Impact of the COVID-19 Crisis on the African Financial Sector

This document is based on the presentation of a webinar session, hosted by the MFW4A Secretariat and its partners, on the impact of current health crisis on the African financial sector. The session allowed panelists to discuss in forward-looking terms how ongoing market turmoil and trade disruptions due to concerns about the impact of the coronavirus on the global economy will affect the African financial sector. Discussants also debated immediate policy responses to further strengthen the resilience of the African financial systems, with a focus on trade finance, capital markets and banking sector.