COVID-19 and the Maritime and Logistics Sector in Africa
The COVID-19 (coronavirus) pandemic has taken a toll on human life and brought major disruption to economic activity across the world, precipitating an unprecedented global health and economic crisis. Although it is too early for a full assessment...
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2020
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okr-10986-340802021-05-25T10:54:37Z COVID-19 and the Maritime and Logistics Sector in Africa Humphreys, Richard Martin Dumitrescu, Anca Biju, Ninan Oommen Lam, Yin Yin CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE TRANSPORT LOGISTICS MARITIME LOGISTICS PORTS PUBLIC HEALTH REGULATION LOCKDOWN SUPPLY CHAINS MARITIME TRANSPORT CROSS-BORDER TRADE ROAD FREIGHT CROSS-BORDER COLLABORATION The COVID-19 (coronavirus) pandemic has taken a toll on human life and brought major disruption to economic activity across the world, precipitating an unprecedented global health and economic crisis. Although it is too early for a full assessment of the impact of the pandemic in Africa, it is clear that COVID-19 (coronavirus) has already brought severe hardship, especially to the landlocked and least developed countries, and poor and vulnerable communities. Vulnerable sectors (e.g. tourism, oil and gas industry, maritime, air and road transport, freight forwarding, logistics, and wholesale and retail sectors) have been hard hit and some will not recover. The demand for, and price of many commodities has declined sharply, increasing the vulnerability of many commodity-dependent African countries. The forecast challenges include food insecurity, lack of medical supplies, loss of income and livelihood, difficulties in applying sanitary and physical distancing measures, a looming debt crisis, as well as related political and security risks. The World Bank projected that economic growth will decline to between -2.1 and -5.1 percent in 2020 from 2.4 percent in 2019, leading to the first African recession in 25 years. This short note summarizes the current evidence of the impact on the maritime and logistics sector in African countries and defines a three pillared response for countries to both mitigate the impact of the pandemic and increase the resilience of the sectors going forward. It ends by discussing potential areas of co-operation with the World Bank to those ends. 2020-07-13T15:10:53Z 2020-07-13T15:10:53Z 2020-07-01 Policy Note http://documents.worldbank.org/curated/en/830701594047530798/COVID-19-and-the-Maritime-and-Logistics-Sector-in-Africa http://hdl.handle.net/10986/34080 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note Africa North Africa Sub-Saharan Africa |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE TRANSPORT LOGISTICS MARITIME LOGISTICS PORTS PUBLIC HEALTH REGULATION LOCKDOWN SUPPLY CHAINS MARITIME TRANSPORT CROSS-BORDER TRADE ROAD FREIGHT CROSS-BORDER COLLABORATION |
spellingShingle |
CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE TRANSPORT LOGISTICS MARITIME LOGISTICS PORTS PUBLIC HEALTH REGULATION LOCKDOWN SUPPLY CHAINS MARITIME TRANSPORT CROSS-BORDER TRADE ROAD FREIGHT CROSS-BORDER COLLABORATION Humphreys, Richard Martin Dumitrescu, Anca Biju, Ninan Oommen Lam, Yin Yin COVID-19 and the Maritime and Logistics Sector in Africa |
geographic_facet |
Africa North Africa Sub-Saharan Africa |
description |
The COVID-19 (coronavirus) pandemic has
taken a toll on human life and brought major disruption to
economic activity across the world, precipitating an
unprecedented global health and economic crisis. Although it
is too early for a full assessment of the impact of the
pandemic in Africa, it is clear that COVID-19 (coronavirus)
has already brought severe hardship, especially to the
landlocked and least developed countries, and poor and
vulnerable communities. Vulnerable sectors (e.g. tourism,
oil and gas industry, maritime, air and road transport,
freight forwarding, logistics, and wholesale and retail
sectors) have been hard hit and some will not recover. The
demand for, and price of many commodities has declined
sharply, increasing the vulnerability of many
commodity-dependent African countries. The forecast
challenges include food insecurity, lack of medical
supplies, loss of income and livelihood, difficulties in
applying sanitary and physical distancing measures, a
looming debt crisis, as well as related political and
security risks. The World Bank projected that economic
growth will decline to between -2.1 and -5.1 percent in 2020
from 2.4 percent in 2019, leading to the first African
recession in 25 years. This short note summarizes the
current evidence of the impact on the maritime and logistics
sector in African countries and defines a three pillared
response for countries to both mitigate the impact of the
pandemic and increase the resilience of the sectors going
forward. It ends by discussing potential areas of
co-operation with the World Bank to those ends. |
format |
Policy Note |
author |
Humphreys, Richard Martin Dumitrescu, Anca Biju, Ninan Oommen Lam, Yin Yin |
author_facet |
Humphreys, Richard Martin Dumitrescu, Anca Biju, Ninan Oommen Lam, Yin Yin |
author_sort |
Humphreys, Richard Martin |
title |
COVID-19 and the Maritime and Logistics Sector in Africa |
title_short |
COVID-19 and the Maritime and Logistics Sector in Africa |
title_full |
COVID-19 and the Maritime and Logistics Sector in Africa |
title_fullStr |
COVID-19 and the Maritime and Logistics Sector in Africa |
title_full_unstemmed |
COVID-19 and the Maritime and Logistics Sector in Africa |
title_sort |
covid-19 and the maritime and logistics sector in africa |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/830701594047530798/COVID-19-and-the-Maritime-and-Logistics-Sector-in-Africa http://hdl.handle.net/10986/34080 |
_version_ |
1764480326552256512 |