Home Economy OPINION: How Coronavirus is Gradually Increasing Economic Competition Among African Countries

OPINION: How Coronavirus is Gradually Increasing Economic Competition Among African Countries

by Nwani Chisom
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Oyogist.com has learnt that Major Economies in Africa so far has grown massively during the present Coronavirus pandemic.

About 54 African countries have increased their communication and Business scope as some took advantage of the covid-19 pandemic outbreak to embrace wireless, remotely engaged commerce.

Meanwhile, major Communication firms in the African region has grown rapidly, with a 29% increase in market capitalization presently in 2020.

Key African countries including South Africa, Nigeria and Ethiopia has reached their lowest covid-19 cases rate since May, data compiled by Johns Hopkins Bloomberg School of Public Health shows.

Ethiopia, Uganda, Ivory Coast, Egypt, Ghana, Rwanda and Kenya saw a boost in their respective economies despite the pandemic.

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