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COVID-19 Expected to Cause Widespread Economic Disruption in Africa

by Jeremy Stevens
Image by Gerd Altmann from Pixabay

Editor’s Note: although Africa, so far, has been spared from the health consequences of the COVID-19 outbreak in China, the economic impact is already being felt across the continent and is expected to have severe repercussions in most countries through reduced export earnings, higher borrowing costs, and overall economic disruption. Furthermore, the economic dislocation will likely have political ramifications as well in the weeks and months ahead.

Jeremy Stevens, the Chief China Economist at Standard Bank in Beijing, is closely following the macro-economic impact of the COVID-19 crisis in China and how it will impact Africa. He recently shared some of his views on the CAP’s China in Africa Podcast:

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