Covid-19 has impacted economies around the world in unprecedented ways, with developing nations most adversely affected, with recent economic forecasts from the IMF estimating that GDP contracted by 2.6 percent across the continent in 2020, and World Bank estimates predicting that the impacts of the pandemic in Africa could drive up to 40 million people into extreme poverty—erasing recent progress. In her illuminating conversation with Dr. Donald Kaberuka, Co-chair of the United Nations Secretary-General’s High-Level Panel on Internal Displacement and renowned economist, MCC Deputy Chief Executive Officer Alexia Latortue shines a light on what it might take for African economies to recover from the pandemic, and what role development agencies might play in the process.
MCC’s mission is to reduce poverty through economic growth. As a development agency, we partner with developing countries who are committed to good governance,...
In part one of this episode, Aysha House, MCC Vice President of Congressional and Public Affairs, hosts a panel discussion on the importance and...
Implementation of the African Continental Free Trade Area, private sector investment and development of robust domestic markets across the African continent are critical to...