ASSESSMENTS
Coronavirus Is Coming for Nigeria -- and Its Economy
Mar 16, 2020 | 13:46 GMT
(PIUS UTOMI EKPEI/AFP via Getty Images)
Highlights
- The relative lack of international travel to and from sub-Saharan African countries has so far kept the region relatively isolated from the global coronavirus outbreak by limiting opportunities for transmission.
- But coronavirus cases are now expected to start spreading across sub-Saharan Africa in the weeks ahead, and when they do, the region's already constrained health care capacity will struggle to respond.
- Nigeria, in particular, will also be significantly impacted by the global economic fallout of coronavirus and the related drops in oil demand, which will likely force the country's central bank to devalue its local currency in the months ahead.
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