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Africa is not open for business – OPINION

Africa is not open for business – and it’s sad

23 February 2021

COVID-19 and all its accoutrements have wreaked havoc on the global and individual economies. Africa is no exception, even though the pandemic itself has ostensibly not struck the continent as hard as the West, Latin-America or Asia.

While some economies on the continent were chugging along quite nicely before the pandemic, the impact of COVID-19 (especially on the rest of the world) has hit exports and growth hard. The International Monetary Fund (IMF) has estimated that the continent’s economy will shrink by 3% or more in 2020.

Small, poor countries – or even big ones – that are reliant on one or two resources have been acutely affected. Whether they depend on…

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Department of Culture and Tourism - Abu Dhabi

PR Manager (Section Head) – UAE National (UZ-4D504)

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