As countries around the world fall into a recession due to the coronavirus, what effects will this economic downturn have on Africa? Brahima Coulibaly explains the economic strain from falling commodity prices, remittances, tourism, and the consequences of a G-20 decision to temporarily suspend debt service payments for Africa’s poorest countries.
Coulibaly emphasizes that the G-20’s actions were an important first step, but more must be done to guarantee countries have the financial resources they need to fight the pandemic.
Source : Brookings Institute