Global leaders discuss how Africa can achieve post-COVID-19 economic recovery

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Global leaders discuss how Africa can achieve post-COVID-19 economic recovery
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The African economy will recover quickly from the devastating impact of the Coronavirus pandemic if there is a meaningful collaboration between governments and the private sector, some global leaders said on Monday.

pandemic if there is a meaningful collaboration between governments and the private sector, some global leaders said on Monday.

Mr Elumelu said the global economic crisis as a result of the Coronavirus pandemic has brought the ideal time for collective action to rebuild Africa. “In addition, we are working with commercial banks to manage the repayment of loans as well as to create stimulus packages for citizens,” he said. Mr Oramah said African governments must swiftly implement the African Continental Free Trade Area agreement.

He warned that if Africa allows hunger to take over its people, the insecurity that would come as a result would take a long time to overcome.

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