{"id":124,"date":"2020-07-01T17:04:24","date_gmt":"2020-07-01T14:04:24","guid":{"rendered":"http:\/\/qiraatafrican.org\/qiraat-magzin\/?post_type=article&p=124"},"modified":"2026-10-27T08:53:36","modified_gmt":"2026-10-27T05:53:36","slug":"economic-effects-of-covid-19-on-african-economy","status":"publish","type":"article","link":"https:\/\/qiraatafrican.com\/journal\/article\/economic-effects-of-covid-19-on-african-economy","title":{"rendered":"Economic effects of COVID-19 on African economy"},"content":{"rendered":"\n
\n

Publisher: <\/strong>Qira’at Afriqiyah Magazine
Issue:<\/strong> 45, July 2020
ISSN<\/strong>: 2634-131X
Year :<\/strong> 16
Pages: <\/strong>64-81
Author<\/strong>: Dr. Samah Sayed Ahmed Al-Morsi
Download pdf<\/a><\/p>\n\n\n\n

\"\"<\/a><\/figure>\n<\/div>\n\n\n
<\/a>Abstract:<\/span><\/strong>
<\/bdo>\nThe aim of the study is to monitor and analyze the economic effects of the Coronavirus crisis on the economies of African countries, and how their governments responded to it, with a number of recommendations to alleviate the effects of that crisis on these countries. The study presented the developments of the global economy and the impact of the pandemic on it, as it also dealt with the effects of the spread of the virus on economic growth rates in the continent and on the most important sectors such as oil and its main producing countries.\n\nThe study also focused on the tourism and travel sector and the most important touristic destinations in Africa, while the study concluded that the continent will suffer from significant negative effects of this crisis on economic growth rates and foreign exchange flows, whether represented by declining values of workers\u2019 remittances, foreign direct investment, or official development assistance. In addition to the disastrous consequences of the oil prices collapse and the travel and tourism sector on the African economies that mainly depend on them, African governments have taken many economic and financial measures to tackle the pandemic, and African regional institutions such as the African Union Commission and the African Development Bank have had an important role in coordination with the World Health Organization (WHO).<\/span><\/pre>\n\n\n
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