According to him, UNECA’s analysis showed that with total lockdown, the economies would lose 2.5 per cent of its Gross Domestic Product (GDP) monthly.
DIRECTOR of Regional Trade and Integration at United Nations Economic Commission for Africa Mr Stephen Karingi has said Africa will lose $65 billion if there is full lockdown of the continent due to COVID-19.
“This is about $6.5 billion every month based on the intensity and strictness of the lockdown. If we have a full lockdown … we would lose $65 billion,” he said. Executive Chairman of Africa Health Business and President of Africa Healthcare Federation Dr Amit Thakker said there were three phases of Africa post COVID-19 recovery.
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