The Covid-19 pandemic has dragged African economies into a fall of about 1.4% in GDP, with smaller economies facing a contraction of up to 7.8%.
This has forced many already poor and heavily indebted countries to further borrow from the International Monetary Fund (IMF) just to survive the pandemic.
In fact, many have already borrowed from the future.
With debt overtaking total economic output, how will these African nations recover?
The answer lies in the complete integration of the African continent. Individually, African countries are weak, but united they could unleash Africa’s true potential.
Firstly, African leaders must honour the commitments they have made and implement the African Continental Free Trade Area (AfCFTA).
AfCFTA must be the priority in the formation of policy and regulation in every signatory country.
