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Afreximbank unveils a US$3billion facility to cushion COVID-19 fallout

Kampala, Uganda | Isaac Khisa | Africa’s multi-lateral lender, African Export-Import Bank has unveiled a US$3bn facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal with the economic and health impacts of the COVID-19 pandemic. PATIMFA, approved by the Bank’s Board of Directors during its sitting on March.20, …

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Anti-virus measures spark Mideast fears of setback in liberties

Cairo, Egypt | AFP |  Armoured vehicles in the streets, hundreds arrested, smartphone surveillance — sweeping measures to fight the coronavirus have raised concerns in the Middle East over the erosion of already threatened human rights. As the world battles the COVID-19 pandemic, more than three billion people are now living …

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Mali records first coronavirus death hours before election

Bamako, Mali | AFP |  Mali recorded its first coronavirus death on Saturday, a day before the West African country voted in a long-delayed parliamentary election threatened by both the pandemic and security concerns. The kidnapping of the leader of the main opposition party earlier in the week has also cast …

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Coronavirus fears spark urban exodus across Africa

behenjy, Madagascar | AFP | No one can remember ever seeing as many people heading out of Antananarivo along national highway number 7. Madagascans have joined the exodus in their hundreds in recent days, forming long queues to get away after the authorities declared a lockdown to try to prevent the …

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Mali heads to polls despite coronavirus, insecurity

Bamako, Mali | AFP | Malians vote Sunday in a long-delayed parliamentary election, despite a raging jihadist conflict, the recent kidnap of a leading opposition politician and the coronavirus pandemic. Experts see the vote as a key step towards leading the West African state out of its spiral of violence and …

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South Africa begins ‘unprecedented’ military-patrolled lockdown

Johannesburg, South Africa | AFP |  South Africa came under a nationwide military-patrolled lockdown on Friday, joining other African countries imposing strict curfews and shutdowns in an attempt to halt the spread of the coronavirus across the continent. Some 57 million people are to be restricted to their homes during South …

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Coronavirus pushes Zimbabwe to re-introduce use of US dollar

Harare, Zimbabwe | AFP | Zimbabwe has re-introduced the use of foreign currency for domestic transactions in what was seen as a bid to tap into private forex savings as the country gears up for the battle against the novel coronavirus. In a statement the central bank governor John Mangudya said the move is part …

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