Absa, Proparco to source, disburse $20m to African Covid-19 hit SMEs
A graduate of Economics and Statistics from the University of Benin. An experienced researcher and business writer in the print and digital media industry, having worked as a Research Analyst at Nairametrics, Voidant Broadcasting Ltd, Entrepreneurs.ng, and currently a Market and Finance Writer at Business a.m. For stories, press releases, exclusive events, call +2347052803696 or send a mail to abuedec@gmail.com.
February 5, 2022714 views0 comments
-
Set focus on construction, manufacturing, tourism, retail, in Africa’s post-pandemic recovery race
According to the German Institute for Global and Area Studies (GIGA), the lockdown rules that were implemented across the African continent led to drastic short-term income losses for informal workers as very few of the workers had access to social security protection. Foreign direct investment (FDI) also dropped drastically as trade declined dramatically on the continent while the government capacity to keep the economy active ebbed leaving little or no means of support for the state managers.