Many of the developing countries in Africa including Ethiopia have already began feeling the economic impact of the coronavirus pandemic. For instance the government of Ethiopia is reportedly spending about one billion dollars every year just to import wheat. COVID-19 is an opportunity to leapfrog African economies and probably set free itself from foreign aid dependency once and for all. If Africa lockdown for one month to save its people from COVID-19 pandemic and yet the people can’t say at home because they don’t have food at home. Use COVID-19 as an opportunity to mobilize your domestic resources for the kind of self-sustaining investments I mentioned above.

Source: News Business Ethiopia March 29, 2020 16:01 UTC