Africa Must Draw Lessons From The Pandemic To Rebuild Economy

ADDIS ABABA, ETHIOPIA – FEBRUARY 11: African Union Commission (AUC) Chairperson Moussa Faki Mahamat attends the closing session of the 32nd Ordinary Session of the African Union (AU) Summit held at African Union Headquarters in Addis Ababa, Ethiopia on February 11, 2019.
(Photo by Minasse Wondimu Hailu/Anadolu Agency/Getty Images)


In a statement, the Chairperson of the African Union Commission (AU) Moussa Faki Mahamat said, “The COVID-19 crisis is a opportunity to reflect and also revisit some of our development strategies.”



He further said that Africa must, therefore, draw lessons from the Coronavirus pandemic to re-adapt in order to build more diversified an endogenous economies that will be more resilient to possible future exogenous shocks.


“To this end, Africa must, in the first instance, explore its own potential and exploit the countless opportunities offered by intra-African trade,” the Chairperson said.


Africa has according to the latest report by Africa CDC reported 3,830,631 cases of Coronavirus, 101,350 deaths and 3,383,956 recoveries.


Written by PH

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