Covid – 19 has hit the world with a “double shock”: an unprecedented contraction in supply and demand coupled with a health-economic conundrum. For Africa, and the UEMOA region, the immediate picture is bleak. However, there is hope if the financial sector uses the situation as a trigger for accelerated transformation of lending processes and products, taking the lead from other sub-Saharan markets and levering advantage of the robust financial infrastructure in place.
The privilege of living where I don’t feel threatened by systematic discrimination doesn’t mean I can turn a blind eye and pretend this is not impacting me. It is affecting my friends, my colleagues, millions of people I don’t know, and the world, we, as parents, leave to our children.