The COVID-19 crisis is unprecedented in the economic evolution of the last century and challenges the social and economic fundamentals and connectivity parameters of the global economy. This pandemic has the particularity of paralyzing economies by simultaneously affecting: demand, supply, market psychology, and public finance balances around the world. The majority of African countries are four to five weeks away from their epidemiological peaks, a situation that imposes complex choices on governments and businesses alike.
This note was written by OnPoint Africa’s Consulting and Analytical teams based on our understanding and experience of the Ivorian and regional economy. It is intended for decision-makers in the Private and Public Sectors and offers both a factual basis close to African realities and avenues for reflection on (1) the epidemiological stakes, (2) the possible economic impacts on businesses and vulnerable populations in Côte d’Ivoire that can be generalized to the region, and (3) possible measures to consider in your policies for managing this crisis.
The post-COVID-19 world will never be the same again, but we believe that this crisis represents a unique opportunity to transform both the structures of African economies and champions.