The Impact of COVID-19 on the African Financial Sector

The interactive session will explore, in forward-looking terms, how ongoing market turmoil and trade disruptions due to COVID-19  will impact the global economy and affect the African financial sector. What are the transmission mechanisms, and what actions can / are the African Financial sector take to minimize the impact?   

How can we as stakeholders come together, combining efforts to design a coordinated and effective African response to this crisis?  What support can development partners and development finance institutions provide?

Panelists will discuss immediate policy responses to further strengthen the resilience of the African financial systems, focusing primarily on trade finance, capital markets and the banking sector.