For Steiner, digital connectivity is
essential in rebuilding economies in the region post Covid-19. This
would make it easy for persons to stay in touch with
friends, family,
and work remotely. In addition, it would encourage innovation and
improve learning opportunities.
“Digital connectivity is very crucial to
connect schools to the internet. We need to address inequality; also,
the virus has put a spotlight on Africa’s healthcare system.
“Africa needs to look at intermediate
strategies like micro-insurance to ramp up this sector. Healthcare has
the ability to make a large percentage of the occupation fall into
extreme poverty,” he added.
Speaking further, Steiner pointed out
that the developmental gains recorded by the continent in the last
decade were now at risk, in terms of manpower and economic.
According to Steiner, “The health system
across Africa is still uneven. The universal health coverage is not a
reality and it will be very difficult for governments to finance in the
near future, national health services that can essentially be funded
just from the public purse.
“We need to look at micro-health
insurance. Insurance sectors working with governments could massively
expand coverage for hundreds of millions of people to cover the major
health risks.
“These are the things that throw people
back into poverty and 40 per cent of people who escape from extreme
poverty often fall back into it often because of health crisis. We need
to also look at the education sector like impacting entrepreneurial
skills, the reality of what is happening right now is that hundreds of
millions of children are deprived of their education and I think we have
learned very quickly that digital connectivity could be a crucial
leap-frogging opportunity to connect all schools in the continent.”
On his part, Maurer said there was need to look at pandemic as part of a broader health system which needs stabilisation.
“We must do more than life-saving. This
pandemic has illustrated the weakness of health, water, sanitation and
social systems, and we have to heavily invest into the stabilisation of
these systems,” he stated.
Also, Yahmed said: “We have to get away
from the commodity driven model which has failed in creating prosperity.
Secondly, self-reliance should be one of the major objectives. The
pandemic is wake up call for Africa, creating new streams of revenue and
self-reliance by the African continent.
“We need to use this crisis to take
Africa to the next level. This crisis is going to be a super accelerator
of already existing trends. I think it has to be a wake-up call for us
to attain goals we haven’t reached.
“Create new revenues for the economy. We
also need to attain self-reliance. Self- reliance is an important goal.
Africa manufactures only two per cent of what it produces. We need to
use this crisis to take Africa to the next level. Invest in digital
infrastructure, digital education, agriculture is another opportunity we
need to grab. We need to get the AFCTA working.”
Kaberuka also said what Africa needed to
tackle the pandemic was something unusual, adding: “it is not business
as usual. It is not marginal action; it is radical action.”
Therefore, for countries in Africa to cushion the effect of the
pandemic on their citizens, among other economic stabilisation measures,
a large dose of fiscal and monetary policy interventions would be
crucial to support and protect vulnerable persons.
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