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Main challenges faced by companies during the coronavirus (COVID-19) pandemic in Africa as of March 2021

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Source

Release date

April 2021

Region

Africa

Survey time period

February 22 to March 14, 2021

Number of respondents

125 respondents

Method of interview

Online survey

Citation formats

Main challenges faced by companies during COVID-19 in Africa 2021

Published by Zeynep Dierks, May 5, 2021
According to a study conducted between February and March 2021, ** percent of the African businesses that took part in the survey faced a drop in the demand for the products or services they provided. The same share of companies reported that opportunities to meet new customers have been reduced during the coronavirus (COVID-19) pandemic. Moreover, the lack of operational cash flow represented a challenge for ** percent of the respondents.
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