Africa Day (25 May) is an annual opportunity to reflect on the progress we have made in driving socio-economic growth and development. But this year, it is a more sombre occasion as we try to understand the human and economic cost of the Covid-19 pandemic.
At the time of writing, there were around 95,000 confirmed Covid-19 cases in Africa and nearly 3,000 deaths, with the numbers rising exponentially. Apart from the tragic loss of life, Covid-19 could be a serious economic setback. The IMF forecasts that Sub-Saharan Africa’s GDP for 2020 will shrink 1.6% – a 5.2% drop from earlier forecasts – and that per capita income will drop an average 3.9%.
However, let’s not allow the very real challenges of the virus overshadow the progress Africa has made.
The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.