COVID-19 vaccines and the implications for Africa

The distribution of effective COVID-19 vaccines is likely to be much slower in Africa than in many other parts of the world and the “vaccine bounce” in domestic economic activity will probably also be more muted. Those countries that will benefit the most are the major commodity producers and tourism-dependent economies. Even so, recoveries across the region will probably remain slow-going and the outlook will be clouded by higher debt burdens.