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Impact of the Coronavirus Covid-19 on the African Economy

Impact of the Coronavirus Covid-19 on the African Economy

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April 06, 2020
Impact of the Coronavirus Covid-19 on the African Economy

The Covid-19 crisis is affecting the entire world economy and that of Africa. Some key sectors of the African economy are already experiencing a slowdown as a result of the pandemic. Tourism, air transport, and the oil sector are visibly impacted. However, invisible impacts of Covid-19 are expected in 2020 regardless of the duration of the pandemic. To assess, scenarios have been constructed on the basis of assumptions which takes account of economic, demographic and social constraints.

The socio-economic impact of the Covid-19 crisis is real. It is therefore essential to inform the populations on the impact and advice policy-makers in order to better prepare and lessen the adverse impact of the pandemic.
In this regard, this paper structures the policy recommendations into two types:
i) Those responding to the immediate situation; and
ii) Those corresponding to the aftermath of the pandemic.
A paradigm shift is needed in order to change the trade patterns of African countries within themselves and with the rest of world. Africa should turn the current Covid-19 pandemic into an opportunity.

Read the latest African Union Report on impact of #COVID19 on African economies​

Topic Resources

May 31, 2023

Outbreak Update:  As of 3 May 2023, a total of 765,222,932 COVID-19 cases and 6,921,614 deaths (case fatality ratio [CFR]: 1%) have been reported globally by 232 countries and territories to the World Health Organization (WHO).

 


 

 

May 05, 2023

Outbreak Update:  As of 3 May 2023, a total of 765,222,932 COVID-19 cases and 6,921,614 deaths (case fatality ratio [CFR]: 1%) have been reported globally by 232 countries and territories to the World Health Organization (WHO).

 


 

 

April 02, 2023

Outbreak Update:  As of 1 April 2023, a total of 761,402,282 COVID-19 cases and 6,887,000 deaths (case fatality ratio [CFR]: 1%) have been reported globally by 232 countries and territories to the World Health Organization (WHO).

 


 

 

March 22, 2023

Outbreak Update:  As of 21 March 2023, a total of 760,360,956 COVID-19 cases and 6,873,477 deaths (case fatality ratio [CFR]: 1%) have been reported globally by 232 countries and territories to the World Health Organization (WHO).

 


 

 

February 10, 2022

Agenda 2063 is Africa’s development blueprint to achieve inclusive and sustainable socio-economic development over a 50-year period.