Already being ravaged by the worst infestation of desert locusts in 70 years, East African economies are now staring down the barrel of the coronavirus pandemic.
Now, a combination of trade and production shocks resulting from the coronavirus outbreak, as well as the economic and medical challenges of trying to combat the pandemic itself, will likely compound these problems.
"While the negative labor effects in the construction sector are at this stage likely to be limited, a lack of materials may stall robust growth in the construction sector — a dominant driver of growth over the past five years.
NAIROBI, KENYA - 2020/03/18: Commuters make their way into the Nairobi Train Station as a security personnel stands on guard while wearing a face mask as a preventive measure against COVID-19. Kenya has so far recorded seven case of Coronavirus.NKC assessed vulnerability to a Chinese demand shock by considering direct bilateral trade flow, China FDI stock and Chinese contribution to domestic tourism.
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