To limit the economic fallout of the COVID-19 pandemic in Nigeria’s main commercial city, businesses are now allowed to operate on alternate days with limited hours, but this is creating a whole new challenge for business owners in a city where commute alone takes hours due to traffic.
Commuters in South Africa embrace the new normal as Lockdown eases.
As lockdown eased in Nigeria’s capital Lagos, entrepreneurs are strategising for the challenges ahead.
A month before the lockdown started Tshepo Mekoa’s logistics business was facing exponential growth. He had hired 16 employees, purchased 9 vehicles and was about to move his business into a new 3000 square metre warehouse – business was looking good. More than a month into lockdown, he’s had to lay off 40 workers, and those that remain have taken a 50 % pay cut – in an instant the company is now battling to survive.
WHO says it supports efforts at finding a cure even from indigenous medicines
The commercial nerve center of Nigeria, Lagos, is working towards reopening the city for business after two weeks of easing its lockdown. But considering that Lagos State is the epicenter of COVID-19 in the country with 2550 out of the total number of 5959 cases (May 17), is the city ready to fully resume commercial…
It was around 11 am on Tuesday, April 21 when Mrs. Deborah Oluwadero was rushed to the Ekiti State University Teaching Hospital in Nigeria’s southwest region. Diabetic and hypertensive, she sometimes suffered from fluctuating blood glucose. According to her son, John, who himself is a pharmacist, on few days before his mother’s passing, her blood…
It might become easier to diagnose Covid-19 in Africa, thanks to this laboratory in Senegal.
There will be a significant drop in money sent back home to Africa from diaspora due to loss of jobs for immigrants as effects of Covid-19 continues to bite.
Africa’s Aviation Industry is set to experience massive losses due to the ongoing Covid-19 pandemic. Mansa Media explores.
With the city of Lagos under lock-down to contain the spread of Covid-19, Mansa Media explores the effect this will have on Nigeria’s economy.
South Africa is currently on a 21-day lockdown as it continues to battle the deadly Coronavirus. While the entire economy is battling to stay afloat, township businesses are particularly vulnerable. We went to Soweto, the largest township in the country to find out how enterprises in the area are coping.
Ethiopia has issued a new directive that allows diaspora and local enterprises engage in provision of mobile money services. The directive has however prohibited the entry of foreign companies in the sector- a roadblock for companies like M-PESA that have been planning to enter into the Ethiopian market this year. According to the directive, the…
Less than a month ago, on March 9th, a Tweet from US President Donald Trump remarked, “Last year 37,000 Americans died from the common flu. Nothing is shut down, life and the economy go on…” Hubris? Ignorance? Call it what you will, one thing’s for sure. Less than one month later, New York looks like…
Coronavirus is likely to delay the water filling of Ethiopia’s biggest dam on the River Nile by one year, a top government official working at the country’s Ministry of Water, Irrigation and Electricity revealed. Contractors involved in metal construction works at the dam are not getting inputs needed to make the dam ready for water…
South Africa’s recession hit economy finds its self in a Covid-19 and junk status double whammy that will take years to get out of The current 21-day lockdown, aimed at reducing the virus will further hamper economic growth and over the weekend Finance Minister Tito Mboweni even mooted the idea of approaching the IMF and…
When it rains it pours, in describing South Africa’s current socio-economic predicament, never has a phrase been more apt. In fact, it’s not only pouring, but Africa’s most industrialised economy runs the risk of being swept away by a tsunami that will take years to recover from. The Covid-19 crisis coupled with a credit ratings…