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Opinion

COVID: Less Focus on Africa?

James Rae, Private Equity Associate, Clifford Chance
June 4, 2020, 9:11 p.m.
1163

Word count: 768

Much has been said about the impact of COVID-19 on the global economy, and more frequently, it is beginning to be known as the worst recession since the Great Depression. Although we do not know how long the COVID-19 pandemic will continue to hurt the global economy, we do know that, at least at some point, things will normalise. It may be a ‘new normal’, but to some extent most industries will see a strengthening of demand and with it a revival of some much needed cashflow.

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