted an action plan establishing key priorities for implementing key ...
How Africa’s economies can hedge against COVID-19

How Africa’s economies can hedge against COVID-19

14 Apr 20  News
In 2018, 44 countries signed the African Continental Free Trade Area at an extraordinary summit in Kigali. There are now 54 signatories. The agreement will create a tariff-free eco...
AU Chair appoints Special Envoys to mobilise international economic support for continental fight against COVID-19

AU Chair appoints Special Envoys to mobilise international economic support for continental fight against COVID-19

13 Apr 20  News
The Chairperson of the African Union, President of the Republic of South Africa His Excellency Cyril Ramaphosa has appointed Dr Ngozi Okonjo-Iweala, Dr Donald Kaberuka, Mr Tidjane ...
COVID-19 (Coronavirus) drives Sub-Saharan Africa toward first recession in 25 years

COVID-19 (Coronavirus) drives Sub-Saharan Africa toward first recession in 25 years

09 Apr 20  News
For Sub-Saharan Africa, Coronavirus crisis calls for policies for greater resilience Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbre...