AFRICA (African nations are set to see minimal or in some cases negative GDP growth in the 4th Q of 2020)
Some countries in Africa lack the basic equipment or even trained health workers to respond to the challenge.
The African construction sector is managing with the effect of COVID-19 and is currently moving to handle the mitigation effort, 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 4th Q of 2020.
The COVID-19 virus has been responsible for up to 50% of ongoing construction projects around the African continent to be closed down since mid-March, recent reports are that many of these closed down projects are slowly starting to remobilize.
It appears that South Africa is now the epicenter of the African COVID-19 virus with more than half a million confirmed cases. Other counties such as Egypt, Nigeria, Ethiopia & Kenya are forecast to be hard-hit & their construction sectors will struggle for the remainder of 2020. There are concerns that future lockdowns will bring considerable suffering for the Africa’s deprived citizen, who lack basic services, without regular employment & lacking basic medical facilities to fall back on.