Recapitalizing and enhancing the capacity of the Eritrean Investment and Development Bank will be critical.
BY EDIRISA NSEERA | THE AFRICAN DEVELOPMENT BANK
Eritrea reported its first case of COVID–19 on 21 March 2020, and total cumulative cases stood at 39 by 7 May, with 30 recoveries and no deaths. To contain the spread of the pandemic, the government imposed a national lock-down starting on 2 April. All citizens are required to stay at home except those engaged in indispensable security and development tasks. Continue reading Eritrea Economic Outlook 2020 Amid COVID-19