South Africa was one of the first African countries to implement a full lockdown, ahead of others, such as the UK and the US. It was a success; but it had costs. We explore how COVID-19 has impacted the South African economy and it if will manage to steer itself away from the worst-case scenarios.
As technology proves more and more compatible with our daily needs, many corporations - big and small - are launching biometric identification products to respond to security and health needs. How far can we go in this growing industry?
Just as it gets back on its feet, Egypt takes another hit. Corruption, revolution, instability and now a pandemic. Its strongest sector that was beginning to climb back to pre-2011 levels was the first to go: tourism. The pyramids were built to withstand the test of time, but will Egypt weather this sand storm?
For Africa’s biggest oil-fired economy an abyss beckons. Nigeria may see its export revenues halved to $26bn this year, the consequence of an oil-price war between Russia and Saudi Arabia and a global recession triggered by the coronavirus pandemic. The depth of this economic crash is forcing policy changes, devaluing the naira and ending fuel subsidies, and the government is doubling down on its aim of boosting national production in agriculture and manufacturing. In this exclusive new series, correspondents from The Africa Report look at the prospects for remaking Nigeria’s economy and politics in the shadow of the pandemic.
More than 100,000 confirmed cases of coronavirus and over 3000 deaths have now been reported across Africa, according to data by the Africa Centres for Disease Control. But certain countries, are still holding back on taking tough measures to curb the spread, as we saw this week.
Angola's economy is in a state of fragility. Its tough economic restructuring programme at the beginning of the year focused on the sale of state-owned oil and diamond assets, reform of the national budget. The major hit it has taken from the coronavirus epidemic, has also weakened the country. But perhaps Angola would have weathered the storm better had over $100bn not been stolen from state coffers during the four decade presidency of José Eduardo dos Santos. In this five-part series, Patrick Smith and Zoe Eisenstein report on the campaign to find those stolen funds and how it is changing the politics and economy of Angola.