The African Development Bank's new $3bn Fight Covid-19 Social Bond is the largest dollar-denominated social bond ever launched in international capital markets to date, and the largest US dollar benchmark ever issued by the bank. With a three-year maturity, it will pay an interest rate of 0.75%.
1 day ago
Africa urgently needs a globally coordinated ubuntu plan in response to Covid-19, a fiscal stimulus that recognises our shared and connected humanity, as we find ourselves in the midst of an unprecedented crisis. The world's largest cities are eerily silent. One virus has disrupted the whole world in a manner never seen before in history.
Dr Victor Oladokun 1 day ago
There will be few positives to take from coronavirus. But the global pandemic may yet prove to be an important moment in the attempts to address the illegal wildlife trade.
Simon Evans 27 Mar 2020
In a 2015 TED Talk, following the containment of the Ebola virus in West Africa, philanthropist and Microsoft cofounder Bill Gates warned that "failure to prepare could allow the next epidemic to be dramatically more devastating".
26 Mar 2020
With regard to the impact of the Covid-19 virus on global business, it is fair to say that in the quest to find socio-economic solutions to pandemic threats, we are witnessing change-management on a globally unprecedented scale. Many organisations are needing to implement measures at many touchpoints at very short notice. It is scary, challenging and demanding.
Bizcommunity.com 25 Mar 2020
Policymakers in countries where there are severe outbreaks of Covid-19 are doing what they can to slow the spread and "flatten the curve." But so far, there hasn't been much global coordination, raising the risk of a second wave of contamination even after individual countries halt the virus' advance.
Nader Habibi 25 Mar 2020