Business Africa
African economies are also affected by the coronavirus, with China as their largest trading partner.
Until a few weeks ago, China was fifth in world GDP.
In 2019, the volume of trade between China and Africa reached a record US$208.7 billion.
Despite a trade deficit of 17.7 billion dollars, trade continued between the 2 players until the appearance of the coronavirus last December. And today, hundreds of consumers are stuck throughout China.
Maintains reduced oil production
The Organization of the Petroleum Exporting Countries had to maintain the reduction in its oil production until the end of this year.
The global oil sector is also experiencing disruptions due to the coronavirus epidemic.
After an initial reduction to 1.7 million barrels per day to support crude oil prices, the technical committee of the Organization of the Petroleum Exporting Countries (OPEC) recommends extending the agreement to reduce oil production until the end of 2020 and making a further reduction until the end of the second quarter.
01:00
Panic buying grips Beijing supermarkets after lockdown rumours
Go to video
Senegal: State distributes aid as global economic crisis hits
Go to video
Zimbabwe government under fire for suspending bank credit
Go to video
Adoption of bitcoin in CAR raises suspicions
01:14
Covid 19: Wearing of face mask remains mandatory in South Africa
Go to video
Central African raises alarm over state finances