Feb 14, 2020
So far, Africa has been spared from an outbreak of the deadly COVID-19 that has killed more than a thousand people in China and infected tens of thousands across the country. But now, more and more, the impact from a contagion half a world away is causing economic distress in a growing number of African countries.
With most Chinese factories idled, demand for raw materials used for industrial production has plummeted. Similarly, with most flights between the two regions canceled, African farmers have to find other ways to get their perishable goods to China. And the supply chains for everything from cell phones to cement along with countless other products that Africans import from China have all been disrupted.
A lot of businesses, in both China and Africa, are wondering what's going to happen and what it will take to get trade moving again.
Walter Ruigu is fielding those same questions every day from his office in Beijing where his clients in half a dozen African countries are eagerly trying to get their orders out of China.
Walter is the Managing Director of the global trading firm CAMAL Group and joins Eric to discuss how the burgeoning COVID-19 crisis is impacting China-Africa trade and why he's optimistic that goods and trade will start to move again within the next 1-2 weeks.
JOIN THE DISCUSSION:
LinkedIn: Walter Ruigu
SUPPORT THIS PODCAST. BECOME A SUBSCRIBER TO THE CHINA AFRICA PROJECT.
Your subscription supports independent journalism. Subscribers
get the following:
1. A daily email newsletter of the top China-Africa news.
2. Access to the China-Africa Experts Network
3. Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.com
Subscribe today and get two-weeks free: www.chinaafricaproject.com/subscribe