IPS News published an article on how countries are working toward re-opening economies, a tough balancing act between keeping people safe from the virus while ensuring they can still make a living.
After more than four months of COVID-19 lockdown, countries on the continent are beginning to ease public health and social measures. One example of the cost of the shutdown comes from IFPRI. According to IFPRI’s research, Nigeria, the top African economy, may have lost about $18 billion which represents a 38 percent drop in GDP in just five weeks of lockdown from March to April.