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Opinion

Slow Covid-19 economic recovery compels African companies to adapt fast to new consumption and trade patterns

Clement Chinaka, Managing Director, Old Mutual Rest of Africa
May 20, 2020, 9:43 p.m.
286

Word count: 741

In Africa, reactions to the onset of Covid-19 have been varied, from full lockdowns in most of Southern Africa, regional lockdowns in some West African countries and just social distancing and nighttime curfews in some countries. Official statistics suggest that most of Africa has managed to keep infections levels relatively low, so far. As a result of the different responses, the economic impact has also been varied across the continent, but due to the impact of the virus on the broader global economy, most African economies are facing severe strain. Time will tell, which response was the most appropriate for risk that countries faced from Covid-19.

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