COVID-19 Pandemic: How African Leaders can win the War -by Yom Oresanwo and Ekene Uzor

The Novel Corona virus (COVID-19) Pandemic has taken the world by storm and brought it to a complete standstill within a matter of weeks.

The world is now facing not just an unprecedented
health crisis but also potentially a financial and economic crisis greater than that of any post war era.

This pandemic has disrupted society in a manner that most people alive will not have previously witnessed. People have been separated from their workplaces, friends and in some cases, their families for long periods of time. Healthcare systems are stretched to limits and many businesses have shut down completely with public places emptied across many major cities all over the world. It is clear that we are at war, just not as we know it.

This time, we are not fighting against each other as we may have done in the past and in place of the military, only healthcare workers and other essential services workers are the
ones on the front line.

The pandemic will have serious implications for the economic outlook for African countries. For instance, the demand side of oil markets have been impacted from the shutdown of economic activities in China. As a result, we are seeing oil prices (Brent) fall to as low as $23 per barrel (an 18-year low). It is important to note that the oil price situation is made worse by the ongoing…

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Written by Yom Oresanwo and Ekene Uzor