Corona Virus Impact in Africa and the Developing World

Our last post provided an assessment of the economic impact of the Coronavirus pandemic on emerging markets, primarily in Africa. What follows is a sampling of viewpoints from several other sources:

We’ll start with the perspective of a major development finance institution:

IMF Sees Significant Cuts in Sub-Saharan African Growth Due to Virus

The pandemic has arrived at the same time as the oil production squabble between Russia and Saudi Arabia for a one-two punch that has severely depressed oil and gas markets.

COVID-19 and Oil Price Slump set to Hit African Oil & Gas Projects

The Caribbean, like the rest of the world has to find appropriate way s to tackle the COVID-19 crisis.

5 ways COVID-19 has changed food insecurity in the Caribbean

Impact Alpha provides the perspective of the impact investing community:

Emerging market fund managers scramble to keep enterprises and entrepreneurs afloat

McKinsey provides a broad perspective that looks at the pandemic in the context of Africa’s ongoing growth and development efforts.

https://www.mckinsey.com/featured-insights/middle-east-and-africa/tackling-covid-19-in-africa?cid=other-eml-alt-mip-mck&hlkid=57cc6b7b77184508bccb56c04f3760ff&hctky=3025099&hdpid=6829a0ca-8c45-4d8b-a90c-bb1d31105171

 

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