When news of COVID-19 reached the non-scientific world, there was panic and surprisingly, hope. Optimists saw this global crisis as an opportunity ... for people to empathize and connect based on our shared humanity. As heartwarming videos of quarantined Europeans singing on balconies went viral, for a brief moment, this idea seemed possible.
The virus causing COVID-19 continues to spread throughout the planet, threatening both millions of lives, and the global economy. Governments, ... multilateral institutions and investors are taking urgent action to respond to the health and economic crises.
Over the course of the past few months, many of Africa’s key markets responded to the growing threat of COVID-19 by adopting stringent lockdown ... conditions. What’s become increasingly clear since then is the economic costs of the crisis are likely to be particularly severe across the sub-Saharan Africa (SSA) region.
COVID-19 has disrupted the global economy with the uprooting of supply chains. The decades-long, single-minded focus on optimising supply chains ... helped the world minimize costs, reduce inventory, and boost asset utilisation.