Africa and post COVID-19 economic realities - The Nation Nigeria

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Africa and post COVID19 economic realities

This, of course, stems from the fact that most African economies are so fragile that the human and economic impact of the global lockdown is projected to grossly affect the continent given the economic indices of productions, imports and exports.

To drive these two sectors, technocratic input must be embraced in ways that are as inclusive as they are transparently focused on merit. The informal sector must get more attention as one of the pillars of sustainable development. While not saying that any gender has the magic wand, it is obvious that given a level playing field, competence and commitment is not gender sensitive.

The human and economic damage is pushing for search to find solutions. COVID-19, according to her, is exposing the fact that capitalism has its down sides. The inequalities in the world are very evident with this pandemic. Communities must continue to uphold the structures that lift others. The extended family system must continue to play the ‘brother’s keeper’ roles Africans are known for.

Africa must accelerate the start of the Africa Free Trade Agreement in ways that can help the continent economically after the pandemic. This period and the attendant socio-economic impact must provide food for thought and a revisit of policies. The lack of a reliable census figure and other statistical data has made it near impossible to trace the contacts of patients, distribute palliatives and generally trace criminals.

 

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Nice write-up.... How I wish our leaders can look into this...

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