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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Main Authors: Humphreys, Richard Martin, Dumitrescu, Anca, Biju, Ninan Oommen, Lam, Yin Yin
Format: Policy Note
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/830701594047530798/COVID-19-and-the-Maritime-and-Logistics-Sector-in-Africa
http://hdl.handle.net/10986/34080
id okr-10986-34080
recordtype oai_dc
spelling 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
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