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Here’s Africa’s ‘fire exit’ from Covid-19 pandemic Monday December 14 2020 Kenya’s President Uhuru Kenyatta addresseS the second edition of Kusi Ideas Festival at Ciala Resort in Kisumu County, western Kenya, on December 8, 2020. PHOTO | SILA KIPLAGAT | NMG Summary On Blue Economy, Kusi sees potential of Lake Victoria to transform region vide youth and homegrown solutions. By PAUL WAFULA Increasing intra-African trade, innovation, and the blue economy will provide African economies a “fire exit” from ravages of Covid-19 pandemic. These were some of the recommendations from the K...

The general consensus, it seems, to recover from the severe economic setback created by the pandemic is simply to reopen the economy. There is much agreement on this, with growth in 2021 forecast to range from 6.5 percent to 7.5 percent. An artwork at the Lagusnilad underpass in Manila. TMT FILE PHOTO This year, however, reminds us about the limitations of predictions. The Philippines was forecast to have robust growth in 2020, but mainly because of Covid-19, the country is, instead, expected to contract between 8.5 percent and 9.5 percent.   The economy may not return to normal next year, d...