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How African economies can guard against future shocks Innovative financial regulations, digital payment and ID infrastructure support and a focus on women are needed By Rodger Voorhies - 14 April 2021
In the year since Covid-19 hit, economies across Africa have experienced a dramatic slowdown. Even countries with limited initial incidence of the virus faced severe economic aftershocks. Significant disruption in agricultural markets and labour in sub-Saharan Africa has restricted income and led to rapid food insecurity for many.
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Covid-19 vaccines are providing hope that the pandemic is coming to an end. But mass immunization will be a huge feat, especially in low and middle-income countries. Startups like Nigeria s Gricd are trying to bridge the gap, providing portable cold boxes that can be transported to remote and rural areas.
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Gricd cold boxes are packaged securely, and equipped with monitoring devices that can detect their location, internal temperature and humidity. This creates a controlled environment to ensure the vaccine s efficacy.
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In sub-Saharan Africa, where 600 million people live off the grid, PEG Africa is helping to outfit rural health clinics with solar power, so that they can power vaccine refrigeration, as well as carry out other medical procedures that require energy.
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By Emma Ujah, Abuja Bureau Chief & Sola Ogundipe, Health Editor
The Federal Government said yesterday it was still working on the type and and quantity of COVID-19 vaccines to procure when some other countries on the continent are already placing orders on the product.
For instance, countries such as South Africa, Senegal, Kenya and Egypt, among others, are expecting delivery of the vaccines in a few weeks.
However, the Finance Minister, Mrs. Zainab Ahmed, who disclosed this yesterday at the 2021 budget ministerial briefing, said the federal government would seek