Africa: Covid-19 Crisis Amplifies the Urgency for Economic Diversification in Africa

Africa's low level of economic diversification is a leading factor in the continent's economic fragility. Further, the COVID-19 pandemic has magnified the risks of countries' over-dependence on a single natural resource such as oil.

Africa is endowed with abundant natural resources, including minerals, and revenues from their export constitute a major source of income for many countries.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.