11 May 2020
The United Nations Economic Commission for Africa (ECA) estimates that a one-month full lockdown across Africa would cost the continent about 2.5 per cent of its annual GDP, equivalent to about USD 65.7 billion per month. With the costs of the Covid-19 lockdown mounting, the ECA is now proposing 7 Lockdow Exit Strategies for African Countries that that "provide sustainable, albeit reduced, economic activity".
07 May 2020
The Mozambican government’s real GDP growth projection of 2.2% for this year may prove to be "somewhat optimistic", according to Eaglestone Securities, considering the uncertainties surrounding the impact that Covid-19 could ultimately have on the local economy.
03 April 2020
According to a study from the London School of Hygiene and Tropical Medicine (LSHTP), almost all African countries should have more than 1,000 cases by 1 May. Angola, Mozambique and Cabo Verde are among those where the number of infections is expected to peak later.