AFRICA (African nations are set to see minimal or in some cases negative GDP growth in the 1st Q of 2021)
South Africa is seeing a troubling new form of the COVID-19 virus which appears to be highly contagious. The UK & Canadian governments have banned travelers from South Africa from entering the UK & Canada after a new form of COVID-19 was discovered in and around the London / southern region. Some countries in Africa lack the basic equipment or even trained health workers to respond to the challenge.
The African construction sector is dealing with the effect of COVID-19 and is presently lessening the impact, some counties never stopped construction activities and others completely closed down, construction activities in most countries are starting to slowly move forward again as we transition into the 1st Q of 2021.
The COVID-19 virus has been responsible for up to 50% of ongoing construction projects around the African continent to be closed down or delayed since mid-March, recent reports are that many of these closed down projects are starting construction activities again.
It appears that South Africa is now the epicenter of the African COVID-19 virus with close to 1 million confirmed cases & more than 27,000 deaths. Other countries such as Egypt, Nigeria, Ethiopia & Kenya have been hard-hit & their construction sectors will struggle going into 2021. There are concerns that future lockdowns will bring considerable suffering for Africa’s deprived citizens, who lack basic services, without regular employment & lacking basic medical facilities to fall back on.